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2023
Exports $1.1BWorld Rnk 3 / 172
Flag Rnk 9 / 1002
2023
Destination $11.5M United States
2022 - 2023
FASTEST GROWING MARKET $11.5MUnited States
2023
PRODUCT COMPLEXITY IN Cut Flowers-1.58Rnk 957 / 1025
2023
Imports $1.66MWorld Rnk 93 / 207
Flag Rnk 678 / 1173
2023
Origin $375k Colombia
2022 - 2023
FASTEST GROWING ORIGIN $375kColombia
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $1.1B in Cut Flowers, making it the 3rd largest exporter of Cut Flowers in the world. At the same year, Cut Flowers was the 9th most exported product in Ecuador. The main destination of Cut Flowers exports from Ecuador are: United States ($542M), Netherlands ($143M), Kazakhstan ($79.3M), Spain ($45.2M), and Canada ($38.5M).

The fastest growing export markets for Cut Flowers of Ecuador between 2022 and 2023 were United States ($11.5M), Netherlands ($10.7M), and United Arab Emirates ($5.51M).

Imports In 2023, Ecuador imported $1.66M in Cut Flowers, becoming the 93rd largest importer of Cut Flowers in the world. At the same year, Cut Flowers was the 678th most imported product in Ecuador. Ecuador imports Cut Flowers primarily from: Colombia ($1.53M), Nigeria ($92.3k), Netherlands ($18k), United States ($7.16k), and Kenya ($6.93k).

The fastest growing import markets in Cut Flowers for Ecuador between 2022 and 2023 were Colombia ($375k), Nigeria ($43.9k), and United States ($7.09k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Cut Flowers exports accounted up to $48.9M and imports accounted up to $18.2k, resulting in a positive trade balance of $48.9M. Between December 2020 and December 2021 the exports of Ecuador's   Cut Flowers have decreased by $-190M (-79.5%) from $239M to $48.9M, while imports increased by $14.1k (342%) from $4.11k to $18.2k.

Destinations In December 2021, Cut Flowers were exported mostly to United States ($12.6M), Kazakhstan ($10.1M), Chile ($8.97M), Russia ($2.26M), and Georgia ($1.92M), and were imported mostly from Colombia ($18.2k).

Growth In December 2021, the decrease in Cut Flowers's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-18.2M or -97.2%), Paraguay ($-9.5M or -98.6%), and Poland ($-9.16M or -93.5%). In December 2021, the increase in Cut Flowers'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)$-190M(-79.5%)
IMPORT GROWTH (December 2020 - December 2021)$14.1k(342%)
MAIN DESTINATION (December 2021)United States$12.6M

This section shows Cut Flowers'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 Cut Flowers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.1B
IMPORTS (2023)$1.66M
NET TRADE (2023)$1.1B

In 2023, Ecuador exported $1.1B in Cut Flowers. The main destinations of Ecuador exports on Cut Flowers were United States ($542M), Netherlands ($143M), Kazakhstan ($79.3M), Spain ($45.2M), and Canada ($38.5M).

In 2023, Ecuador imported $1.66M in Cut Flowers, mainly from Colombia ($1.53M), Nigeria ($92.3k), Netherlands ($18k), United States ($7.16k), and Kenya ($6.93k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cut Flowers EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
United States$11.5M (2.18%)
Netherlands$10.7M (8.08%)
United Arab Emirates$5.51M (209%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cut Flowers BY Ecuador WERE (2022 - 2023):
Russia-$33.9M (-97.8%)
Kazakhstan-$24.2M (-23.4%)
Chile-$13.9M (-56%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Cut Flowers were:
Netherlands $4.08B
Colombia $2.07B
In 2023, Ecuador's main importing competitors in Cut Flowers were:
United States $2.58B
Germany $1.28B
Netherlands $975M

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Trade Value of Cut Flowers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $8.79M
TOP IMPORT POTENTIALColombia+ $746k

Cut Flowers’s highest export potential is Germany. With an export gap of $8.79M.   Cut Flowers’s highest import potential is Colombia with an import gap of $746k.

See methodology.

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