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2022
Exports $2.73kWorld Rnk 93 / 133
Flag Rnk 854 / 1017
2022
Destination $95 Chile
2021 - 2022
FASTEST GROWING MARKET $95Netherlands
2022
Imports $37.9kWorld Rnk 54 / 119
Flag Rnk 1076 / 1175
2022
Origin $8.72k Canada
2021 - 2022
FASTEST GROWING ORIGIN $8.72kCanada
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $2.73k in Other Ores, making it the 93rd largest exporter of Other Ores in the world. At the same year, Other Ores was the 854th most exported product in Ecuador. The main destination of Other Ores exports from Ecuador are: Chile ($2.1k), Australia ($390), Canada ($142), and Netherlands ($95).

The fastest growing export markets for Other Ores of Ecuador between 2021 and 2022 were Netherlands ($95).

Imports In 2022, Ecuador imported $37.9k in Other Ores, becoming the 54th largest importer of Other Ores in the world. At the same year, Other Ores was the 1076th most imported product in Ecuador. Ecuador imports Other Ores primarily from: Canada ($36.5k), New Zealand ($785), and Peru ($586).

The fastest growing import markets in Other Ores for Ecuador between 2021 and 2022 were Canada ($8.72k), New Zealand ($785), and Peru ($52).

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 (2022)$2.73k
IMPORTS (2022)$37.9k
NET TRADE (2022)-$35.1k

In 2022, Ecuador exported $2.73k in Other Ores. The main destinations of Ecuador exports on Other Ores were Chile ($2.1k), Australia ($390), Canada ($142), and Netherlands ($95).

In 2022, Ecuador imported $37.9k in Other Ores, mainly from Canada ($36.5k), New Zealand ($785), and Peru ($586).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Ores EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):Netherlands$95 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Ores BY Ecuador WERE (2021 - 2022):
Canada-$67.4k (-99.8%)
Ireland-$2.03k (-100%)
Australia-$1.74k (-81.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Other Ores were:
Democratic Republic of the Congo $92.7M
Canada $64.5M
Australia $62.3M
In 2022, Ecuador's main importing competitors in Other Ores were:
China $203M
Hong Kong $45M
Vietnam $37M

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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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