2022
Exports
$112kWorld Rnk 101 / 152
Flag Rnk 531 / 1017
2022
PRODUCT COMPLEXITY IN Fermented Milk Products
-0.22Rnk 622 / 1025
2022
Imports
$324kWorld Rnk 164 / 219
Flag Rnk 914 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $112k in Fermented Milk Products, making it the 101st largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 531st most exported product in Ecuador. The main destination of Fermented Milk Products exports from Ecuador are: United States ($102k), Maldives ($10.6k), and Bahamas ($4).

The fastest growing export markets for Fermented Milk Products of Ecuador between 2021 and 2022 were United States ($82.5k), Maldives ($10.4k), and Bahamas ($4).

Imports In 2022, Ecuador imported $324k in Fermented Milk Products, becoming the 164th largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 914th most imported product in Ecuador. Ecuador imports Fermented Milk Products primarily from: Colombia ($271k) and United States ($53.8k).

The fastest growing import markets in Fermented Milk Products for Ecuador between 2021 and 2022 were Colombia ($96.2k).

COMPANIES In 2021, leading companies such as Continental Tire (2) were at the forefront of shipping Fermented Milk Products from Ecuador to the United States.

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$983(424%)
IMPORT GROWTH (July 2020 - December 2021)$8.06k(24.9%)
MAIN DESTINATION (December 2021)United States$1.22k

This section shows Fermented Milk Products'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 Fermented Milk Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$112k
IMPORTS (2022)$324k
NET TRADE (2022)-$212k

In 2022, Ecuador exported $112k in Fermented Milk Products. The main destinations of Ecuador exports on Fermented Milk Products were United States ($102k), Maldives ($10.6k), and Bahamas ($4).

In 2022, Ecuador imported $324k in Fermented Milk Products, mainly from Colombia ($271k) and United States ($53.8k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$82.5k (428%)
Maldives$10.4k (5.52k%)
Bahamas$4 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Ecuador WERE (2021 - 2022):Luxembourg-$43 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Fermented Milk Products were:
In 2022, Ecuador's main importing competitors in Fermented Milk Products were:

Explore Visualizations

Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $38.2k
TOP IMPORT POTENTIALUnited States+ $35.2k

Fermented Milk Products’s highest export potential is United States. With an export gap of $38.2k.   Fermented Milk Products’s highest import potential is United States with an import gap of $35.2k.

See methodology.

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