Sign In
Pricing

2022
Exports $249kWorld Rnk 93 / 135
Flag Rnk 443 / 1017
2022
Destination $11.8k Colombia
2021 - 2022
FASTEST GROWING MARKET $11.8kTrinidad and Tobago
2022
PRODUCT COMPLEXITY IN Soybean Oil-0.93Rnk 821 / 1025
2022
Imports $339MWorld Rnk 11 / 215
Flag Rnk 13 / 1175
2022
Origin $119M Bolivia
2021 - 2022
FASTEST GROWING ORIGIN $119MBolivia
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $249k in Soybean Oil, making it the 93rd largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 443rd most exported product in Ecuador. The main destination of Soybean Oil exports from Ecuador are: Colombia ($238k), Trinidad and Tobago ($11.8k), and Germany ($11).

The fastest growing export markets for Soybean Oil of Ecuador between 2021 and 2022 were Trinidad and Tobago ($11.8k) and Germany ($11).

Imports In 2022, Ecuador imported $339M in Soybean Oil, becoming the 11th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 13th most imported product in Ecuador. Ecuador imports Soybean Oil primarily from: Bolivia ($290M), Colombia ($37.6M), Argentina ($10.4M), Brazil ($860k), and United States ($164k).

The fastest growing import markets in Soybean Oil for Ecuador between 2021 and 2022 were Bolivia ($119M), Argentina ($5.94M), and Brazil ($656k).

Latest Trends

November 2021

About

Overview In November 2021 Ecuador's Soybean Oil exports accounted up to $326k and imports accounted up to $13.2M, resulting in a negative trade balance of $12.9M. Between November 2016 and November 2021 the exports of Ecuador's   Soybean Oil have increased by $323k (15.6k%) from $2.08k to $326k, while imports increased by $7.62M (137%) from $5.57M to $13.2M.

Destinations In November 2021, Soybean Oil were exported mostly to , and were imported mostly from Bolivia ($13.2M), United States ($4.43k), and Ecuador ($262).

Growth In November 2021, the increase in Soybean Oil's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Soybean Oil's year-by-year imports was explained primarily by an increase in imports from Bolivia ($11.1M or 309%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2016 - November 2021)$323k(15.6k%)
IMPORT GROWTH (December 2020 - December 2021)$7.62M(137%)
MAIN DESTINATION (November 2021)

This section shows Soybean Oil'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 Soybean Oil 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)$249k
IMPORTS (2022)$339M
NET TRADE (2022)-$339M

In 2022, Ecuador exported $249k in Soybean Oil. The main destinations of Ecuador exports on Soybean Oil were Colombia ($238k), Trinidad and Tobago ($11.8k), and Germany ($11).

In 2022, Ecuador imported $339M in Soybean Oil, mainly from Bolivia ($290M), Colombia ($37.6M), Argentina ($10.4M), Brazil ($860k), and United States ($164k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Trinidad and Tobago$11.8k (1%)
Germany$11 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Ecuador WERE (2021 - 2022):
Colombia-$876k (-78.7%)
American Samoa-$739k (-100%)
Panama-$58.3k (-100%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Soybean Oil were:
Argentina $6.79B
Brazil $3.99B
United States $1.06B
In 2022, Ecuador's main importing competitors in Soybean Oil were:
India $6.49B
Bangladesh $948M
Morocco $775M

Explore Visualizations

Trade Value of Soybean Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $201k
TOP IMPORT POTENTIALBrazil+ $2.23M

Soybean Oil’s highest export potential is Colombia. With an export gap of $201k.   Soybean Oil’s highest import potential is Brazil with an import gap of $2.23M.

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