Guayaquil-Marítimo

Overview In December 2021 Guayaquil-Marítimo exported $1.25B and imported $1.21B, resulting in a positive trade balance of $40.8M. Between December 2020 and December 2021 the exports of Guayaquil-Marítimo have increased by $205M (19.6%) from $1.05B to $1.25B, while imports increased by $277M (29.7%) from $933M to $1.21B.

Trade In December 2021, the top exports of Guayaquil-Marítimo were Crustaceans ($514M), Bananas ($254M), Processed Fish ($78.9M), Cocoa Beans ($76.4M), and Precious Metal Ore ($50.6M). In December 2021 the top imports of Guayaquil-Marítimo were Soybean Meal ($74M), Coated Flat-Rolled Iron ($34.5M), Pesticides ($29.6M), Hot-Rolled Iron ($28.7M), and Nitrogenous Fertilizers ($27.7M).

Destinations In December 2021, Guayaquil-Marítimo exported mostly to China ($279M), United States ($260M), Russia ($60.7M), Spain ($55.7M), and Italy ($47.6M), and imported mostly from China ($439M), United States ($134M), Brazil ($66.1M), Colombia ($43.4M), and Mexico ($42.6M).

Growth In December 2021, the increase in Guayaquil-Marítimo's year-by-year exports was explained primarily by an increase in exports to China ($156M or 128%), Spain ($32.7M or 143%), and Italy ($23M or 93.6%), and product exports increase in Crustaceans ($281M or 121%), Cut Flowers ($10.2M or 123%), and Coffee and Tea Extracts ($8.71M or 138%). In December 2021, the increase in Guayaquil-Marítimo's year-by-year imports was explained primarily by an increase in imports from China ($135M or 44.5%), Argentina ($27.7M or 257%), and Brazil ($21.8M or 49.3%), and product imports increase in Soybean Meal ($32.4M or 77.8%), Coated Flat-Rolled Iron ($16.9M or 96.2%), and Other Iron Products ($12.3M or 420%).