Overview In December 2021, Ecuador exported $79.5M and imported $159M from Colombia, resulting in a negative trade balance of $79.2M. Between December 2020 and December 2021 the exports of Ecuador have increased by $13.4M (20.3%) from $66.1M to $79.5M, while imports increased by $19M (13.6%) from $140M to $159M.
Trade In December 2021, the top exports of Ecuador to Colombia were Processed Fish ($12.6M), Particle Board ($11.4M), Palm Oil ($7.03M), Crustaceans ($5.28M), and Rice ($5.15M). In December 2021 the top imports of Ecuador from Colombia were Packaged Medicaments ($9.09M), Pesticides ($8.05M), Cars ($7.5M), Delivery Trucks ($6.07M), and Insulated Wire ($4.33M).
Origins In December 2021 the exports of Ecuador were mainly from Tulcán ($64.5M), Guayaquil-Marítimo ($14.1M), Quito ($873k), and Guayaquil-Aéreo ($57.3k), while imports destinations were mainly Tulcán ($102M), Guayaquil-Marítimo ($43.4M), Quito ($11.1M), Guayaquil-Aéreo ($1.61M), and Puerto Bolívar ($147k).
Growth In December 2021, the increase in Ecuador's year-by-year exports to Colombia was explained primarily by an increase in product exports in Processed Fish ($1.36M or 13.4%), Aircraft Parts ($1.07M or 805%), and Other Uncoated Paper ($893k or 607%). In December 2021, the increase in Ecuador's year-by-year imports from Colombia was explained primarily by an increase in product imports in Blank Audio Media ($1.34M or 211%), Propylene Polymers ($990k or 88.5%), and Insulated Wire ($955k or 59.8%).