Overview In March 2023, United States exported $814M and imported $642M from Ecuador, resulting in a positive trade balance of $172M. Between March 2022 and March 2023 the exports of United States have decreased by $-24.7M (-2.94%) from $839M to $814M, while imports decreased by $-165M (-20.4%) from $807M to $642M.
Trade In March 2023, the top exports of United States to Ecuador were Refined Petroleum ($213M), Soybean Meal ($42.7M), Petroleum Gas ($26.6M), Ethylene Polymers ($19.7M), and Kraft Paper ($19M). In March 2023 the top imports of United States from Ecuador were Crude Petroleum ($169M), Crustaceans ($111M), Cut Flowers ($67.7M), Refined Petroleum ($50.3M), and Bananas ($36.6M).
Origins In March 2023 the exports of United States were mainly from Louisiana ($303M), Texas ($249M), Florida ($83M), New Jersey ($30.4M), and California ($18M), while imports destinations were mainly California ($313M), Florida ($144M), New Jersey ($40.8M), Louisiana ($24.4M), and Texas ($20.7M).
Growth In March 2023, the decrease in United States's year-by-year exports to Ecuador was explained primarily by an decrease in product exports in Petroleum Gas ($-11.3M or -29.7%), Corn ($-6.44M or -98.6%), and Industrial Printers ($-2.54M or -36.9%). In March 2023, the decrease in United States's year-by-year imports from Ecuador was explained primarily by an decrease in product imports in Crude Petroleum ($-97.3M or -36.5%), Cocoa Beans ($-14.1M or -54%), and Gold ($-7.37M or -31.7%).