Ecuador linseed oil export quantities

In 2019 Ecuador exported 33 tonnes of linseed oil. For 2019 alone, the interest in Ecuador linseed oil (processed category) has escalated, flactuating by 1550 pc compared to the year 2018. Between 2017 and 2019, linseed oil's exports went down by -46.77 pc earning the nation US$0.06m for the year 2019. Ecuador's linseed oil exports are classified as:

  • Linseed oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151519)
  • Crude linseed oil (HS code 151511)

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Ecuador linseed oil export values

In 2019, Ecuador sold linseed oil valued at 0.06m USD, an increment of 233.33% from 2018's total linseed oil export of 0.018m USD. The yearly change in value of Ecuador linseed oil between 2017 to 2018 was 200%.

The annual change in the volume of Ecuador's linseed oil exports between 2017 and 2019 was -46.77% compared to a variation of 1550% in the period between 2018 and 2019.

Ecuador's share of the world's total linseed oil's exports in 2019 was less than 1%. Ecuador holds position 56 in world exports of linseed oil.

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

Ecuador's top destinations for linseed oil are US, the Netherlands, France, Canada and Peru.

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Import/Export Trends

Ecuador is a net exporter of linseed oil. The annual growth of Ecuador linseed oil in value between 2015 to 2019 was -50%, per annum, while annual growth in quantity through the same period was -48%, per annum.

Ecuador procured 42 tonnes of linseed oil in 2019.