Cement in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $32.1M in Cement, making it the 66th largest exporter of Cement in the world. At the same year, Cement was the 50th most exported product in Ecuador. The main destination of Cement exports from Ecuador are: Peru ($19M), Chile ($8.35M), Nicaragua ($4.17M), Colombia ($522k), and Spain ($1.37k).

The fastest growing export markets for Cement of Ecuador between 2021 and 2022 were Peru ($9.2M), Nicaragua ($2.6M), and Spain ($956).

Imports In 2022, Ecuador imported $6.97M in Cement, becoming the 142nd largest importer of Cement in the world. At the same year, Cement was the 437th most imported product in Ecuador. Ecuador imports Cement primarily from: N/A.

The fastest growing import markets in Cement for Ecuador between 2021 and 2022 were Turkey ($1.37M), Egypt ($581k), and Colombia ($550k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Cement exports accounted up to $1.29M and imports accounted up to $475k, resulting in a positive trade balance of $811k. Between December 2020 and December 2021 the exports of Ecuador's Cement have decreased by $-3.51M (-73.2%) from $4.8M to $1.29M, while imports increased by $194k (69.1%) from $281k to $475k.

Destinations In December 2021, Cement were exported mostly to Chile ($1.29M), and were imported mostly from Germany ($194k), Colombia ($152k), Mexico ($98k), United States ($23.1k), and Peru ($7.98k).

Growth In December 2021, the decrease in Cement's year-by-year exports was explained primarily by a decrease in exports to Colombia ($-414k or -53.8%) and Chile ($-34.5k or -2.89%). In December 2021, the increase in Cement's year-by-year imports was explained primarily by an increase in imports from Peru ($20.3k or 62.7%), Mexico ($14.1k or 13.2%), and Turkey ($1.22k or 9.52%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2020 - December 2021)$-3.51M(-73.2%)

IMPORT GROWTH (December 2020 - December 2021)$194k(69.1%)

MAIN DESTINATION (December 2021)Chile$1.29M

This section shows Cement'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 Cement over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$32.1M

IMPORTS (2022)$6.97M

NET TRADE (2022)$25.1M

In 2022, Ecuador exported $32.1M in Cement. The main destinations of Ecuador exports on Cement were Peru ($19M), Chile ($8.35M), Nicaragua ($4.17M), Colombia ($522k), and Spain ($1.37k).

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