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2022
Exports $333kWorld Rnk 87 / 157
Flag Rnk 401 / 1017
2022
Destination $139k Switzerland
2021 - 2022
FASTEST GROWING MARKET $139kSwitzerland
2022
PRODUCT COMPLEXITY IN Unpackaged Medicaments0.61Rnk 312 / 1025
2022
Imports $7.46MWorld Rnk 88 / 215
Flag Rnk 420 / 1175
2022
Origin $505k China
2021 - 2022
FASTEST GROWING ORIGIN $505kDominican Republic
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $333k in Unpackaged Medicaments, making it the 87th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 401st most exported product in Ecuador. The main destination of Unpackaged Medicaments exports from Ecuador are: Switzerland ($139k), Brazil ($55.1k), Panama ($47.4k), Dominican Republic ($43.9k), and Chile ($41.5k).

The fastest growing export markets for Unpackaged Medicaments of Ecuador between 2021 and 2022 were Switzerland ($139k), Brazil ($52.2k), and Chile ($40.8k).

Imports In 2018, Ecuador imported $7.46M in Unpackaged Medicaments, becoming the 88th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 420th most imported product in Ecuador. Ecuador imports Unpackaged Medicaments primarily from: China ($2.02M), Peru ($1.27M), India ($1.24M), United States ($545k), and Dominican Republic ($507k).

The fastest growing import markets in Unpackaged Medicaments for Ecuador between 2021 and 2022 were Dominican Republic ($505k), China ($283k), and Switzerland ($226k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Unpackaged Medicaments exports accounted up to $5 and imports accounted up to $295k, resulting in a negative trade balance of $295k. Between March 2019 and December 2021 the exports of Ecuador's   Unpackaged Medicaments have decreased by $-2.35k (-99.8%) from $2.35k to $5, while imports increased by $99.4k (50.9%) from $195k to $295k.

Destinations In December 2021, Unpackaged Medicaments were exported mostly to Panama ($5), and were imported mostly from Peru ($114k), Colombia ($56.8k), United States ($53.3k), Spain ($34.7k), and Canada ($23.7k).

Growth In December 2021, the decrease in Unpackaged Medicaments's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Unpackaged Medicaments's year-by-year imports was explained primarily by an increase in imports from Peru ($78.9k or 127%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2019 - December 2021)$-2.35k(-99.8%)
IMPORT GROWTH (December 2020 - December 2021)$99.4k(50.9%)
MAIN DESTINATION (December 2021)Panama$5

This section shows Unpackaged Medicaments'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 Unpackaged Medicaments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$333k
IMPORTS (2022)$7.46M
NET TRADE (2022)-$7.13M

In 2022, Ecuador exported $333k in Unpackaged Medicaments. The main destinations of Ecuador exports on Unpackaged Medicaments were Switzerland ($139k), Brazil ($55.1k), Panama ($47.4k), Dominican Republic ($43.9k), and Chile ($41.5k).

In 2022, Ecuador imported $7.46M in Unpackaged Medicaments, mainly from China ($2.02M), Peru ($1.27M), India ($1.24M), United States ($545k), and Dominican Republic ($507k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Switzerland$139k (1%)
Brazil$52.2k (1.8k%)
Chile$40.8k (5.36k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Ecuador WERE (2021 - 2022):
South Korea-$68k (-100%)
Peru-$20.5k (-100%)
United States-$2.32k (-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 Unpackaged Medicaments were:
United States $1.31B
Israel $1.25B
China $1.05B
In 2022, Ecuador's main importing competitors in Unpackaged Medicaments were:
United States $1.37B
United Kingdom $1.35B
Germany $971M

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $49.1k
TOP IMPORT POTENTIALUnited States+ $484k

Unpackaged Medicaments’s highest export potential is Brazil. With an export gap of $49.1k.   Unpackaged Medicaments’s highest import potential is United States with an import gap of $484k.

See methodology.

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