India / Ecuador

Overview In January 2024, India exported $26.5M and imported $39.3M from Ecuador, resulting in a negative trade balance of $12.7M. Between January 2023 and January 2024 the exports of India have decreased by $-3.36M (-11.3%) from $29.9M to $26.5M, while imports increased by $31.5M (406%) from $7.77M to $39.3M.

Trade In January 2024, the top exports of India to Ecuador were Motor Vehicle/Cars ($7.84M), Marine Products ($2.91M), Drug Formulations, Biologicals ($2.86M), Aluminium, Products Of Aluminm ($1.83M), and Auto Components/Parts ($1.2M). In January 2024 the top imports of India from Ecuador were Other Wood And Wood Products ($6.97M), Plywood And Allied Products ($642k), Iron And Steel ($48.6k), Floricltr Products ($36.1k), and Othr Rubber Prodct Excpt Footw ($35.8k).

Growth In January 2024, the decrease in India's year-by-year exports to Ecuador was explained primarily by an decrease in product exports in Aluminium, Products Of Aluminm ($-2.49M or -57.7%), Iron And Steel ($-2.21M or -93.6%), and Organic Chemicals ($-936k or -92.6%). In January 2024, the increase in India's year-by-year imports  from Ecuador was explained primarily by an increase in product imports  in Other Wood And Wood Products ($754k or 12.1%), Other Commodities ($27.8k or 2.78M%), and Floricltr Products ($16.7k or 85.9%).