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Pricing

2022
Exports $1.04BWorld Rnk 3 / 168
Flag Rnk 7 / 1017
2022
Destination $82.1M United States
2021 - 2022
FASTEST GROWING MARKET $82.1MKazakhstan
2022
PRODUCT COMPLEXITY IN Cut Flowers-1.54Rnk 953 / 1025
2022
Imports $1.27MWorld Rnk 97 / 203
Flag Rnk 742 / 1175
2022
Origin $189k Colombia
2021 - 2022
FASTEST GROWING ORIGIN $189kColombia
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $1.04B in Cut Flowers, making it the 3rd largest exporter of Cut Flowers in the world. At the same year, Cut Flowers was the 7th most exported product in Ecuador. The main destination of Cut Flowers exports from Ecuador are: United States ($413M), Netherlands ($106M), Kazakhstan ($103M), Italy ($40.9M), and Canada ($38.2M).

The fastest growing export markets for Cut Flowers of Ecuador between 2021 and 2022 were Kazakhstan ($82.1M), Netherlands ($19.9M), and Chile ($14.2M).

Imports In 2022, Ecuador imported $1.27M in Cut Flowers, becoming the 97th largest importer of Cut Flowers in the world. At the same year, Cut Flowers was the 742nd most imported product in Ecuador. Ecuador imports Cut Flowers primarily from: Colombia ($1.15M), Nigeria ($48.4k), Kenya ($40k), Netherlands ($18.6k), and China ($6.85k).

The fastest growing import markets in Cut Flowers for Ecuador between 2021 and 2022 were Colombia ($189k), Nigeria ($36.7k), and China ($3.29k).

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 (2022)$1.04B
IMPORTS (2022)$1.27M
NET TRADE (2022)$1.04B

In 2022, Ecuador exported $1.04B in Cut Flowers. The main destinations of Ecuador exports on Cut Flowers were United States ($413M), Netherlands ($106M), Kazakhstan ($103M), Italy ($40.9M), and Canada ($38.2M).

In 2022, Ecuador imported $1.27M in Cut Flowers, mainly from Colombia ($1.15M), Nigeria ($48.4k), Kenya ($40k), Netherlands ($18.6k), and China ($6.85k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cut Flowers EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Kazakhstan$82.1M (387%)
Netherlands$19.9M (23.1%)
Chile$14.2M (134%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cut Flowers BY Ecuador WERE (2021 - 2022):
Russia-$66.5M (-65.8%)
Belarus-$25.9M (-70.2%)
Ukraine-$6.8M (-34.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Cut Flowers were:
Netherlands $4.04B
Colombia $2.05B
In 2022, Ecuador's main importing competitors in Cut Flowers were:
United States $2.48B
Germany $1.27B
Netherlands $907M

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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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