NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $153MWorld Rnk 23 / 186
Flag Rnk 15 / 1002
2023
Destination $13.5M Germany
2022 - 2023
FASTEST GROWING MARKET $13.5MPoland
2023
PRODUCT COMPLEXITY IN Coffee and Tea Extracts-0.47Rnk 687 / 1025
2023
Imports $42.1MWorld Rnk 59 / 223
Flag Rnk 117 / 1173
2023
Origin $10.7M Colombia
2022 - 2023
FASTEST GROWING ORIGIN $10.7MBrazil
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $153M in Coffee and Tea Extracts, making it the 23rd largest exporter of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 15th most exported product in Ecuador. The main destination of Coffee and Tea Extracts exports from Ecuador are: Germany ($41.7M), Poland ($29.4M), Russia ($19.1M), Peru ($10.9M), and Colombia ($8.65M).

The fastest growing export markets for Coffee and Tea Extracts of Ecuador between 2022 and 2023 were Poland ($13.5M), Germany ($6.72M), and Spain ($5.98M).

Imports In 2023, Ecuador imported $42.1M in Coffee and Tea Extracts, becoming the 59th largest importer of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 117th most imported product in Ecuador. Ecuador imports Coffee and Tea Extracts primarily from: Colombia ($21.1M), Brazil ($14.4M), United Kingdom ($2.37M), Malaysia ($1.48M), and United States ($1.1M).

The fastest growing import markets in Coffee and Tea Extracts for Ecuador between 2022 and 2023 were Brazil ($10.7M), United Kingdom ($432k), and Colombia ($217k).

COMPANIES In 2021, leading companies such as Sucafina (1) were at the forefront of shipping Coffee and Tea Extracts from Ecuador to the United States.

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Coffee and Tea Extracts exports accounted up to $15.5M and imports accounted up to $2.61M, resulting in a positive trade balance of $12.9M. Between December 2020 and December 2021 the exports of Ecuador's   Coffee and Tea Extracts have increased by $9.21M (146%) from $6.3M to $15.5M, while imports increased by $170k (6.99%) from $2.44M to $2.61M.

Destinations In December 2021, Coffee and Tea Extracts were exported mostly to Russia ($5.61M), Poland ($2.5M), Belgium ($1.6M), Turkey ($882k), and United States ($808k), and were imported mostly from Colombia ($1.29M), Brazil ($814k), United States ($301k), United Kingdom ($142k), and Mexico ($22.3k).

Growth In December 2021, the increase in Coffee and Tea Extracts's year-by-year exports was explained primarily by an increase in exports to Japan ($136k or 241%), Germany ($106k or 8.13%), and Colombia ($65k or 58.9%). In December 2021, the increase in Coffee and Tea Extracts's year-by-year imports was explained primarily by an increase in imports from Colombia ($241k or 20.9%), Brazil ($111k or 34.7%), and China ($110k or 221%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$9.21M(146%)
IMPORT GROWTH (December 2020 - December 2021)$170k(6.99%)
MAIN DESTINATION (December 2021)Russia$5.61M

This section shows Coffee and Tea Extracts'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 Coffee and Tea Extracts over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$153M
IMPORTS (2023)$42.1M
NET TRADE (2023)$111M

In 2023, Ecuador exported $153M in Coffee and Tea Extracts. The main destinations of Ecuador exports on Coffee and Tea Extracts were Germany ($41.7M), Poland ($29.4M), Russia ($19.1M), Peru ($10.9M), and Colombia ($8.65M).

In 2023, Ecuador imported $42.1M in Coffee and Tea Extracts, mainly from Colombia ($21.1M), Brazil ($14.4M), United Kingdom ($2.37M), Malaysia ($1.48M), and United States ($1.1M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coffee and Tea Extracts EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Poland$13.5M (85.2%)
Germany$6.72M (19.2%)
Spain$5.98M (319%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee and Tea Extracts BY Ecuador WERE (2022 - 2023):
Finland-$4.95M (-100%)
Belgium-$2.4M (-99%)
Turkey-$1.08M (-51.3%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Coffee and Tea Extracts were:
Germany $1.05B
Brazil $776M
Spain $700M
In 2023, Ecuador's main importing competitors in Coffee and Tea Extracts were:
United States $1.04B
Germany $636M
United Kingdom $554M

Explore Visualizations

Trade Value of Coffee and Tea Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.77M
TOP IMPORT POTENTIALBrazil+ $832k

Coffee and Tea Extracts’s highest export potential is United States. With an export gap of $6.77M.   Coffee and Tea Extracts’s highest import potential is Brazil with an import gap of $832k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms