Non-fillet Frozen Fish in Ecuador 2021 Exports | Imports : $149M | $193M, World Rnk 35 / 182 Rnk 14 / 984 | World Rnk 30 / 219 Rnk 20 / 1165
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $22.5M | $34.9M, Cote d'Ivoire | Spain
2021 ECONOMIC COMPLEXITY of Ecuador: -0.89, Rnk 104 / 131
2021 PRODUCT COMPLEXITY IN Non-fillet Frozen Fish: -1.72, Rnk 980 / 1029
Exports In 2021, Ecuador exported $149M in Non-fillet Frozen Fish, making it the 35th largest exporter of Non-fillet Frozen Fish in the world. At the same year, Non-fillet Frozen Fish was the 14th most exported product in Ecuador. The main destination of Non-fillet Frozen Fish exports from Ecuador are: Cote d'Ivoire ($29.1M), Russia ($21.4M), Spain ($18.8M), China ($13.1M), and Portugal ($10.3M).
The fastest growing export markets for Non-fillet Frozen Fish of Ecuador between 2020 and 2021 were Cote d'Ivoire ($22.5M), Ghana ($9.14M), and Russia ($8.28M).
Imports In 2021, Ecuador imported $193M in Non-fillet Frozen Fish, becoming the 30th largest importer of Non-fillet Frozen Fish in the world. At the same year, Non-fillet Frozen Fish was the 20th most imported product in Ecuador. Ecuador imports Non-fillet Frozen Fish primarily from: Spain ($74.6M), Chinese Taipei ($21.6M), Nicaragua ($16.9M), Venezuela ($11.8M), and South Korea ($11.5M).
The fastest growing import markets in Non-fillet Frozen Fish for Ecuador between 2020 and 2021 were Spain ($34.9M), Chinese Taipei ($20.1M), and Nauru ($7.69M).
Tariffs In 2018, the average tariff for Ecuador in Non-fillet Frozen Fish was 17.6%. The countries with the highest import tariffs for Non-fillet Frozen Fish were Angola (Most Favoured Nation duty rate treatment, 19.2%), Burundi (Most Favoured Nation duty rate treatment, 19.2%), Benin (Most Favoured Nation duty rate treatment, 19.2%), Burkina Faso (Most Favoured Nation duty rate treatment, 19.2%), and Botswana (Most Favoured Nation duty rate treatment, 19.2%).
December 2021
Overview In December 2021 Ecuador's Non-fillet Frozen Fish exports accounted up to $14.6M and imports accounted up to $10.2M, resulting in a positive trade balance of $4.31M. Between December 2020 and December 2021 the exports of Ecuador's Non-fillet Frozen Fish have increased by $6.13M (72.8%) from $8.42M to $14.6M, while imports decreased by $-2.9M (-22.1%) from $13.1M to $10.2M.
Destinations In December 2021, Non-fillet Frozen Fish were exported mostly to Cote d'Ivoire ($3.61M), Spain ($2.89M), China ($1.73M), United States ($1.37M), and Russia ($1.13M), and were imported mostly from World ($4.26M), Venezuela ($2.98M), Ecuador ($822k), Panama ($486k), and Solomon Islands ($297k).
Growth In December 2021, the increase in Non-fillet Frozen Fish's year-by-year exports was explained primarily by an increase in exports to Peru ($753k or 36.1%), Russia ($473k or 91.8%), and Ukraine ($215k or 261%). In December 2021, the decrease in Non-fillet Frozen Fish's year-by-year imports was explained primarily by a decrease in imports from Ecuador ($-536k or -58.5%), Spain ($-164k or -27.8%), and France ($-43.4k or -97.1%).
EXPORT GROWTH (December 2020 - December 2021): $6.13M, (72.8%)
IMPORT GROWTH (December 2020 - December 2021): $-2.9M, (-22.1%)
MAIN DESTINATION (December 2021): Cote d'Ivoire, $3.61M
This section shows Non-fillet Frozen Fish'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 Non-fillet Frozen Fish over time.
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EXPORTS (2021): $149M
IMPORTS (2021): $193M
NET TRADE (2021): -$44M
In 2021, Ecuador exported $149M in Non-fillet Frozen Fish. The main destinations of Ecuador exports on Non-fillet Frozen Fish were Cote d'Ivoire ($29.1M), Russia ($21.4M), Spain ($18.8M), China ($13.1M), and Portugal ($10.3M).
In 2021, Ecuador imported $193M in Non-fillet Frozen Fish, mainly from Spain ($74.6M), Chinese Taipei ($21.6M), Nicaragua ($16.9M), Venezuela ($11.8M), and South Korea ($11.5M).
THE FASTEST GROWING Non-fillet Frozen Fish EXPORT MARKETS FOR Ecuador WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-fillet Frozen Fish BY Ecuador WERE (2020 - 2021):
In 2021, Ecuador's main exporting competitors in Non-fillet Frozen Fish were:
In 2021, Ecuador's main importing competitors in Non-fillet Frozen Fish were:
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