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2023
Exports $4.14MWorld Rnk 27 / 137
Flag Rnk 130 / 1002
2023
Destination $997k Germany
2022 - 2023
FASTEST GROWING MARKET $997kChina
2023
PRODUCT COMPLEXITY IN Vegetable or Animal Dyes0.15Rnk 504 / 1025
2023
Imports $5.24MWorld Rnk 46 / 198
Flag Rnk 474 / 1173
2023
Origin $123k China
2022 - 2023
FASTEST GROWING ORIGIN $123kUnited States
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $4.14M in Vegetable or Animal Dyes, making it the 27th largest exporter of Vegetable or Animal Dyes in the world. At the same year, Vegetable or Animal Dyes was the 130th most exported product in Ecuador. The main destination of Vegetable or Animal Dyes exports from Ecuador are: Germany ($1.75M), China ($1.15M), Japan ($365k), United States ($322k), and Denmark ($244k).

The fastest growing export markets for Vegetable or Animal Dyes of Ecuador between 2022 and 2023 were China ($997k), United States ($94.3k), and Belgium ($6.93k).

Imports In 2023, Ecuador imported $5.24M in Vegetable or Animal Dyes, becoming the 46th largest importer of Vegetable or Animal Dyes in the world. At the same year, Vegetable or Animal Dyes was the 474th most imported product in Ecuador. Ecuador imports Vegetable or Animal Dyes primarily from: China ($2.37M), Peru ($1.54M), United States ($465k), Germany ($201k), and Denmark ($183k).

The fastest growing import markets in Vegetable or Animal Dyes for Ecuador between 2022 and 2023 were United States ($123k), Colombia ($51.7k), and India ($12.5k).

COMPANIES In 2021, leading companies such as Dole Fresh Fruit (399) were at the forefront of shipping Vegetable or Animal Dyes from Ecuador to the United States.

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Vegetable or Animal Dyes exports accounted up to $430k and imports accounted up to $368k, resulting in a positive trade balance of $61.6k. Between December 2020 and December 2021 the exports of Ecuador's   Vegetable or Animal Dyes have increased by $391k (1.01k%) from $38.9k to $430k, while imports decreased by $-109k (-22.8%) from $477k to $368k.

Destinations In December 2021, Vegetable or Animal Dyes were exported mostly to Japan ($313k), China ($52k), Denmark ($28.5k), Mexico ($21.6k), and Netherlands ($14.4k), and were imported mostly from China ($267k), Peru ($38.5k), Germany ($24k), Mexico ($18k), and Brazil ($10.4k).

Growth In December 2021, the increase in Vegetable or Animal Dyes's year-by-year exports was explained primarily by an increase in exports to Denmark ($113k or 58.9%) and China ($62.4k or 150%). In December 2021, the decrease in Vegetable or Animal Dyes's year-by-year imports was explained primarily by a decrease in imports from Peru ($-65.6k or -23.1%), United States ($-9.8k or -25.6%), and Denmark ($-7.11k or -41.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$391k(1.01k%)
IMPORT GROWTH (December 2020 - December 2021)$-109k(-22.8%)
MAIN DESTINATION (December 2021)Japan$313k

This section shows Vegetable or Animal Dyes'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 Vegetable or Animal Dyes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.14M
IMPORTS (2023)$5.24M
NET TRADE (2023)-$1.09M

In 2023, Ecuador exported $4.14M in Vegetable or Animal Dyes. The main destinations of Ecuador exports on Vegetable or Animal Dyes were Germany ($1.75M), China ($1.15M), Japan ($365k), United States ($322k), and Denmark ($244k).

In 2023, Ecuador imported $5.24M in Vegetable or Animal Dyes, mainly from China ($2.37M), Peru ($1.54M), United States ($465k), Germany ($201k), and Denmark ($183k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vegetable or Animal Dyes EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
China$997k (667%)
United States$94.3k (41.5%)
Belgium$6.93k (30.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable or Animal Dyes BY Ecuador WERE (2022 - 2023):
Germany-$556k (-24.1%)
Japan-$527k (-59.1%)
Australia-$119k (-85.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Vegetable or Animal Dyes were:
China $260M
Netherlands $200M
United States $173M
In 2023, Ecuador's main importing competitors in Vegetable or Animal Dyes were:
United States $230M
Germany $122M
Netherlands $122M

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Trade Value of Vegetable or Animal Dyes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $310k
TOP IMPORT POTENTIALPeru+ $268k

Vegetable or Animal Dyes’s highest export potential is United States. With an export gap of $310k.   Vegetable or Animal Dyes’s highest import potential is Peru with an import gap of $268k.

See methodology.

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