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2022
Exports $24World Rnk 95 / 99
Flag Rnk 991 / 1017
2022
Destination $24 Panama
2021 - 2022
FASTEST GROWING MARKET $24Panama
2022
PRODUCT COMPLEXITY IN Ground Nut Oil-1.93Rnk 993 / 1025
2022
Imports $21.1kWorld Rnk 90 / 185
Flag Rnk 1097 / 1175
2022
Origin $5.56k United States
2021 - 2022
FASTEST GROWING ORIGIN $5.56kUnited States
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $24 in Ground Nut Oil, making it the 95th largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 991st most exported product in Ecuador. The main destination of Ground Nut Oil exports from Ecuador are: Panama ($24).

The fastest growing export markets for Ground Nut Oil of Ecuador between 2021 and 2022 were Panama ($24).

Imports In 2022, Ecuador imported $21.1k in Ground Nut Oil, becoming the 90th largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1097th most imported product in Ecuador. Ecuador imports Ground Nut Oil primarily from: United States ($21.1k).

The fastest growing import markets in Ground Nut Oil for Ecuador between 2021 and 2022 were United States ($5.56k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Ground Nut Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$24
IMPORTS (2022)$21.1k
NET TRADE (2022)-$21.1k

In 2022, Ecuador exported $24 in Ground Nut Oil. The main destinations of Ecuador exports on Ground Nut Oil were Panama ($24).

In 2022, Ecuador imported $21.1k in Ground Nut Oil, mainly from United States ($21.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):Panama$24 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Oil BY Ecuador WERE (2021 - 2022):United States-$2.57k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Ground Nut Oil were:
Brazil $277M
India $156M
Argentina $128M
In 2022, Ecuador's main importing competitors in Ground Nut Oil were:
China $475M
Italy $65.8M
United States $54.3M

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $464
TOP IMPORT POTENTIALUnited States+ $1.35k

Ground Nut Oil’s highest export potential is China. With an export gap of $464.   Ground Nut Oil’s highest import potential is United States with an import gap of $1.35k.

See methodology.

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