2022
Exports
$634kWorld Rnk 85 / 176
Flag Rnk 323 / 1017
2022
PRODUCT COMPLEXITY IN Synthetic Coloring Matter
0.71Rnk 271 / 1025
2022
Imports
$30.7MWorld Rnk 58 / 215
Flag Rnk 177 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $634k in Synthetic Coloring Matter, making it the 85th largest exporter of Synthetic Coloring Matter in the world. At the same year, Synthetic Coloring Matter was the 323rd most exported product in Ecuador. The main destination of Synthetic Coloring Matter exports from Ecuador are: Thailand ($298k), El Salvador ($126k), Colombia ($71.6k), Dominican Republic ($64.1k), and Brazil ($38.5k).

The fastest growing export markets for Synthetic Coloring Matter of Ecuador between 2021 and 2022 were Thailand ($297k), El Salvador ($126k), and Dominican Republic ($64.1k).

Imports In 2022, Ecuador imported $30.7M in Synthetic Coloring Matter, becoming the 58th largest importer of Synthetic Coloring Matter in the world. At the same year, Synthetic Coloring Matter was the 177th most imported product in Ecuador. Ecuador imports Synthetic Coloring Matter primarily from: China ($4.99M), Colombia ($4.55M), India ($3.98M), Brazil ($3.29M), and United States ($3.16M).

The fastest growing import markets in Synthetic Coloring Matter for Ecuador between 2021 and 2022 were Netherlands ($837k), United States ($545k), and Peru ($486k).

COMPANIES In 2021, leading companies such as Dole Fresh Fruit (400), Continental Tire (1), and One Banana (1) were at the forefront of shipping Synthetic Coloring Matter from Ecuador to the United States.

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2020 - December 2021)$-50.4k(-93.2%)
IMPORT GROWTH (December 2020 - December 2021)$1.18M(58.5%)
MAIN DESTINATION (December 2021)Peru$3.69k

This section shows Synthetic Coloring Matter'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 Synthetic Coloring Matter over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$634k
IMPORTS (2022)$30.7M
NET TRADE (2022)-$30.1M

In 2022, Ecuador exported $634k in Synthetic Coloring Matter. The main destinations of Ecuador exports on Synthetic Coloring Matter were Thailand ($298k), El Salvador ($126k), Colombia ($71.6k), Dominican Republic ($64.1k), and Brazil ($38.5k).

In 2022, Ecuador imported $30.7M in Synthetic Coloring Matter, mainly from China ($4.99M), Colombia ($4.55M), India ($3.98M), Brazil ($3.29M), and United States ($3.16M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Coloring Matter EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Thailand$297k (79.5k%)
El Salvador$126k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Coloring Matter BY Ecuador WERE (2021 - 2022):
Colombia-$64.6k (-47.4%)
Guatemala-$14.9k (-66.6%)
Peru-$3.9k (-82.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Synthetic Coloring Matter were:
China $3.05B
India $2.92B
Germany $1.36B
In 2022, Ecuador's main importing competitors in Synthetic Coloring Matter were:

Explore Visualizations

Trade Value of Synthetic Coloring Matter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $54.7k
TOP IMPORT POTENTIALIndia+ $2M

Synthetic Coloring Matter’s highest export potential is Brazil. With an export gap of $54.7k.   Synthetic Coloring Matter’s highest import potential is India with an import gap of $2M.

See methodology.

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