Ecuador / Norway

Overview In December 2021, Ecuador exported $1.59M and imported $462k from Norway, resulting in a positive trade balance of $1.12M. Between December 2020 and December 2021 the exports of Ecuador have increased by $339k (27.2%) from $1.25M to $1.59M, while imports decreased by $-396k (-46.1%) from $858k to $462k.

Trade In December 2021, the top exports of Ecuador to Norway were Bananas ($1M), Frozen Vegetables ($65.7k), Frozen Fruits and Nuts ($43.4k), Animal Meal and Pellets ($25.5), and Peptones ($18). In December 2021 the top imports of Ecuador from Norway were Mixed Mineral or Chemical Fertilizers ($68k), Interchangeable Tool Parts ($41.3k), Surveying Equipment ($33.7k), Electrical Control Boards ($31.1k), and Transmissions ($27.5k).

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($1.59M), Guayaquil-Aéreo ($10), and Quito ($8.83), while imports destinations were mainly Quito ($319k), Guayaquil-Marítimo ($89.6k), Guayaquil-Aéreo ($53.8k), and Tulcán ($137).

Growth In December 2021, the increase in Ecuador's year-by-year exports to Norway was explained primarily by an increase in product exports in Frozen Fruits and Nuts ($21.6k or 98.9%). In December 2021, the decrease in Ecuador's year-by-year imports  from Norway was explained primarily by an decrease in product imports  in Mixed Mineral or Chemical Fertilizers ($-33.9k or -33.3%), Hydrometers ($-20.8k or -56.3%), and Valves ($-8.32k or -55.4%).