Raw Copper in Ecuador | The Observatory of Economic Complexity

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Exports In 2021, Ecuador exported $20.9M in Raw Copper, making it the 30th largest exporter of Raw Copper in the world. At the same year, Raw Copper was the 59th most exported product in Ecuador. The main destination of Raw Copper exports from Ecuador are: China ($20.9M).

The fastest growing export markets for Raw Copper of Ecuador between 2020 and 2021 were China ($4.32M).

Imports In 2021, Ecuador imported $24.3k in Raw Copper, becoming the 95th largest importer of Raw Copper in the world. At the same year, Raw Copper was the 1082nd most imported product in Ecuador. Ecuador imports Raw Copper primarily from: United States ($10.4k), Italy ($4.14k), China ($3.79k), Belgium ($2.71k), and Canada ($2.71k).

The fastest growing import markets in Raw Copper for Ecuador between 2020 and 2021 were Italy ($4.14k), China ($2.93k), and Belgium ($2.71k).

Latest Trends

July 2021

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Overview In July 2021 Ecuador's Raw Copper exports accounted up to $1.02M and imports accounted up to $3.94k, resulting in a positive trade balance of $1.01M. Between July 2020 and July 2021 the exports of Ecuador's Raw Copper have decreased by $-1.64M (-61.7%) from $2.65M to $1.02M, while imports increased by $2.12k (117%) from $1.82k to $3.94k.

Destinations In July 2021, Raw Copper were exported mostly to , and were imported mostly from .

Growth In July 2021, the decrease in Raw Copper's year-by-year exports was explained primarily by a decrease in exports to . In November 2021, the increase in Raw Copper's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2020 - July 2021)$-1.64M(-61.7%)

IMPORT GROWTH (January 2020 - November 2021)$2.12k(117%)

MAIN DESTINATION (July 2021)

This section shows Raw Copper'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 Raw Copper over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2021)$20.9M

IMPORTS (2021)$24.3k

NET TRADE (2021)$20.9M

In 2021, Ecuador exported $20.9M in Raw Copper. The main destinations of Ecuador exports on Raw Copper were China ($20.9M).

In 2021, Ecuador imported $24.3k in Raw Copper, mainly from United States ($10.4k), Italy ($4.14k), China ($3.79k), Belgium ($2.71k), and Canada ($2.71k).

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