2022
Exports
$32World Rnk 107 / 113
Flag Rnk 988 / 1017
2022
PRODUCT COMPLEXITY IN Rapeseed Oil
0.26Rnk 466 / 1025
2022
Imports
$1.45MWorld Rnk 89 / 208
Flag Rnk 722 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $32 in Rapeseed Oil, making it the 107th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 988th most exported product in Ecuador. The main destination of Rapeseed Oil exports from Ecuador are: Germany ($23) and Canada ($9).

The fastest growing export markets for Rapeseed Oil of Ecuador between 2021 and 2022 were Germany ($23) and Canada ($9).

Imports In 2022, Ecuador imported $1.45M in Rapeseed Oil, becoming the 89th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 722nd most imported product in Ecuador. Ecuador imports Rapeseed Oil primarily from: Canada ($794k), Paraguay ($353k), United States ($279k), Germany ($11.2k), and Sweden ($8.8k).

The fastest growing import markets in Rapeseed Oil for Ecuador between 2021 and 2022 were Canada ($680k), United States ($155k), and Germany ($11.2k).

Latest Trends

Oct 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 Rapeseed 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)$32
IMPORTS (2022)$1.45M
NET TRADE (2022)-$1.45M

In 2022, Ecuador exported $32 in Rapeseed Oil. The main destinations of Ecuador exports on Rapeseed Oil were Germany ($23) and Canada ($9).

In 2022, Ecuador imported $1.45M in Rapeseed Oil, mainly from Canada ($794k), Paraguay ($353k), United States ($279k), Germany ($11.2k), and Sweden ($8.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Germany$23 (1%)
Canada$9 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Ecuador WERE (2021 - 2022):Panama-$4 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, Ecuador's main importing competitors in Rapeseed Oil were:

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Trade Value of Rapeseed Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $724
TOP IMPORT POTENTIALCanada+ $471k

Rapeseed Oil’s highest export potential is United States. With an export gap of $724.   Rapeseed Oil’s highest import potential is Canada with an import gap of $471k.

See methodology.

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