Ink in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $166k in Ink, making it the 100th largest exporter of Ink in the world. At the same year, Ink was the 489th most exported product in Ecuador. The main destination of Ink exports from Ecuador are: Ireland ($92.7k), Colombia ($65.8k), Peru ($5.95k), United States ($903), and Poland ($684).

The fastest growing export markets for Ink of Ecuador between 2021 and 2022 were Colombia ($61.3k), United States ($903), and Poland ($684).

Imports In 2022, Ecuador imported $31.2M in Ink, becoming the 65th largest importer of Ink in the world. At the same year, Ink was the 175th most imported product in Ecuador. Ecuador imports Ink primarily from: Colombia ($6.94M), United States ($6.93M), China ($2.83M), Guatemala ($1.78M), and Israel ($1.76M).

The fastest growing import markets in Ink for Ecuador between 2021 and 2022 were Colombia ($2.05M), United States ($1.18M), and Brazil ($675k).

Latest Trends

July 2021

About

Overview In July 2021 Ecuador's Ink exports accounted up to $2.25k and imports accounted up to $3.36M, resulting in a negative trade balance of $3.36M. Between October 2019 and July 2021 the exports of Ecuador's Ink have decreased by $-11.5k (-83.6%) from $13.7k to $2.25k, while imports increased by $1.24M (58.4%) from $2.12M to $3.36M.

Destinations In July 2021, Ink were exported mostly to , and were imported mostly from Colombia ($735k), United States ($641k), Philippines ($379k), China ($300k), and Indonesia ($228k).

Growth In July 2021, the decrease in Ink's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Ink's year-by-year imports was explained primarily by an increase in imports from Philippines ($99.7k or 192%), Peru ($66.8k or 2.03k%), and Italy ($24k or 301%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2019 - July 2021)$-11.5k(-83.6%)

IMPORT GROWTH (December 2020 - December 2021)$1.24M(58.4%)

MAIN DESTINATION (July 2021)

This section shows Ink'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 Ink over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$166k

IMPORTS (2022)$31.2M

NET TRADE (2022)-$31M

In 2022, Ecuador exported $166k in Ink. The main destinations of Ecuador exports on Ink were Ireland ($92.7k), Colombia ($65.8k), Peru ($5.95k), United States ($903), and Poland ($684).

In 2022, Ecuador imported $31.2M in Ink, mainly from Colombia ($6.94M), United States ($6.93M), China ($2.83M), Guatemala ($1.78M), and Israel ($1.76M).

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