2023
Exports
$1.19MWorld Rnk 76 / 197
Flag Rnk 236 / 1002
2023
PRODUCT COMPLEXITY IN Tea
-1.68Rnk 971 / 1025
2023
Imports
$655kWorld Rnk 154 / 224
Flag Rnk 825 / 1173
2023
ECONOMIC COMPLEXITY of Ecuador
-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $1.19M in Tea, making it the 76th largest exporter of Tea in the world. At the same year, Tea was the 236th most exported product in Ecuador. The main destination of Tea exports from Ecuador are: United States ($732k), Costa Rica ($131k), Colombia ($93.3k), Uruguay ($82.6k), and Canada ($82.6k).

The fastest growing export markets for Tea of Ecuador between 2022 and 2023 were Canada ($82.2k), United States ($57.2k), and Saudi Arabia ($2.13k).

Imports In 2023, Ecuador imported $655k in Tea, becoming the 154th largest importer of Tea in the world. At the same year, Tea was the 825th most imported product in Ecuador. Ecuador imports Tea primarily from: United States ($240k), China ($142k), Chile ($78k), Germany ($45.9k), and Spain ($26.2k).

The fastest growing import markets in Tea for Ecuador between 2022 and 2023 were United States ($165k), China ($37.5k), and Spain ($26.2k).

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-14.8k(-11.8%)
IMPORT GROWTH (December 2020 - December 2021)$28.6k(417%)
MAIN DESTINATION (December 2021)United States$81.4k

This section shows Tea'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 Tea over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.19M
IMPORTS (2023)$655k
NET TRADE (2023)$539k

In 2023, Ecuador exported $1.19M in Tea. The main destinations of Ecuador exports on Tea were United States ($732k), Costa Rica ($131k), Colombia ($93.3k), Uruguay ($82.6k), and Canada ($82.6k).

In 2023, Ecuador imported $655k in Tea, mainly from United States ($240k), China ($142k), Chile ($78k), Germany ($45.9k), and Spain ($26.2k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Canada$82.2k (25.9k%)
United States$57.2k (8.48%)
Saudi Arabia$2.13k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Ecuador WERE (2022 - 2023):
Colombia-$191k (-67.2%)
Costa Rica-$65.1k (-33.1%)
Malaysia-$18.8k (-31.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Tea were:
China $1.39B
Kenya $1.37B
In 2023, Ecuador's main importing competitors in Tea were:

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Trade Value of Tea by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $435k
TOP IMPORT POTENTIALChina+ $112k

Tea’s highest export potential is United States. With an export gap of $435k.   Tea’s highest import potential is China with an import gap of $112k.

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