Scrap Copper in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $88.5M in Scrap Copper, making it the 51st largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 27th most exported product in Ecuador. The main destination of Scrap Copper exports from Ecuador are: China ($45.2M), South Korea ($19.9M), Brazil ($13.4M), Peru ($1.73M), and Slovakia ($1.69M).

The fastest growing export markets for Scrap Copper of Ecuador between 2021 and 2022 were China ($12.3M), Brazil ($5.41M), and Malaysia ($1.18M).

Imports In 2022, Ecuador imported $4.2M in Scrap Copper, becoming the 59th largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 526th most imported product in Ecuador. Ecuador imports Scrap Copper primarily from: Nicaragua ($2M), Peru ($1.36M), United States ($555k), Panama ($171k), and Guatemala ($57.9k).

The fastest growing import markets in Scrap Copper for Ecuador between 2021 and 2022 were Peru ($1.32M), Guatemala ($57.9k), and Colombia ($51k).

COMPANIES In 2021, leading companies such as were at the forefront of shipping Scrap Copper from Ecuador to the United States.

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Scrap Copper exports accounted up to $8.57M and imports accounted up to $4.9k, resulting in a positive trade balance of $8.56M. Between December 2020 and December 2021 the exports of Ecuador's Scrap Copper have increased by $2.48M (40.7%) from $6.09M to $8.57M, while imports decreased by $-552k (-99.1%) from $557k to $4.9k.

Destinations In December 2021, Scrap Copper were exported mostly to China ($5.39M), South Korea ($2.52M), Brazil ($388k), United States ($123k), and Malaysia ($111k), and were imported mostly from Peru ($4.9k).

Growth In December 2021, the increase in Scrap Copper's year-by-year exports was explained primarily by an increase in exports to Brazil ($1.12M or 106%) and Chile ($255k or 122%). In December 2021, the decrease in Scrap Copper's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2020 - December 2021)$2.48M(40.7%)

IMPORT GROWTH (September 2020 - December 2021)$-552k(-99.1%)

MAIN DESTINATION (December 2021)China$5.39M

This section shows Scrap 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 Scrap Copper over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$88.5M

IMPORTS (2022)$4.2M

NET TRADE (2022)$84.2M

In 2022, Ecuador exported $88.5M in Scrap Copper. The main destinations of Ecuador exports on Scrap Copper were China ($45.2M), South Korea ($19.9M), Brazil ($13.4M), Peru ($1.73M), and Slovakia ($1.69M).

In 2022, Ecuador imported $4.2M in Scrap Copper, mainly from Nicaragua ($2M), Peru ($1.36M), United States ($555k), Panama ($171k), and Guatemala ($57.9k).

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