Canada / Ecuador

Overview In June 2024, Canada exported C$7.58M and imported C$67.9M from Ecuador, resulting in a negative trade balance of C$60.4M. Between June 2023 and June 2024 the exports of Canada have decreased by C$-58M (-88.4%) from C$65.6M to C$7.58M, while imports decreased by C$-33.9M (-33.3%) from C$102M to C$67.9M.

Trade In June 2024, the top exports of Canada to Ecuador were Wheat (C$37.7M), Dried Legumes (C$1.66M), Commodities not elsewhere specified (C$768k), Newsprint (C$480k), and Electrical Control Boards (C$351k). In June 2024 the top imports of Canada from Ecuador were Precious Metal Ore (C$21.3M), Bananas (C$9.4M), Cocoa Beans (C$8.42M), Crustaceans (C$3.66M), and Cut Flowers (C$3.65M).

Origins In June 2024 the exports of Canada were mainly from Ontario (C$2.63M), Quebec (C$1.82M), Alberta (C$1.14M), Saskatchewan (C$705k), and Prince Edward Is. (C$390k), while imports destinations were mainly Quebec (C$49.2M), Ontario (C$11.1M), British Columbia (C$4.39M), Alberta (C$1.3M), and New Brunswick (C$836k).

Growth In June 2024, the decrease in Canada's year-by-year exports to Ecuador was explained primarily by an decrease in product exports in Peat (C$-2.53M or -94.1%), Other Uncoated Paper (C$-774k or -75.2%), and Dried Legumes (C$-609k or -26.9%). In June 2024, the decrease in Canada's year-by-year imports  from Ecuador was explained primarily by an decrease in product imports  in Crustaceans (C$-1.54M or -29.6%), Other Fruits (C$-628k or -52.6%), and Frozen Fruits and Nuts (C$-155k or -82%).