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2022
Exports $34.7kWorld Rnk 96 / 145
Flag Rnk 656 / 1017
2022
Destination $18.3k United States
2021 - 2022
FASTEST GROWING MARKET $18.3kUnited States
2022
PRODUCT COMPLEXITY IN Spice Seeds-1.2Rnk 880 / 1025
2022
Imports $5.7MWorld Rnk 46 / 216
Flag Rnk 476 / 1175
2022
Origin $609k India
2021 - 2022
FASTEST GROWING ORIGIN $609kIndia
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $34.7k in Spice Seeds, making it the 96th largest exporter of Spice Seeds in the world. At the same year, Spice Seeds was the 656th most exported product in Ecuador. The main destination of Spice Seeds exports from Ecuador are: United States ($20.9k), Spain ($12.5k), Colombia ($1.2k), France ($104), and Luxembourg ($9).

The fastest growing export markets for Spice Seeds of Ecuador between 2021 and 2022 were United States ($18.3k), Spain ($1.13k), and France ($104).

Imports In 2022, Ecuador imported $5.7M in Spice Seeds, becoming the 46th largest importer of Spice Seeds in the world. At the same year, Spice Seeds was the 476th most imported product in Ecuador. Ecuador imports Spice Seeds primarily from: India ($3.58M), Vietnam ($947k), Spain ($326k), Syria ($261k), and Egypt ($145k).

The fastest growing import markets in Spice Seeds for Ecuador between 2021 and 2022 were India ($609k), Vietnam ($407k), and Egypt ($144k).

Latest Trends

October 2021

About

Overview In October 2021 Ecuador's Spice Seeds exports accounted up to $1.52k and imports accounted up to $658k, resulting in a negative trade balance of $657k. Between October 2019 and October 2021 the exports of Ecuador's   Spice Seeds have increased by $1.5k (6.58k%) from $22.8 to $1.52k, while imports increased by $405k (160%) from $253k to $658k.

Destinations In October 2021, Spice Seeds were exported mostly to , and were imported mostly from India ($424k), Syria ($130k), Vietnam ($102k), and United States ($1.72k).

Growth In October 2021, the increase in Spice Seeds's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Spice Seeds's year-by-year imports was explained primarily by an increase in imports from India ($48.3k or 29%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2019 - October 2021)$1.5k(6.58k%)
IMPORT GROWTH (December 2020 - December 2021)$405k(160%)
MAIN DESTINATION (October 2021)

This section shows Spice Seeds'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 Spice Seeds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$34.7k
IMPORTS (2022)$5.7M
NET TRADE (2022)-$5.67M

In 2022, Ecuador exported $34.7k in Spice Seeds. The main destinations of Ecuador exports on Spice Seeds were United States ($20.9k), Spain ($12.5k), Colombia ($1.2k), France ($104), and Luxembourg ($9).

In 2022, Ecuador imported $5.7M in Spice Seeds, mainly from India ($3.58M), Vietnam ($947k), Spain ($326k), Syria ($261k), and Egypt ($145k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spice Seeds EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$18.3k (699%)
Spain$1.13k (9.98%)
France$104 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spice Seeds BY Ecuador WERE (2021 - 2022):
Panama-$14.4k (-100%)
Colombia-$4.17k (-77.6%)
Canada-$44 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Spice Seeds were:
India $618M
Vietnam $89.5M
China $84.7M
In 2022, Ecuador's main importing competitors in Spice Seeds were:
China $136M
India $119M
United States $99.7M

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Trade Value of Spice Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $22.5k
TOP IMPORT POTENTIALChina+ $82.2k

Spice Seeds’s highest export potential is United States. With an export gap of $22.5k.   Spice Seeds’s highest import potential is China with an import gap of $82.2k.

See methodology.

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