2023
Exports
$56.4kWorld Rnk 124 / 188
Flag Rnk 586 / 1002
2023
PRODUCT COMPLEXITY IN Wine
-1.07Rnk 849 / 1025
2023
Imports
$29.9MWorld Rnk 71 / 226
Flag Rnk 167 / 1173
2023
ECONOMIC COMPLEXITY of Ecuador
-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $56.4k in Wine, making it the 124th largest exporter of Wine in the world. At the same year, Wine was the 586th most exported product in Ecuador. The main destination of Wine exports from Ecuador are: United States ($36.7k), France ($9.53k), Panama ($5.91k), Iceland ($3.02k), and Ghana ($877).

The fastest growing export markets for Wine of Ecuador between 2022 and 2023 were United States ($35.7k), France ($9.44k), and Iceland ($3.02k).

Imports In 2023, Ecuador imported $29.9M in Wine, becoming the 71st largest importer of Wine in the world. At the same year, Wine was the 167th most imported product in Ecuador. Ecuador imports Wine primarily from: Chile ($9.95M), Italy ($6.85M), Spain ($5.06M), Argentina ($4.26M), and France ($2.24M).

The fastest growing import markets in Wine for Ecuador between 2022 and 2023 were Italy ($615k), United States ($49.5k), and Brazil ($35.9k).

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2019 - December 2021)$1.91k(1.04k%)
IMPORT GROWTH (December 2020 - December 2021)$218k(11%)
MAIN DESTINATION (December 2021)Panama$2.1k

This section shows Wine'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 Wine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$56.4k
IMPORTS (2023)$29.9M
NET TRADE (2023)-$29.9M

In 2023, Ecuador exported $56.4k in Wine. The main destinations of Ecuador exports on Wine were United States ($36.7k), France ($9.53k), Panama ($5.91k), Iceland ($3.02k), and Ghana ($877).

In 2023, Ecuador imported $29.9M in Wine, mainly from Chile ($9.95M), Italy ($6.85M), Spain ($5.06M), Argentina ($4.26M), and France ($2.24M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
United States$35.7k (3.57k%)
France$9.44k (11.4k%)
Iceland$3.02k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Ecuador WERE (2022 - 2023):
Germany-$39k (-100%)
Colombia-$30.4k (-100%)
Panama-$20k (-77.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Wine were:
France $13.6B
Italy $8.73B
Spain $3.78B
In 2023, Ecuador's main importing competitors in Wine were:

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $61.4k
TOP IMPORT POTENTIALFrance+ $2.08M

Wine’s highest export potential is Germany. With an export gap of $61.4k.   Wine’s highest import potential is France with an import gap of $2.08M.

See methodology.

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