India / Ecuador

Overview In August 2024, India exported $30.1M and imported $15.7M from Ecuador, resulting in a positive trade balance of $14.4M. Between August 2023 and August 2024 the exports of India have decreased by $-7.49M (-19.9%) from $37.6M to $30.1M, while imports decreased by $-46.6M (-74.8%) from $62.3M to $15.7M.

Trade In August 2024, the top exports of India to Ecuador were Motor Vehicle/Cars ($7.84M), Marine Products ($2.91M), Drug Formulations, Biologicals ($2.86M), Aluminium, Products Of Aluminm ($1.83M), and Auto Components/Parts ($1.2M). In August 2024 the top imports of India from Ecuador were Other Wood And Wood Products ($6.97M), Plywood And Allied Products ($642k), Iron And Steel ($48.6k), Floricltr Products ($36.1k), and Othr Rubber Prodct Excpt Footw ($35.8k).

Growth In August 2024, the decrease in India's year-by-year exports to Ecuador was explained primarily by an decrease in product exports in Aluminium, Products Of Aluminm ($-2.49M or -57.7%), Iron And Steel ($-2.21M or -93.6%), and Organic Chemicals ($-936k or -92.6%). In August 2024, the decrease in India's year-by-year imports  from Ecuador was explained primarily by an decrease in product imports  in Plywood And Allied Products ($-158k or -19.7%).