Ecuador / Costa Rica

Overview In December 2021, Ecuador exported $1.13M and imported $3.47M from Costa Rica, resulting in a negative trade balance of $2.34M. Between December 2020 and December 2021 the exports of Ecuador have decreased by $-2.1M (-65%) from $3.24M to $1.13M, while imports decreased by $-114k (-3.18%) from $3.58M to $3.47M.

Trade In December 2021, the top exports of Ecuador to Costa Rica were Bananas ($349k), Packaged Medicaments ($147k), Delivery Trucks ($131k), Gelatin ($114k), and Iron Stovetops ($109k). In December 2021 the top imports of Ecuador from Costa Rica were Packaged Medicaments ($1.99M), Scrap Iron ($568k), Pesticides ($209k), Low-voltage Protection Equipment ($198k), and Other Edible Preparations ($175k).

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($926k), Quito ($103k), Puerto Bolívar ($79.4k), and Guayaquil-Aéreo ($23.3k), while imports destinations were mainly Guayaquil-Marítimo ($2.8M), Quito ($420k), and Guayaquil-Aéreo ($242k).

Growth In December 2021, the decrease in Ecuador's year-by-year exports to Costa Rica was explained primarily by an decrease in product exports in Processed Fish ($-878k or -92.3%), Iron Wire ($-261k or -75.1%), and Non-fillet Frozen Fish ($-232k or -90%). In December 2021, the decrease in Ecuador's year-by-year imports  from Costa Rica was explained primarily by an decrease in product imports  in Low-voltage Protection Equipment ($-276k or -58.2%), Medical Instruments ($-138k or -73.2%), and Other Plastic Products ($-36.1k or -93.7%).