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Pricing

2022
Exports $82.4MWorld Rnk 11 / 105
Flag Rnk 29 / 1017
2022
Destination $3.95M United States
2021 - 2022
FASTEST GROWING MARKET $3.95MCanada
2022
PRODUCT COMPLEXITY IN Cocoa Paste-0.8Rnk 779 / 1025
2022
Imports $53.8kWorld Rnk 108 / 169
Flag Rnk 1057 / 1175
2022
Origin $24.6k Colombia
2021 - 2022
FASTEST GROWING ORIGIN $24.6kColombia
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $82.4M in Cocoa Paste, making it the 11th largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 29th most exported product in Ecuador. The main destination of Cocoa Paste exports from Ecuador are: United States ($30.2M), Canada ($9.25M), Argentina ($8.32M), Chile ($8.08M), and Japan ($6.44M).

The fastest growing export markets for Cocoa Paste of Ecuador between 2021 and 2022 were Canada ($3.95M), Brazil ($2.24M), and United States ($1.95M).

Imports In 2022, Ecuador imported $53.8k in Cocoa Paste, becoming the 108th largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 1057th most imported product in Ecuador. Ecuador imports Cocoa Paste primarily from: Colombia ($29.8k), Peru ($24k), and Spain ($17).

The fastest growing import markets in Cocoa Paste for Ecuador between 2021 and 2022 were Colombia ($24.6k), Peru ($24k), and Spain ($17).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Cocoa Paste exports accounted up to $5.45M and imports accounted up to $5.52k, resulting in a positive trade balance of $5.45M. Between December 2020 and December 2021 the exports of Ecuador's   Cocoa Paste have decreased by $-1.06M (-16.3%) from $6.52M to $5.45M, while imports increased by $1.1k (24.9%) from $4.42k to $5.52k.

Destinations In December 2021, Cocoa Paste were exported mostly to United States ($1.42M), Argentina ($809k), Chile ($725k), Canada ($652k), and Japan ($614k), and were imported mostly from .

Growth In December 2021, the decrease in Cocoa Paste's year-by-year exports was explained primarily by a decrease in exports to Chile ($-367k or -39.8%), Peru ($-233k or -36.9%), and China ($-20.9k or -12.1%). In October 2021, the increase in Cocoa Paste's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-1.06M(-16.3%)
IMPORT GROWTH (March 2018 - October 2021)$1.1k(24.9%)
MAIN DESTINATION (December 2021)United States$1.42M

This section shows Cocoa Paste'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 Paste over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$82.4M
IMPORTS (2022)$53.8k
NET TRADE (2022)$82.3M

In 2022, Ecuador exported $82.4M in Cocoa Paste. The main destinations of Ecuador exports on Cocoa Paste were United States ($30.2M), Canada ($9.25M), Argentina ($8.32M), Chile ($8.08M), and Japan ($6.44M).

In 2022, Ecuador imported $53.8k in Cocoa Paste, mainly from Colombia ($29.8k), Peru ($24k), and Spain ($17).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Paste EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Canada$3.95M (74.7%)
Brazil$2.24M (265%)
United States$1.95M (6.93%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste BY Ecuador WERE (2021 - 2022):
Argentina-$1.18M (-12.5%)
Dominican Republic-$1.03M (-90.1%)
Peru-$553k (-11.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Cocoa Paste were:
Cote d'Ivoire $1.08B
Netherlands $685M
Ghana $450M
In 2022, Ecuador's main importing competitors in Cocoa Paste were:
United States $489M
Netherlands $443M
Germany $329M

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Trade Value of Cocoa Paste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.18M
TOP IMPORT POTENTIALPeru+ $15.2k

Cocoa Paste’s highest export potential is United States. With an export gap of $2.18M.   Cocoa Paste’s highest import potential is Peru with an import gap of $15.2k.

See methodology.

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