Ecuador’s Tapioca Starch Trade: Analyzing Exports, Imports, and Tariffs

Tapioca starch holds a significant position in Ecuador’s international trade, with the country actively participating in both exports and imports of this versatile product.

Ecuador’s Tapioca Starch Exports

In 2021, Ecuador exported $83.3k worth of tapioca starch, ranking as the 46th largest exporter of this product globally. However, within Ecuador itself, tapioca starch stood at the 987th position among the most exported goods.

Ecuador’s primary destinations for tapioca starch exports are as follows: the Netherlands, accounting for $38.6k worth of exports, Belgium with $18.2k, Peru with $13.2k, the United States with $11.8k, and Czechia with $1.42k. These countries represent the core customer base for Ecuador’s tapioca starch, highlighting its global reach and market demand.

Between 2020 and 2021, Ecuador witnessed significant growth in its export of tapioca starch to specific countries. The fastest-growing markets during this period were the Netherlands, experiencing an increase of $38.6k, followed by Belgium with $18.2k, and Peru with $13.2k. These figures underscore the expanding demand and market potential for Ecuadorian tapioca starch in these regions.

ContinentCountryTrade Value
North AmericaCanada148
North AmericaUnited States11,768
South AmericaPeru13,214
Table: Where Does Ecuador Export Its Tapioca Starch (2021)

Ecuador’s Tapioca Starch Imports

In 2021, Ecuador’s tapioca starch imports reached a value of $964k, positioning the country as the 45th largest importer of this product worldwide. Within Ecuador, tapioca starch ranked 1746th among the most imported goods.

Paraguay emerged as the largest supplier to Ecuador, accounting for $575k worth of imports, followed by Nicaragua with $171k, Brazil with $132k, Colombia with $54.5k, and the United States with $31.2k. These countries play a crucial role in meeting Ecuador’s tapioca starch demands.

Ecuador experienced notable growth in tapioca starch imports from specific markets between 2020 and 2021. The fastest-growing import markets during this period were Paraguay, witnessing an increase of $197k, followed by Brazil with $54.1k, and the United States with $31.2k. These figures highlight the rising reliance on tapioca starch imports from these countries to fulfill Ecuador’s requirements.

ContinentCountryTrade Value
North AmericaNicaragua171,381
North AmericaUnited States31,209
South AmericaBrazil131,575
South AmericaColombia54,466
South AmericaParaguay575,384
Table: Where Does Ecuador Import Its Tapioca Starch (2021)

Tariffs on Tapioca Starch

In 2018, Ecuador imposed an average tariff of 19.2% on tapioca starch imports. Several countries implemented higher import tariffs for this product, including Angola, Burundi, Benin, Burkina Faso, and Botswana, all of which levied a 20% Most Favoured Nation duty rate treatment. These tariffs influence the dynamics of tapioca starch trade and impact the cost of imported tapioca starch in Ecuador.

Data from BACI