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2023
Exports $838kWorld Rnk 77 / 128
Flag Rnk 270 / 1002
2023
Destination $203k Colombia
2022 - 2023
FASTEST GROWING MARKET $203kColombia
2023
PRODUCT COMPLEXITY IN Potassic Fertilizers-1.12Rnk 857 / 1025
2023
Imports $85.5MWorld Rnk 32 / 191
Flag Rnk 58 / 1173
2023
Origin $10.6M Canada
2022 - 2023
FASTEST GROWING ORIGIN $10.6MCanada
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $838k in Potassic Fertilizers, making it the 77th largest exporter of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 270th most exported product in Ecuador. The main destination of Potassic Fertilizers exports from Ecuador are: Colombia ($233k), Peru ($183k), Argentina ($146k), Mexico ($105k), and Dominican Republic ($90.1k).

The fastest growing export markets for Potassic Fertilizers of Ecuador between 2022 and 2023 were Colombia ($203k), Argentina ($146k), and Mexico ($105k).

Imports In 2023, Ecuador imported $85.5M in Potassic Fertilizers, becoming the 32nd largest importer of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 58th most imported product in Ecuador. Ecuador imports Potassic Fertilizers primarily from: Canada ($35.7M), United States ($13.9M), Chile ($12M), Germany ($6.58M), and Russia ($4.83M).

The fastest growing import markets in Potassic Fertilizers for Ecuador between 2022 and 2023 were Canada ($10.6M), Chinese Taipei ($1.2M), and Colombia ($988k).

Latest Trends

November 2021

About

Overview In November 2021 Ecuador's Potassic Fertilizers exports accounted up to $17.6k and imports accounted up to $6.86M, resulting in a negative trade balance of $6.84M. Between September 2019 and November 2021 the exports of Ecuador's   Potassic Fertilizers have increased by $17.1k (3.77k%) from $454 to $17.6k, while imports increased by $1.64M (31.3%) from $5.23M to $6.86M.

Destinations In November 2021, Potassic Fertilizers were exported mostly to , and were imported mostly from Canada ($3.84M), Germany ($1.26M), Belgium ($439k), Russia ($434k), and China ($304k).

Growth In November 2021, the increase in Potassic Fertilizers's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Potassic Fertilizers's year-by-year imports was explained primarily by an increase in imports from United States ($778k or 6.98k%), Germany ($459k or 321%), and China ($137k or 70%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2019 - November 2021)$17.1k(3.77k%)
IMPORT GROWTH (December 2020 - December 2021)$1.64M(31.3%)
MAIN DESTINATION (November 2021)

This section shows Potassic Fertilizers'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 Potassic Fertilizers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$838k
IMPORTS (2023)$85.5M
NET TRADE (2023)-$84.7M

In 2023, Ecuador exported $838k in Potassic Fertilizers. The main destinations of Ecuador exports on Potassic Fertilizers were Colombia ($233k), Peru ($183k), Argentina ($146k), Mexico ($105k), and Dominican Republic ($90.1k).

In 2023, Ecuador imported $85.5M in Potassic Fertilizers, mainly from Canada ($35.7M), United States ($13.9M), Chile ($12M), Germany ($6.58M), and Russia ($4.83M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Potassic Fertilizers EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Colombia$203k (691%)
Argentina$146k (1%)
Mexico$105k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potassic Fertilizers BY Ecuador WERE (2022 - 2023):
Peru-$61k (-25%)
Honduras-$54.6k (-40.2%)
Bolivia-$6 (-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 Potassic Fertilizers were:
Canada $9.44B
Russia $4.3B
Belarus $2.01B
In 2023, Ecuador's main importing competitors in Potassic Fertilizers were:
Brazil $5.65B
China $4.94B
United States $4.28B

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Trade Value of Potassic Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $26.1k
TOP IMPORT POTENTIALCanada+ $5.52M

Potassic Fertilizers’s highest export potential is Peru. With an export gap of $26.1k.   Potassic Fertilizers’s highest import potential is Canada with an import gap of $5.52M.

See methodology.

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