Ecuador / Paraguay

Overview In December 2021, Ecuador exported $646k and imported $1.75M from Paraguay, resulting in a negative trade balance of $1.11M. Between December 2020 and December 2021 the exports of Ecuador have increased by $306k (89.8%) from $340k to $646k, while imports increased by $63.1k (3.74%) from $1.69M to $1.75M.

Trade In December 2021, the top exports of Ecuador to Paraguay were Cut Flowers ($132k), Processed Fish ($42.2k), Packaged Medicaments ($36.8k), Shaped Paper ($12.6k), and Other Processed Vegetables ($7.57k). In December 2021 the top imports of Ecuador from Paraguay were Packaged Medicaments ($1.19M), Rapeseed Oil ($163k), Aluminium Cans ($139k), Starches ($34.7k), and Other Uncoated Paper ($28.3k).

Origins In December 2021 the exports of Ecuador were mainly from Quito ($320k), Guayaquil-Marítimo ($302k), and Guayaquil-Aéreo ($24k), while imports destinations were mainly Quito ($992k), Guayaquil-Marítimo ($754k), and Guayaquil-Aéreo ($4.17k).

Growth In December 2021, the increase in Ecuador's year-by-year exports to Paraguay was explained primarily by an increase in product exports in Packaged Medicaments ($8.95k or 32.1%), Other Processed Vegetables ($5.69k or 303%), and Other Processed Fruits and Nuts ($4.93k or 570%). In December 2021, the increase in Ecuador's year-by-year imports  from Paraguay was explained primarily by an increase in product imports  in Packaged Medicaments ($1.18M or 6.2k%), Rapeseed Oil ($22.8k or 16.2%), and Starches ($8.46k or 32.2%).