2022
Exports
$12.9MWorld Rnk 23 / 147
Flag Rnk 80 / 1017
2022
PRODUCT COMPLEXITY IN Cocoa Powder
-0.69Rnk 755 / 1025
2022
Imports
$2.22MWorld Rnk 91 / 215
Flag Rnk 648 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $12.9M in Cocoa Powder, making it the 23rd largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 80th most exported product in Ecuador. The main destination of Cocoa Powder exports from Ecuador are: Colombia ($6.79M), Mexico ($1.81M), Chile ($1.47M), United States ($565k), and Guatemala ($458k).

The fastest growing export markets for Cocoa Powder of Ecuador between 2021 and 2022 were Mexico ($1.78M), Colombia ($1.26M), and Chile ($375k).

Imports In 2022, Ecuador imported $2.22M in Cocoa Powder, becoming the 91st largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 648th most imported product in Ecuador. Ecuador imports Cocoa Powder primarily from: Peru ($1.17M), Colombia ($780k), Netherlands ($83.4k), Spain ($69.4k), and Indonesia ($39.7k).

The fastest growing import markets in Cocoa Powder for Ecuador between 2021 and 2022 were Peru ($287k), Colombia ($252k), and Spain ($68.1k).

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-201k(-22.8%)
IMPORT GROWTH (December 2020 - December 2021)$-105k(-44.6%)
MAIN DESTINATION (December 2021)Colombia$314k

This section shows Cocoa Powder'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 Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.9M
IMPORTS (2022)$2.22M
NET TRADE (2022)$10.7M

In 2022, Ecuador exported $12.9M in Cocoa Powder. The main destinations of Ecuador exports on Cocoa Powder were Colombia ($6.79M), Mexico ($1.81M), Chile ($1.47M), United States ($565k), and Guatemala ($458k).

In 2022, Ecuador imported $2.22M in Cocoa Powder, mainly from Peru ($1.17M), Colombia ($780k), Netherlands ($83.4k), Spain ($69.4k), and Indonesia ($39.7k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Powder EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Mexico$1.78M (5.92k%)
Colombia$1.26M (22.7%)
Chile$375k (34.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Powder BY Ecuador WERE (2021 - 2022):
Venezuela-$460k (-100%)
Australia-$225k (-62.8%)
Russia-$223k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Cocoa Powder were:
In 2022, Ecuador's main importing competitors in Cocoa Powder were:

Explore Visualizations

Trade Value of Cocoa Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $943k
TOP IMPORT POTENTIALNetherlands+ $126k

Cocoa Powder’s highest export potential is United States. With an export gap of $943k.   Cocoa Powder’s highest import potential is Netherlands with an import gap of $126k.

See methodology.

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