Ecuador / Mexico

Overview In December 2021, Ecuador exported $12.9M and imported $56.5M from Mexico, resulting in a negative trade balance of $43.6M. Between December 2020 and December 2021 the exports of Ecuador have increased by $6.65M (106%) from $6.25M to $12.9M, while imports decreased by $-5.08M (-8.25%) from $61.5M to $56.5M.

Trade In December 2021, the top exports of Ecuador to Mexico were Cocoa Beans ($3.01M), Iron Stovetops ($2.07M), Processed Fish ($668k), Confectionery Sugar ($273k), and Electric Batteries ($193k). In December 2021 the top imports of Ecuador from Mexico were Packaged Medicaments ($5.84M), Cars ($4.06M), Computers ($2.14M), Hair Products ($1.76M), and Ethylene Polymers ($1.35M).

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($8.23M), Esmeraldas ($4.3M), Quito ($359k), and Guayaquil-Aéreo ($12.2k), while imports destinations were mainly Guayaquil-Marítimo ($42.6M), Quito ($6.48M), Manta ($4.27M), Guayaquil-Aéreo ($1.26M), and Tulcán ($1.2M).

Growth In December 2021, the increase in Ecuador's year-by-year exports to Mexico was explained primarily by an increase in product exports in Confectionery Sugar ($117k or 75.3%), Glues ($49.4k or 74.8%), and Jams ($38.9k or 353%). In December 2021, the decrease in Ecuador's year-by-year imports  from Mexico was explained primarily by an decrease in product imports  in Cars ($-1.38M or -25.3%), Malt Extract ($-1.14M or -65.4%), and Medical Instruments ($-897k or -62%).