Overview In December 2021 Quito exported $44.2M and imported $238M, resulting in a negative trade balance of $194M. Between December 2020 and December 2021 the exports of Quito have decreased by $-205M (-82.3%) from $249M to $44.2M, while imports increased by $50.4M (26.8%) from $188M to $238M.
Trade In December 2021, the top exports of Quito were Cut Flowers ($29.8M), Other Fruits ($3.11M), Gold ($1.87M), Aircraft parts (gliders, balloons, and powered... ($1.61M), and Packaged Medicaments ($781k). In December 2021 the top imports of Quito were Vaccines, blood, antisera, toxins and cultures ($45.9M), Packaged Medicaments ($36.9M), Telephones ($20.5M), Computers ($15.8M), and Medical Instruments ($5.6M).
Destinations In December 2021, Quito exported mostly to Kazakhstan ($10.1M), United States ($9.1M), Russia ($2.26M), Chile ($1.94M), and Georgia ($1.92M), and imported mostly from United States ($45.7M), China ($41.2M), Brazil ($19.6M), Germany ($13M), and Colombia ($11.1M).
Growth In December 2021, the decrease in Quito's year-by-year exports was explained primarily by an decrease in exports to United States ($-27.2M or -74.9%), Croatia ($-18.3M or -99.9%), and Trinidad and Tobago ($-17.9M or -99.1%), and product exports decrease in Cut Flowers ($-201M or -87.1%), Non-fillet Fresh Fish ($-1.71M or -97.7%), and Plant foliage ($-921k or -95.1%). In December 2021, the increase in Quito's year-by-year imports was explained primarily by an increase in imports from Brazil ($9.42M or 92.2%), United States ($9.36M or 25.7%), and Belgium ($9.11M or 935%), and product imports increase in Vaccines, blood, antisera, toxins and cultures ($33.9M or 282%), Packaged Medicaments ($14.1M or 61.5%), and Electrical Transformers ($1.94M or 339%).