Overview In April 2021 Ecuador exported $2.61M and imported $1.71M from Nicaragua, resulting in a positive trade balance of $901k. Between April 2020 and April 2021 the exports of Ecuador have increased by $1.24M (91.3%) from $1.36M to $2.61M, while imports increased by $1.57M (1.11k%) from $141k to $1.71M.
Trade In April 2021, the top exports of Ecuador to Nicaragua were Raw Tobacco ($885k), Iron Stovetops ($544k), Liquid Pumps ($237k), Electrical Transformers ($215k), and Animal Food ($187k). In April 2021 the top imports of Ecuador from Nicaragua were Scrap Iron ($1.6M), Other Inedible Animal Products ($79.3k), Recovered Paper ($22.7k), Knit T-shirts ($245), and Non-Knit Men's Shirts ($132).
Origins In April 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($2.47M) and Quito ($138k), while imports destinations were mainly Guayaquil-Marítimo ($1.63M), Manta ($79.3k), Quito ($259), and Guayaquil-Aéreo ($21.7).
Growth In April 2021, the increase in Ecuador's year-by-year exports to Nicaragua was explained primarily by an increase in product exports in Iron Stovetops ($483k or 788%), Animal Food ($128k or 218%), and Cut Flowers ($84.6k or 324%). In April 2021, the increase in Ecuador's year-by-year imports from Nicaragua was explained primarily by an increase in product imports in Scrap Iron ($1.49M or 1.3k%) and Recovered Paper ($10.2k or 81.1%).