Ecuador / Panama

Overview In December 2021, Ecuador exported $3.96M and imported $4.19M from Panama, resulting in a negative trade balance of $234k. Between December 2020 and December 2021 the exports of Ecuador have decreased by $-340k (-7.9%) from $4.3M to $3.96M, while imports increased by $1.5M (56%) from $2.69M to $4.19M.

Trade In December 2021, the top exports of Ecuador to Panama were Processed Fish ($756k), Packaged Medicaments ($669k), Other Edible Preparations ($411k), Iron Stovetops ($203k), and Paper Notebooks ($197k). In December 2021 the top imports of Ecuador from Panama were Scrap Vessels ($738k), Telephones ($242k), Scrap Aluminium ($124k), Other Inedible Animal Products ($87.3k), and Synthetic Filament Yarn Woven Fabric ($72.1k).

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($3.66M), Quito ($203k), Manta ($58.4k), and Guayaquil-Aéreo ($37.6k), while imports destinations were mainly Guayaquil-Marítimo ($3.55M), Quito ($338k), Manta ($159k), and Guayaquil-Aéreo ($145k).

Growth In December 2021, the decrease in Ecuador's year-by-year exports to Panama was explained primarily by an decrease in product exports in Particle Board ($-158k or -56.5%), Glues ($-69.2k or -100%), and Paper Notebooks ($-51.2k or -20.6%). In December 2021, the increase in Ecuador's year-by-year imports  from Panama was explained primarily by an increase in product imports  in Scrap Vessels ($535k or 265%), Motor vehicles; parts and accessories (8701... ($44.4k or 6.41k%), and Commodities not elsewhere specified ($40.5k or 351%).