Ecuador / Denmark

Overview In December 2021, Ecuador exported $1.73M and imported $3.63M from Denmark, resulting in a negative trade balance of $1.9M. Between December 2020 and December 2021 the exports of Ecuador have decreased by $-1.28M (-42.5%) from $3.01M to $1.73M, while imports increased by $966k (36.3%) from $2.66M to $3.63M.

Trade In December 2021, the top exports of Ecuador to Denmark were Crustaceans ($1.18M), Sawn Wood ($682k), Other Wood Articles ($552k), Bananas ($336k), and Vegetable or Animal Dyes ($305k). In December 2021 the top imports of Ecuador from Denmark were Industrial Food Preperation Machinery ($835k), Enzymes ($493k), Packaged Medicaments ($380k), Vaccines, blood, antisera, toxins and cultures ($173k), and Prepr binder for foundry ($159k).

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($1.7M), Quito ($28.5k), and Guayaquil-Aéreo ($843), while imports destinations were mainly Guayaquil-Marítimo ($2.94M), Guayaquil-Aéreo ($364k), Quito ($321k), and Tulcán ($438).

Growth In December 2021, the decrease in Ecuador's year-by-year exports to Denmark was explained primarily by an decrease in product exports in Other Wood Articles ($-45.5k or -7.61%). In December 2021, the increase in Ecuador's year-by-year imports  from Denmark was explained primarily by an increase in product imports  in Industrial Food Preperation Machinery ($743k or 809%), Packaged Medicaments ($99.2k or 35.3%), and Prepr binder for foundry ($79.4k or 99.4%).