Overview: In April 2020 Ecuador exported $1.01B and imported $920M, resulting in a positive trade balance of $86M. Between April 2019 and April 2020 the exports of Ecuador have decreased by $-255M (-20.2%) from $1.26B to $1.01B, while imports decreased by $-552M (-37.5%) from $1.47B to $920M.
Trade: In April 2020 the top exports of Ecuador were Bananas ($331M), Crustaceans ($331M), Processed Fish ($79.1M), Cocoa Beans ($40.9M), and Cut Flowers ($32.1M). In April 2020 the top imports of Ecuador were Packaged Medicaments ($58.5M), Soybean Meal ($48.3M), Animal Food ($24.8M), Pesticides ($23.5M), and Wheat ($23.4M).
Origins: In April 2020 the exports of Ecuador were mainly from Guayaquil-Marítimo ($836M), Puerto Bolívar ($67.8M), Quito ($37M), Manta ($22.7M), and Guayaquil-Aéreo ($19.5M), while imports destinations were mainly Guayaquil-Marítimo ($692M), Quito ($111M), Guayaquil-Aéreo ($35.2M), Tulcán ($26.8M), and Huaquillas ($25.7M).
Destinations: In April 2020 Ecuador exported mostly to China ($309M), United States ($189M), Russia ($62.4M), Netherlands ($35.7M), and Colombia ($31.1M), and imported mostly from China ($180M), United States ($159M), Colombia ($79.2M), Brazil ($51.5M), and Germany ($47.7M).
Growth: In April 2020, the decrease in Ecuador's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-60.9M or -98.8%), United States ($-52M or -21.5%), and Colombia ($-30.1M or -49.2%), and product exports decrease in Cut Flowers ($-134M or -80.7%), Processed Fish ($-23.9M or -23.2%), and Spark-Ignition Engines ($-10M or -100%). In April 2020, the decrease in Ecuador's year-by-year imports was explained primarily by a decrease in imports from China ($-159M or -46.9%), Colombia ($-69M or -46.6%), and United States ($-59M or -27.1%), and product imports decrease in Cars ($-65.9M or -95.4%), Cranes ($-42.3M or -97.2%), and Delivery Trucks ($-36.9M or -89.1%).