Germany / Ecuador

Overview In July 2024, Germany exported €47.5M and imported €57.5M from Ecuador, resulting in a negative trade balance of €10.1M. Between July 2023 and July 2024 the exports of Germany have decreased by €-2.66M (-5.31%) from €50.1M to €47.5M, while imports increased by €3.59M (6.65%) from €53.9M to €57.5M.

Trade In July 2024, the top exports of Germany to Ecuador were Pharmaceutical products (€5.94M), Motor cars and motor caravans (€4.17M), Medical, surgical equipment, orthopaedic apparatus (€3.38M), Other prefabricated chemicals (€2.57M), and Other chemical final products (€2.32M). In July 2024 the top imports of Germany from Ecuador were Tropical and subtropical fruits (€20.7M), Coffee (€11.2M), Fish and crustaceans, molluscs (€5.44M), Other ores and ashes of metals (€4.62M), and Cocoa and cocoa products (€2.28M).

Origins In July 2024 the exports of Germany were mainly from North Rhine-Westphalia (€8.46M), Bavaria (€6.67M), Rhineland-Pfalz (€6.23M), Baden-Württemberg (€4.83M), and Lower Saxony (€3.67M), while imports destinations were mainly Hamburg (€22.3M), North Rhine-Westphalia (€5.91M), Baden-Württemberg (€3.93M), and Bavaria (€3.41M).

Growth In July 2024, the decrease in Germany's year-by-year exports to Ecuador was explained primarily by an decrease in product exports in Aircraft (€-10.4M or -99.7%), Plates and sheets of iron or... (€-3.34M or -91.1%), and Paper and paperboard (€-1.96M or -95.5%). In July 2024, the increase in Germany's year-by-year imports  from Ecuador was explained primarily by an increase in product imports  in Coffee (€10.5M or 1.6k%), Other ores and ashes of metals (€4.31M or 1.39k%), and Vegetable preparations and tinned vegetables (€625k or 67.1%).