Ecuador / Finland

Overview In December 2021, Ecuador exported $26.4M and imported $5.63M from Finland, resulting in a positive trade balance of $20.7M. Between December 2020 and December 2021 the exports of Ecuador have decreased by $-2.19M (-7.68%) from $28.5M to $26.4M, while imports increased by $336k (6.34%) from $5.3M to $5.63M.

Trade In December 2021, the top exports of Ecuador to Finland were Precious Metal Ore ($14.7M), Bananas ($625k), Cut Flowers ($594k), Frozen Vegetables ($74.7k), and Processed Fish ($43k). In December 2021 the top imports of Ecuador from Finland were Engine Parts ($529k), Kaolin Coated Paper ($126k), Liquid Pumps ($61.8k), Electrical Transformers ($54.8k), and Iron Fasteners ($53.8k).

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($26.1M), Puerto Bolívar ($225k), Manta ($43.4k), and Quito ($26.6k), while imports destinations were mainly Guayaquil-Marítimo ($4.84M), Quito ($729k), Guayaquil-Aéreo ($61.8k), and Huaquillas ($8.25k).

Growth In December 2021, the decrease in Ecuador's year-by-year exports to Finland was explained primarily by an decrease in product exports in Precious Metal Ore ($-13.6M or -48%), Bananas ($-713k or -53.3%), and Processed Fish ($-269k or -86.2%). In December 2021, the increase in Ecuador's year-by-year imports  from Finland was explained primarily by an increase in product imports  in Electrical Transformers ($53k or 2.8k%), Machinery Having Individual Functions ($46.9k or 4.91k%), and Cellulose Fibers Paper ($26.1k or 173%).