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2022
Exports $4.71MWorld Rnk 29 / 140
Flag Rnk 134 / 1017
2022
Destination $1.2M Germany
2021 - 2022
FASTEST GROWING MARKET $1.2MGermany
2022
PRODUCT COMPLEXITY IN Vegetable or Animal Dyes0.45Rnk 382 / 1025
2022
Imports $11.1MWorld Rnk 34 / 201
Flag Rnk 351 / 1175
2022
Origin $2.63M China
2021 - 2022
FASTEST GROWING ORIGIN $2.63MSpain
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $4.71M in Vegetable or Animal Dyes, making it the 29th largest exporter of Vegetable or Animal Dyes in the world. At the same year, Vegetable or Animal Dyes was the 134th most exported product in Ecuador. The main destination of Vegetable or Animal Dyes exports from Ecuador are: Germany ($2.21M), Japan ($954k), Denmark ($842k), Brazil ($182k), and China ($149k).

The fastest growing export markets for Vegetable or Animal Dyes of Ecuador between 2021 and 2022 were Germany ($1.2M), Chinese Taipei ($107k), and France ($6.5k).

Imports In 2022, Ecuador imported $11.1M in Vegetable or Animal Dyes, becoming the 34th largest importer of Vegetable or Animal Dyes in the world. At the same year, Vegetable or Animal Dyes was the 351st most imported product in Ecuador. Ecuador imports Vegetable or Animal Dyes primarily from: China ($4.15M), Spain ($3.82M), Peru ($1.89M), Denmark ($260k), and Germany ($233k).

The fastest growing import markets in Vegetable or Animal Dyes for Ecuador between 2021 and 2022 were Spain ($2.63M), China ($1.12M), and Peru ($572k).

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 (2022)$4.71M
IMPORTS (2022)$11.1M
NET TRADE (2022)-$6.42M

In 2022, Ecuador exported $4.71M in Vegetable or Animal Dyes. The main destinations of Ecuador exports on Vegetable or Animal Dyes were Germany ($2.21M), Japan ($954k), Denmark ($842k), Brazil ($182k), and China ($149k).

In 2022, Ecuador imported $11.1M in Vegetable or Animal Dyes, mainly from China ($4.15M), Spain ($3.82M), Peru ($1.89M), Denmark ($260k), and Germany ($233k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable or Animal Dyes EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Germany$1.2M (119%)
Chinese Taipei$107k (558%)
France$6.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable or Animal Dyes BY Ecuador WERE (2021 - 2022):
Denmark-$514k (-37.9%)
Japan-$491k (-34%)
China-$425k (-74%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Vegetable or Animal Dyes were:
China $251M
Netherlands $193M
United States $177M
In 2022, Ecuador's main importing competitors in Vegetable or Animal Dyes were:
United States $218M
Germany $123M
Spain $97.7M

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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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