Overview In August 2021 Spain exported €39.9M and imported €77.6M from Ecuador, resulting in a negative trade balance of €37.6M. Between August 2020 and August 2021 the exports of Spain have increased by €13M (48.4%) from €26.9M to €39.9M, while imports increased by €29.4M (61%) from €48.2M to €77.6M.
Trade In August 2021, the top exports of Spain to Ecuador were Non-fillet Frozen Fish (€3.65M), Industrial Food Preperation Machinery (€3.37M), Unglazed Ceramics (€1.92M), Metal Stoppers (€1.29M), and Navigation Equipment (€1.27M). In August 2021 the top imports of Spain from Ecuador were Crustaceans (€36.8M), Processed Fish (€27.3M), Non-fillet Frozen Fish (€2.74M), Cut Flowers (€2.41M), and Palm Oil (€2.14M).
Origins In August 2021 the exports of Spain were mainly from Barcelona (€12.8M), Cádiz (€3.49M), Madrid (€2.96M), Castellón (€2.65M), and Valencia (€2.44M), while imports destinations were mainly Pontevedra (€28.6M), La Coruña (€9.34M), Burgos (€6.4M), Barcelona (€5.5M), and Vizcaya (€5.26M).
Growth In August 2021, the increase in Spain's year-by-year exports to Ecuador was explained primarily by an increase in product exports in Industrial Food Preperation Machinery (€3.14M or 1.36k%), Non-fillet Frozen Fish (€2.65M or 264%), and Unglazed Ceramics (€1.16M or 154%). In August 2021, the increase in Spain's year-by-year imports from Ecuador was explained primarily by an increase in product imports in Processed Fish (€13.6M or 98.4%), Crustaceans (€12.2M or 49.6%), and Non-fillet Frozen Fish (€2.43M or 800%).