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2023
Exports $674MWorld Rnk 8 / 108
Flag Rnk 10 / 1002
2023
Destination $14M China
2022 - 2023
FASTEST GROWING MARKET $14MCanada
2023
PRODUCT COMPLEXITY IN Precious Metal Ore-1.75Rnk 979 / 1025
2023
Imports $11.9kWorld Rnk 70 / 107
Flag Rnk 1099 / 1173
2023
Origin $4.42kN/A
2022 - 2023
FASTEST GROWING ORIGIN $4.42kUnited States
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $674M in Precious Metal Ore, making it the 8th largest exporter of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 10th most exported product in Ecuador. The main destination of Precious Metal Ore exports from Ecuador are: China ($192M), Finland ($149M), Canada ($130M), Chinese Taipei ($81.1M), and Germany ($57.4M).

The fastest growing export markets for Precious Metal Ore of Ecuador between 2022 and 2023 were Canada ($14M), Mexico ($9.71M), and Chinese Taipei ($8.63M).

Imports In 2023, Ecuador imported $11.9k in Precious Metal Ore, becoming the 70th largest importer of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 1099th most imported product in Ecuador. Ecuador imports Precious Metal Ore primarily from: N/A.

The fastest growing import markets in Precious Metal Ore for Ecuador between 2022 and 2023 were United States ($4.42k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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 Precious Metal Ore. 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
EXPORTS (2023)$674M
IMPORTS (2023)$11.9k
NET TRADE (2023)$674M

In 2023, Ecuador exported $674M in Precious Metal Ore. The main destinations of Ecuador exports on Precious Metal Ore were China ($192M), Finland ($149M), Canada ($130M), Chinese Taipei ($81.1M), and Germany ($57.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Ore EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Canada$14M (12.1%)
Mexico$9.71M (169%)
Chinese Taipei$8.63M (11.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Ore BY Ecuador WERE (2022 - 2023):
Finland-$25.2M (-14.5%)
Bulgaria-$7.83M (-14.3%)
China-$4.7M (-2.39%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ecuador's main exporting competitors in Precious Metal Ore were:
Mexico $1.89B
South Africa $1.7B
Russia $1.48B
In 2023, Ecuador's main importing competitors in Precious Metal Ore were:
China $8.08B
Germany $2.77B
United Kingdom $848M

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Trade Value of Precious Metal Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $44.4M
TOP IMPORT POTENTIALCanada+ $9.97k

Precious Metal Ore’s highest export potential is China. With an export gap of $44.4M.   Precious Metal Ore’s highest import potential is Canada with an import gap of $9.97k.

See methodology.

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