Peat in Ecuador | The Observatory of Economic Complexity

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Exports In 2023, Ecuador exported $16.1k in Peat, making it the 74th largest exporter of Peat in the world. At the same year, Peat was the 736th most exported product in Ecuador. The main destination of Peat exports from Ecuador are: United Kingdom ($16.1k) and Netherlands ($4).

The fastest growing export markets for Peat of Ecuador between 2022 and 2023 were United Kingdom ($16.1k) and Netherlands ($4).

Imports In 2023, Ecuador imported $3.74M in Peat, becoming the 49th largest importer of Peat in the world. At the same year, Peat was the 527th most imported product in Ecuador. Ecuador imports Peat primarily from: Canada ($1.01M), Latvia ($710k), Lithuania ($487k), Estonia ($320k), and Netherlands ($246k).

The fastest growing import markets in Peat for Ecuador between 2022 and 2023 were Estonia ($190k), United States ($173k), and India ($87.9k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Peat. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color

Trade Value

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Growth (%)

Year

EXPORTS (2023)$16.1k

IMPORTS (2023)$3.74M

NET TRADE (2023)-$3.72M

In 2023, Ecuador exported $16.1k in Peat. The main destinations of Ecuador exports on Peat were United Kingdom ($16.1k) and Netherlands ($4).

In 2023, Ecuador imported $3.74M in Peat, mainly from Canada ($1.01M), Latvia ($710k), Lithuania ($487k), Estonia ($320k), and Netherlands ($246k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Exports

Imports

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Ending

THE FASTEST GROWING Peat EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):

United Kingdom$16.1k (1%)

Netherlands$4 (1%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Ecuador WERE (2022 - 2023):United States-$170k (-100%)

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Change in Exports by Market (2022 - 2023)

Market Concentration

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In 2023, Ecuador's main exporting competitors in Peat were:

Canada $490M

Latvia $310M

Germany $212M

In 2023, Ecuador's main importing competitors in Peat were:

United States $493M

Netherlands $163M

China $109M

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Trade Value of Peat by Exporters

Potential Exports

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Exports

Imports

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TOP EXPORT POTENTIALUnited States+ $126k

TOP IMPORT POTENTIALNetherlands+ $83.4k

Peat’s highest export potential is United States. With an export gap of $126k. Peat’s highest import potential is Netherlands with an import gap of $83.4k.

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Latest Trends

Subnational Monthly Trade

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Historical Data

Trade Balance

Export Destinations (2023)

Import Origins (2023)

Market Growth

Change in Exports by Market (2022 - 2023)

Market Concentration

Trade Value of Peat by Exporters

Potential Exports

Potential Exports

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