Cocoa Butter in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $27.2M in Cocoa Butter, making it the 20th largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 56th most exported product in Ecuador. The main destination of Cocoa Butter exports from Ecuador are: United States ($11.6M), Peru ($8.44M), Netherlands ($1.59M), Germany ($1.42M), and Argentina ($1.2M).

The fastest growing export markets for Cocoa Butter of Ecuador between 2021 and 2022 were United States ($8.53M), Peru ($1.41M), and Argentina ($1.06M).

Imports In 2022, Ecuador imported $204k in Cocoa Butter, becoming the 92nd largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 965th most imported product in Ecuador. Ecuador imports Cocoa Butter primarily from: Brazil ($203k) and United States ($613).

The fastest growing import markets in Cocoa Butter for Ecuador between 2021 and 2022 were Brazil ($35.4k).

Latest Trends

December 2021

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Overview In December 2021 Ecuador's Cocoa Butter exports accounted up to $1.72M and imports accounted up to $11.8k, resulting in a positive trade balance of $1.71M. Between December 2020 and December 2021 the exports of Ecuador's Cocoa Butter have decreased by $-178k (-9.36%) from $1.9M to $1.72M, while imports increased by $11.4k (2.79k%) from $409 to $11.8k.

Destinations In December 2021, Cocoa Butter were exported mostly to Netherlands ($733k), Peru ($600k), Estonia ($172k), Mexico ($92k), and United States ($62k), and were imported mostly from .

Growth In December 2021, the decrease in Cocoa Butter's year-by-year exports was explained primarily by a decrease in exports to United States ($-676k or -86.4%), Netherlands ($-254k or -54.1%), and Peru ($-199k or -25.6%). In November 2021, the increase in Cocoa Butter's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2020 - December 2021)$-178k(-9.36%)

IMPORT GROWTH (July 2017 - November 2021)$11.4k(2.79k%)

MAIN DESTINATION (December 2021)Netherlands$733k

This section shows Cocoa Butter's exports and imports data at subnational level for Ecuador. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cocoa Butter over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$27.2M

IMPORTS (2022)$204k

NET TRADE (2022)$27M

In 2022, Ecuador exported $27.2M in Cocoa Butter. The main destinations of Ecuador exports on Cocoa Butter were United States ($11.6M), Peru ($8.44M), Netherlands ($1.59M), Germany ($1.42M), and Argentina ($1.2M).

In 2022, Ecuador imported $204k in Cocoa Butter, mainly from Brazil ($203k) and United States ($613).

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