Overview In August 2021 Guayaquil-Marítimo exported $1.17B and imported $1.17B, resulting in a negative trade balance of $570k. Between August 2020 and August 2021 the exports of Guayaquil-Marítimo have increased by $258M (28.2%) from $915M to $1.17B, while imports increased by $510M (76.9%) from $663M to $1.17B.
Trade In August 2021, the top exports of Guayaquil-Marítimo were Crustaceans ($465M), Bananas ($226M), Processed Fish ($79.7M), Cocoa Beans ($75M), and Precious Metal Ore ($51.8M). In August 2021 the top imports of Guayaquil-Marítimo were Soybean Meal ($65.6M), Coated Flat-Rolled Iron ($33.2M), Packaged Medicaments ($30.3M), Pesticides ($26.2M), and Ethylene Polymers ($24.5M).
Destinations In August 2021, Guayaquil-Marítimo exported mostly to United States ($256M), China ($250M), Spain ($65.6M), Russia ($42.9M), and Netherlands ($39.8M), and imported mostly from China ($406M), United States ($159M), Brazil ($50M), Mexico ($47.4M), and Colombia ($46M).
Growth In August 2021, the increase in Guayaquil-Marítimo's year-by-year exports was explained primarily by an increase in exports to China ($119M or 90.9%), United States ($33.1M or 14.8%), and Spain ($28.2M or 75.5%), and product exports increase in Crustaceans ($219M or 89.4%), Cut Flowers ($10.1M or 128%), and Processed Fish ($9.78M or 14%). In August 2021, the increase in Guayaquil-Marítimo's year-by-year imports was explained primarily by an increase in imports from China ($187M or 85.4%), United States ($86.7M or 119%), and Russia ($23.2M or 667%), and product imports increase in Soybean Meal ($33.9M or 107%), Coated Flat-Rolled Iron ($26.3M or 380%), and Wheat ($16.3M or 313%).