Ecuador cottonseed oil export quantities

In 2019 Ecuador sold 1,698 tonnes of cottonseed oil. In 2019 alone, the market for Ecuador cottonseed oil (processed category) has climbed, changing by 67.953 percent compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports went up by 1615.15 pc earning the exporter US$2.16m for the year 2019. Ecuador's cottonseed oil exports are categorised as:

  • Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
  • Crude cotton-seed oil (HS code 151221)
  • Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)

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Ecuador cottonseed oil export values

In 2019, Ecuador exported cottonseed oil worth 2.16m USD, an increase of 68.88% from 2018's total cottonseed oil export of 1.279m USD. The yearly growth in value of Ecuador cottonseed oil between 2017 to 2018 was 861.654%.

The yearly change in the amount of Ecuador's cottonseed oil exports between 2017 and 2019 was 1615.15% in comparison to a variation of 67.953% in the period between 2018 and 2019.

Ecuador's stake of the world's total cottonseed oil's exports in 2019 was 21 percent. The country holds position 2 in world exports of cottonseed oil.

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Export markets for Ecuador cottonseed oil ( in '000$ )

Ecuador's best performing destinations for cottonseed oil are US.

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Import/Export Trends

Ecuador is a net exporter of cottonseed oil. The annual growth of Ecuador cottonseed oil in value between 2015 to 2019 was 17%, per year, while annual growth in quantity through the same period was 21%, per annum.

Ecuador imported 3,696 tonnes of cottonseed oil in 2019.