Sign In
Pricing

2022
Exports $7.15MWorld Rnk 78 / 202
Flag Rnk 107 / 1017
2022
Destination $252k United States
2021 - 2022
FASTEST GROWING MARKET $252kColombia
2022
PRODUCT COMPLEXITY IN Sauces and Seasonings-0.62Rnk 736 / 1025
2022
Imports $21.5MWorld Rnk 99 / 225
Flag Rnk 231 / 1175
2022
Origin $3.22M United States
2021 - 2022
FASTEST GROWING ORIGIN $3.22MMexico
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $7.15M in Sauces and Seasonings, making it the 78th largest exporter of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 107th most exported product in Ecuador. The main destination of Sauces and Seasonings exports from Ecuador are: United States ($3.86M), Spain ($1.75M), Colombia ($582k), United Kingdom ($338k), and Chile ($194k).

The fastest growing export markets for Sauces and Seasonings of Ecuador between 2021 and 2022 were Colombia ($252k), Chile ($194k), and Australia ($60.8k).

Imports In 2022, Ecuador imported $21.5M in Sauces and Seasonings, becoming the 99th largest importer of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 231st most imported product in Ecuador. Ecuador imports Sauces and Seasonings primarily from: United States ($7.22M), Peru ($5.07M), Mexico ($3.62M), Colombia ($1.66M), and China ($1.12M).

The fastest growing import markets in Sauces and Seasonings for Ecuador between 2021 and 2022 were Mexico ($3.22M), Peru ($2.38M), and Chile ($261k).

COMPANIES In 2021, leading companies such as Goya Foods (3) were at the forefront of shipping Sauces and Seasonings from Ecuador to the United States.

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Sauces and Seasonings exports accounted up to $553k and imports accounted up to $1.52M, resulting in a negative trade balance of $966k. Between December 2020 and December 2021 the exports of Ecuador's   Sauces and Seasonings have decreased by $-268k (-32.7%) from $821k to $553k, while imports increased by $416k (37.7%) from $1.1M to $1.52M.

Destinations In December 2021, Sauces and Seasonings were exported mostly to United States ($301k), Spain ($177k), Panama ($45.7k), Colombia ($24.8k), and United Kingdom ($3.64k), and were imported mostly from United States ($479k), Peru ($374k), Colombia ($235k), Mexico ($128k), and Italy ($82.7k).

Growth In December 2021, the decrease in Sauces and Seasonings's year-by-year exports was explained primarily by a decrease in exports to Spain ($-29.2k or -17.4%) and Panama ($-1.6k or -56.6%). In December 2021, the increase in Sauces and Seasonings's year-by-year imports was explained primarily by an increase in imports from Colombia ($125k or 444%), Spain ($12.1k or 130%), and China ($10.4k or 53%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-268k(-32.7%)
IMPORT GROWTH (December 2020 - December 2021)$416k(37.7%)
MAIN DESTINATION (December 2021)United States$301k

This section shows Sauces and Seasonings'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 Sauces and Seasonings over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$7.15M
IMPORTS (2022)$21.5M
NET TRADE (2022)-$14.4M

In 2022, Ecuador exported $7.15M in Sauces and Seasonings. The main destinations of Ecuador exports on Sauces and Seasonings were United States ($3.86M), Spain ($1.75M), Colombia ($582k), United Kingdom ($338k), and Chile ($194k).

In 2022, Ecuador imported $21.5M in Sauces and Seasonings, mainly from United States ($7.22M), Peru ($5.07M), Mexico ($3.62M), Colombia ($1.66M), and China ($1.12M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sauces and Seasonings EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Colombia$252k (76.4%)
Chile$194k (202k%)
Australia$60.8k (1.49k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sauces and Seasonings BY Ecuador WERE (2021 - 2022):
United States-$341k (-8.11%)
Germany-$258k (-99.9%)
Spain-$201k (-10.3%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Sauces and Seasonings were:
United States $2.15B
China $2.05B
Italy $1.54B
In 2022, Ecuador's main importing competitors in Sauces and Seasonings were:
United States $2.23B
United Kingdom $1.01B
France $968M

Explore Visualizations

Trade Value of Sauces and Seasonings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.41M
TOP IMPORT POTENTIALChina+ $1.18M

Sauces and Seasonings’s highest export potential is United States. With an export gap of $1.41M.   Sauces and Seasonings’s highest import potential is China with an import gap of $1.18M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms