2023
Exports
$1World Rnk 104 / 104
Flag Rnk 1000 / 1002
falsefalse Netherlands
2023
Imports
$157kWorld Rnk 113 / 185
Flag Rnk 962 / 1173
2023
ECONOMIC COMPLEXITY of Ecuador
-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $1 in Olive Oil, making it the 104th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 1000th most exported product in Ecuador. The main destination of Olive Oil exports from Ecuador are: Netherlands ($1).

The fastest growing export markets for Olive Oil of Ecuador between 2022 and 2023 were Netherlands ($1).

Imports In 2023, Ecuador imported $157k in Olive Oil, becoming the 113th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 962nd most imported product in Ecuador. Ecuador imports Olive Oil primarily from: Spain ($124k) and Italy ($33.1k).

Latest Trends

Dec 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 Olive 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 (2023)$1
IMPORTS (2023)$157k
NET TRADE (2023)-$157k

In 2023, Ecuador exported $1 in Olive Oil. The main destinations of Ecuador exports on Olive Oil were Netherlands ($1).

In 2023, Ecuador imported $157k in Olive Oil, mainly from Spain ($124k) and Italy ($33.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):Netherlands$1 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Ecuador WERE (2022 - 2023):
United Arab Emirates-$1.21k (-100%)
Panama-$15 (-100%)
Denmark-$7 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ecuador's main exporting competitors in Olive Oil were:
Spain $320M
Italy $114M
In 2023, Ecuador's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $530
TOP IMPORT POTENTIALItaly+ $37.6k

Olive Oil’s highest export potential is United Arab Emirates. With an export gap of $530.   Olive Oil’s highest import potential is Italy with an import gap of $37.6k.

See methodology.

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