Ecuador natural rubber export quantities and HS Codes
In 2019 Ecuador shipped 219 tonnes of natural rubber. For the year 2019 alone, the market for Ecuador natural rubber (processed category) has decreased, with a change of -51.225 pc compared to the year 2018. Between 2017 and 2019, natural rubber's exports went down by -60.25 pc bringing the exporter US$0.32m for the year 2019. Ecuador's natural rubber exports are categorised as:
- Technically specified natural rubber "TSNR" (HS code 400122)
- Natural rubber in primary forms or in plates, sheets or strip (excluding smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised) (HS code 400129)
- Balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip (excluding natural rubber, whether or not prevulcanised) (HS code 400130)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
- Smoked sheets of natural rubber (HS code 400121)
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Ecuador natural rubber export values
In 2019, Ecuador supplied natural rubber valued at 0.32m USD, a contraction of -48.30% from 2018's total natural rubber export of 0.619m USD. The yearly reduction in value of Ecuador natural rubber between 2017 to 2018 was -37.285 percent.
The per year variation in the quantity of Ecuador's natural rubber exports between 2017 and 2019 was -60.25% compared to a variation of -51.225% in the period between 2018 and 2019.
Ecuador's stake of the world's total natural rubber's exports in 2019 was less than 1%. Ecuador is ranked number 23 in world exports of natural rubber.
Export markets for Ecuador natural rubber ( in '000$ )
Ecuador's best performing destinations for natural rubber are Peru, US, Belgium, Colombia and Chile.
Import/Export Trends
Ecuador is a net exporter of natural rubber. The annual growth of Ecuador natural rubber in value between 2015 to 2019 was -19%, per annum, while annual growth in quantity through the same period was %, per annum.
Ecuador brought in 4,345 tonnes of natural rubber in 2019.
Production
The production of natural rubber in Ecuador was 108,600 tonnes in 2019 and is forecast to change by an average of 2.61%. The country had approximately 72,535.00 hectares under natural rubber cultivation.
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Production of other produce in the Processed category in Ecuador: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea and Black Tea.
See the production of natural rubber in other countries across South America : Argentina natural rubber, Bolivia natural rubber, Brazil natural rubber, Chile natural rubber, Colombia natural rubber, Ecuador natural rubber, French Guiana natural rubber, Guyana natural rubber, Paraguay natural rubber and Peru natural rubber.