Wood Fiberboard in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $20.4M in Wood Fiberboard, making it the 47th largest exporter of Wood Fiberboard in the world. At the same year, Wood Fiberboard was the 67th most exported product in Ecuador. The main destination of Wood Fiberboard exports from Ecuador are: United States ($10.5M), Canada ($4.69M), Colombia ($1.33M), Panama ($1.11M), and Honduras ($1.09M).

The fastest growing export markets for Wood Fiberboard of Ecuador between 2021 and 2022 were United States ($6.32M), Canada ($1.17M), and Honduras ($1.04M).

Imports In 2022, Ecuador imported $26.3M in Wood Fiberboard, becoming the 76th largest importer of Wood Fiberboard in the world. At the same year, Wood Fiberboard was the 194th most imported product in Ecuador. Ecuador imports Wood Fiberboard primarily from: China ($9.51M), Brazil ($6.66M), Chile ($5.4M), Turkey ($1.64M), and Belgium ($891k).

The fastest growing import markets in Wood Fiberboard for Ecuador between 2021 and 2022 were Chile ($1.46M), China ($1.45M), and Brazil ($230k).

COMPANIES In 2021, leading companies such as were at the forefront of shipping Wood Fiberboard from Ecuador to the United States.

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Wood Fiberboard exports accounted up to $1.44M and imports accounted up to $1.83M, resulting in a negative trade balance of $395k. Between December 2020 and December 2021 the exports of Ecuador's Wood Fiberboard have increased by $484k (50.7%) from $955k to $1.44M, while imports decreased by $-91.9k (-4.78%) from $1.93M to $1.83M.

Destinations In December 2021, Wood Fiberboard were exported mostly to United States ($517k), Canada ($456k), Colombia ($181k), Peru ($135k), and Chile ($76.9k), and were imported mostly from Brazil ($574k), China ($360k), Chile ($318k), Germany ($201k), and Turkey ($195k).

Growth In December 2021, the increase in Wood Fiberboard's year-by-year exports was explained primarily by an increase in exports to United States ($73.8k or 38%). In December 2021, the decrease in Wood Fiberboard's year-by-year imports was explained primarily by a decrease in imports from Brazil ($-389k or -30.1%), Chile ($-193k or -36.3%), and Colombia ($-31.3k or -58.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2020 - December 2021)$484k(50.7%)

IMPORT GROWTH (December 2020 - December 2021)$-91.9k(-4.78%)

MAIN DESTINATION (December 2021)United States$517k

This section shows Wood Fiberboard'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 Wood Fiberboard over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$20.4M

IMPORTS (2022)$26.3M

NET TRADE (2022)-$5.87M

In 2022, Ecuador exported $20.4M in Wood Fiberboard. The main destinations of Ecuador exports on Wood Fiberboard were United States ($10.5M), Canada ($4.69M), Colombia ($1.33M), Panama ($1.11M), and Honduras ($1.09M).

In 2022, Ecuador imported $26.3M in Wood Fiberboard, mainly from China ($9.51M), Brazil ($6.66M), Chile ($5.4M), Turkey ($1.64M), and Belgium ($891k).

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