Ecuador / Germany

Overview In December 2021, Ecuador exported $26.7M and imported $44.8M from Germany, resulting in a negative trade balance of $18.1M. Between December 2020 and December 2021 the exports of Ecuador have decreased by $-19.7M (-42.5%) from $46.4M to $26.7M, while imports increased by $1.3M (2.98%) from $43.5M to $44.8M.

Trade In December 2021, the top exports of Ecuador to Germany were Bananas ($15.5M), Cut Flowers ($13.5M), Precious Metal Ore ($4.61M), Cocoa Beans ($2.99M), and Processed Fish ($1.77M). In December 2021 the top imports of Ecuador from Germany were Packaged Medicaments ($4.5M), Vaccines, blood, antisera, toxins and cultures ($2.44M), Medical Instruments ($2.43M), Cars ($2.14M), and Pesticides ($1.86M).

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($22.9M), Puerto Bolívar ($1.92M), Manta ($1.44M), Quito ($364k), and Guayaquil-Aéreo ($39.6k), while imports destinations were mainly Guayaquil-Marítimo ($22.6M), Quito ($13M), Puerto Bolívar ($5.3M), Guayaquil-Aéreo ($2.77M), and Manta ($843k).

Growth In December 2021, the decrease in Ecuador's year-by-year exports to Germany was explained primarily by an decrease in product exports in Bananas ($-2.13M or -12.1%), Processed Fish ($-1.24M or -41.2%), and Hats ($-231k or -88.5%). In December 2021, the increase in Ecuador's year-by-year imports  from Germany was explained primarily by an increase in product imports  in Vaccines, blood, antisera, toxins and cultures ($1.35M or 123%), Coated Flat-Rolled Iron ($1.15M or 223%), and Pesticides ($1.06M or 132%).