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2023
Exports $56.4kWorld Rnk 124 / 188
Flag Rnk 586 / 1002
2023
Destination $35.7k United States
2022 - 2023
FASTEST GROWING MARKET $35.7kUnited States
2023
PRODUCT COMPLEXITY IN Wine-1.07Rnk 849 / 1025
2023
Imports $29.9MWorld Rnk 71 / 226
Flag Rnk 167 / 1173
2023
Origin $615k Chile
2022 - 2023
FASTEST GROWING ORIGIN $615kItaly
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

About

Overview In December 2021 Ecuador's Wine exports accounted up to $2.1k and imports accounted up to $2.2M, resulting in a negative trade balance of $2.2M. Between February 2019 and December 2021 the exports of Ecuador's   Wine have increased by $1.91k (1.04k%) from $185 to $2.1k, while imports increased by $218k (11%) from $1.98M to $2.2M.

Destinations In December 2021, Wine were exported mostly to Panama ($2.1k), and were imported mostly from Chile ($859k), Argentina ($496k), Spain ($381k), Italy ($283k), and France ($160k).

Growth In December 2021, the increase in Wine's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Wine's year-by-year imports was explained primarily by an increase in imports from France ($188k or 291%), Italy ($133k or 153%), and Spain ($52.8k or 22.2%).

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).

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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%)
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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:
United States $6.84B
United Kingdom $4.94B
Germany $2.94B

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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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