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2023
Exports $916World Rnk 101 / 133
Flag Rnk 902 / 1002
falsefalse Chile
2022 - 2023
FASTEST GROWING MARKETfalsefalse
2023
Imports $80.4kWorld Rnk 40 / 119
Flag Rnk 1019 / 1173
2022 - 2023
FASTEST GROWING ORIGINfalseCanada
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $916 in Other Ores, making it the 101st largest exporter of Other Ores in the world. At the same year, Other Ores was the 902nd most exported product in Ecuador. The main destination of Other Ores exports from Ecuador are: Chile ($853) and Canada ($63).

Imports In 2023, Ecuador imported $80.4k in Other Ores, becoming the 40th largest importer of Other Ores in the world. At the same year, Other Ores was the 1019th most imported product in Ecuador. Ecuador imports Other Ores primarily from: Canada ($78.5k), New Zealand ($997), and Peru ($948).

The fastest growing import markets in Other Ores for Ecuador between 2022 and 2023 were Canada ($42k), Peru ($319), and New Zealand ($212).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Other Ores exports accounted up to $300 and imports accounted up to $342, resulting in a negative trade balance of $41.9. Between June 2020 and December 2021 the exports of Ecuador's   Other Ores have increased by $75 (33.3%) from $225 to $300, while imports decreased by $-612 (-64.2%) from $954 to $342.

Destinations In December 2021, Other Ores were exported mostly to Chile ($300), and were imported mostly from .

Growth In December 2021, the increase in Other Ores's year-by-year exports was explained primarily by an increase in exports to . In May 2021, the decrease in Other Ores's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2020 - December 2021)$75(33.3%)
IMPORT GROWTH (September 2018 - May 2021)$-612(-64.2%)
MAIN DESTINATION (December 2021)Chile$300

This section shows Other Ores'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 Other Ores over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$916
IMPORTS (2023)$80.4k
NET TRADE (2023)-$79.5k

In 2023, Ecuador exported $916 in Other Ores. The main destinations of Ecuador exports on Other Ores were Chile ($853) and Canada ($63).

In 2023, Ecuador imported $80.4k in Other Ores, mainly from Canada ($78.5k), New Zealand ($997), and Peru ($948).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Ores BY Ecuador WERE (2022 - 2023):
Chile-$2.57k (-75.1%)
Australia-$390 (-100%)
Netherlands-$105 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Other Ores were:
Canada $258M
Russia $47.8M
Australia $46.8M
In 2023, Ecuador's main importing competitors in Other Ores were:
China $424M
Japan $78.2M
Namibia $37.3M

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Trade Value of Other Ores by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $806
TOP IMPORT POTENTIALCanada+ $2.81k

Other Ores’s highest export potential is China. With an export gap of $806.   Other Ores’s highest import potential is Canada with an import gap of $2.81k.

See methodology.

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