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2022
Exports $32.1MWorld Rnk 66 / 170
Flag Rnk 50 / 1017
2022
Destination $9.2M Peru
2021 - 2022
FASTEST GROWING MARKET $9.2MPeru
2022
PRODUCT COMPLEXITY IN Cement-1.46Rnk 943 / 1025
2022
Imports $6.97MWorld Rnk 142 / 224
Flag Rnk 437 / 1175
2022
Origin $1.37M Germany
2021 - 2022
FASTEST GROWING ORIGIN $1.37MTurkey
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

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: Germany ($2.32M), Turkey ($1.91M), Egypt ($810k), Colombia ($797k), and Peru ($417k).

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
Flow
Color
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
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).

In 2022, Ecuador imported $6.97M in Cement, mainly from Germany ($2.32M), Turkey ($1.91M), Egypt ($810k), Colombia ($797k), and Peru ($417k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cement EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Peru$9.2M (93.4%)
Nicaragua$2.6M (165%)
Spain$956 (231%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement BY Ecuador WERE (2021 - 2022):
Chile-$7.34M (-46.8%)
Colombia-$4.14M (-88.8%)
Costa Rica-$457k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Cement were:
Turkey $1.76B
Vietnam $1.54B
United Arab Emirates $643M
In 2022, Ecuador's main importing competitors in Cement were:
United States $2.28B
Bangladesh $688M
Kuwait $632M

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Trade Value of Cement by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $99k
TOP IMPORT POTENTIALColombia+ $419k

Cement’s highest export potential is Colombia. With an export gap of $99k.   Cement’s highest import potential is Colombia with an import gap of $419k.

See methodology.

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