Sign In
Pricing

2022
Exports $7.66MWorld Rnk 57 / 152
Flag Rnk 103 / 1017
2022
Destination $2.79M Colombia
2021 - 2022
FASTEST GROWING MARKET $2.79MSenegal
2022
PRODUCT COMPLEXITY IN Seed Oils-0.99Rnk 836 / 1025
2022
Imports $109MWorld Rnk 39 / 211
Flag Rnk 47 / 1175
2022
Origin $20.2M Bolivia
2021 - 2022
FASTEST GROWING ORIGIN $20.2MBolivia
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $7.66M in Seed Oils, making it the 57th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 103rd most exported product in Ecuador. The main destination of Seed Oils exports from Ecuador are: Colombia ($4.22M), Senegal ($2.79M), Venezuela ($268k), Spain ($156k), and Panama ($126k).

The fastest growing export markets for Seed Oils of Ecuador between 2021 and 2022 were Senegal ($2.79M), Venezuela ($268k), and Spain ($156k).

Imports In 2022, Ecuador imported $109M in Seed Oils, becoming the 39th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 47th most imported product in Ecuador. Ecuador imports Seed Oils primarily from: Bolivia ($98.2M), Argentina ($5.62M), Uruguay ($2.19M), Italy ($1.15M), and Colombia ($521k).

The fastest growing import markets in Seed Oils for Ecuador between 2021 and 2022 were Bolivia ($20.2M), Argentina ($3.18M), and Uruguay ($2.19M).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Seed Oils exports accounted up to $308k and imports accounted up to $4.16M, resulting in a negative trade balance of $3.85M. Between December 2020 and December 2021 the exports of Ecuador's   Seed Oils have increased by $152k (97.8%) from $156k to $308k, while imports increased by $2.29M (123%) from $1.87M to $4.16M.

Destinations In December 2021, Seed Oils were exported mostly to Colombia ($308k) and Rest of the world ($346), and were imported mostly from Bolivia ($3.66M), Ukraine ($192k), Italy ($158k), Argentina ($148k), and Spain ($2.09k).

Growth In December 2021, the increase in Seed Oils's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Seed Oils's year-by-year imports was explained primarily by an increase in imports from Bolivia ($5.98M or 557%) and Ecuador ($38.1k or 1.25k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$152k(97.8%)
IMPORT GROWTH (December 2020 - December 2021)$2.29M(123%)
MAIN DESTINATION (December 2021)Colombia$308k

This section shows Seed Oils's exports and imports data at subnational level for Ecuador. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Seed Oils over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$7.66M
IMPORTS (2022)$109M
NET TRADE (2022)-$101M

In 2022, Ecuador exported $7.66M in Seed Oils. The main destinations of Ecuador exports on Seed Oils were Colombia ($4.22M), Senegal ($2.79M), Venezuela ($268k), Spain ($156k), and Panama ($126k).

In 2022, Ecuador imported $109M in Seed Oils, mainly from Bolivia ($98.2M), Argentina ($5.62M), Uruguay ($2.19M), Italy ($1.15M), and Colombia ($521k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Senegal$2.79M (1%)
Venezuela$268k (1%)
Spain$156k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Ecuador WERE (2021 - 2022):
Colombia-$2.55M (-37.7%)
El Salvador-$23 (-100%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Ecuador's main importing competitors in Seed Oils were:
India $2.88B
Turkey $1.84B
Netherlands $1.26B

Explore Visualizations

Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $237k
TOP IMPORT POTENTIALItaly+ $481k

Seed Oils’s highest export potential is Spain. With an export gap of $237k.   Seed Oils’s highest import potential is Italy with an import gap of $481k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms