Ecuador / India

Overview In December 2021, Ecuador exported $8.8M and imported $42.9M from India, resulting in a negative trade balance of $34.1M. Between December 2020 and December 2021 the exports of Ecuador have decreased by $-300k (-3.3%) from $9.1M to $8.8M, while imports increased by $20.1M (88.1%) from $22.8M to $42.9M.

Trade In December 2021, the top exports of Ecuador to India were Rough Wood ($3.42M), Other Wood Articles ($517k), Sawn Wood ($400k), Cocoa Beans ($382k), and Scrap Iron ($123k). In December 2021 the top imports of Ecuador from India were Cars ($4.43M), Packaged Medicaments ($2.49M), Motorcycles and cycles ($1.5M), Pesticides ($1.06M), and Liquid Fuel Furnaces ($637k).

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Aéreo ($4.58M), Guayaquil-Marítimo ($4.17M), and Quito ($53.3k), while imports destinations were mainly Guayaquil-Marítimo ($35.9M), Quito ($2.93M), Manta ($2.38M), Guayaquil-Aéreo ($1.01M), and Tulcán ($366k).

Growth In December 2021, the decrease in Ecuador's year-by-year exports to India was explained primarily by an decrease in product exports in Other Wood Articles ($-1.56M or -75.1%), Scrap Aluminium ($-417k or -89.9%), and Mate ($-77.8k or -43.8%). In December 2021, the increase in Ecuador's year-by-year imports  from India was explained primarily by an increase in product imports  in Cars ($3.02M or 213%), Motorcycles and cycles ($425k or 39.5%), and Heavy Mixed Woven Cotton ($234k or 96.7%).