Gold in Ecuador 2020 Exports | Imports : $379M | $91.3k, World Rnk 70 / 175 Rnk 8 / 943 | World Rnk 127 / 168 Rnk 988 / 1164
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $80.1M | $88.1k, Switzerland | Spain
2020 ECONOMIC COMPLEXITY of Ecuador: -1.01, Rnk 101 / 127
2020 PRODUCT COMPLEXITY IN Gold: -2.26, Rnk 1020 / 1029
Exports In 2020, Ecuador exported $379M in Gold, making it the 70th largest exporter of Gold in the world. At the same year, Gold was the 8th most exported product in Ecuador. The main destination of Gold exports from Ecuador are: United States ($229M), Switzerland ($142M), Italy ($6.53M), United Arab Emirates ($2.03M), and India ($305k).
The fastest growing export markets for Gold of Ecuador between 2019 and 2020 were Switzerland ($80.1M), United States ($66.3M), and France ($87k).
Imports In 2020, Ecuador imported $91.3k in Gold, becoming the 127th largest importer of Gold in the world. At the same year, Gold was the 988th most imported product in Ecuador. Ecuador imports Gold primarily from: Spain ($88.1k), China ($2.59k), and United States ($632).
The fastest growing import markets in Gold for Ecuador between 2019 and 2020 were Spain ($88.1k) and China ($2.59k).
Overview In December 2021 Ecuador's Gold exports accounted up to $53.4M and imports accounted up to $303, resulting in a positive trade balance of $53.4M. Between December 2020 and December 2021 the exports of Ecuador's Gold have increased by $14.6M (37.7%) from $38.8M to $53.4M, while imports decreased by $-17.4k (-98.3%) from $17.7k to $303.
Destinations In December 2021, Gold were exported mostly to Switzerland ($21.1M), United States ($19.6M), United Arab Emirates ($7.6M), India ($4.58M), and Italy ($454k), and were imported mostly from .
Growth In December 2021, the increase in Gold's year-by-year exports was explained primarily by an increase in exports to Switzerland ($9.89M or 117%) and United States ($6.08M or 31.8%). In February 2021, the decrease in Gold's year-by-year imports was explained primarily by a decrease in imports from .
EXPORT GROWTH (December 2020 - December 2021): $14.6M, (37.7%)
IMPORT GROWTH (August 2013 - February 2021): $-17.4k, (-98.3%)
MAIN DESTINATION (December 2021): Switzerland, $21.1M
This section shows Gold'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 Gold over time.
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EXPORTS (2020): $379M
IMPORTS (2020): $91.3k
NET TRADE (2020): $379M
In 2020, Ecuador exported $379M in Gold. The main destinations of Ecuador exports on Gold were United States ($229M), Switzerland ($142M), Italy ($6.53M), United Arab Emirates ($2.03M), and India ($305k).
In 2020, Ecuador imported $91.3k in Gold, mainly from Spain ($88.1k), China ($2.59k), and United States ($632).
THE FASTEST GROWING Gold EXPORT MARKETS FOR Ecuador WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Ecuador WERE (2019 - 2020):
In 2020, Ecuador's main exporting competitors in Gold were:
In 2020, Ecuador's main importing competitors in Gold were:
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