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2023
Exports $548kWorld Rnk 87 / 166
Flag Rnk 320 / 1002
2023
Destination $104k Peru
2022 - 2023
FASTEST GROWING MARKET $104kPeru
2023
PRODUCT COMPLEXITY IN Acrylic Polymers1.2Rnk 105 / 1025
2023
Imports $29.5MWorld Rnk 70 / 212
Flag Rnk 170 / 1173
2023
Origin $1.75M South Korea
2022 - 2023
FASTEST GROWING ORIGIN $1.75MChinese Taipei
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $548k in Acrylic Polymers, making it the 87th largest exporter of Acrylic Polymers in the world. At the same year, Acrylic Polymers was the 320th most exported product in Ecuador. The main destination of Acrylic Polymers exports from Ecuador are: Peru ($200k), United States ($199k), Colombia ($111k), Mexico ($28.4k), and Italy ($4.48k).

The fastest growing export markets for Acrylic Polymers of Ecuador between 2022 and 2023 were Peru ($104k), Italy ($4.48k), and Bolivia ($3.61k).

Imports In 2023, Ecuador imported $29.5M in Acrylic Polymers, becoming the 70th largest importer of Acrylic Polymers in the world. At the same year, Acrylic Polymers was the 170th most imported product in Ecuador. Ecuador imports Acrylic Polymers primarily from: South Korea ($8.2M), Colombia ($4.38M), United States ($3.92M), China ($2.15M), and Chinese Taipei ($2.09M).

The fastest growing import markets in Acrylic Polymers for Ecuador between 2022 and 2023 were Chinese Taipei ($1.75M), Egypt ($240k), and Canada ($205k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Acrylic Polymers exports accounted up to $520k and imports accounted up to $3.1M, resulting in a negative trade balance of $2.58M. Between December 2020 and December 2021 the exports of Ecuador's   Acrylic Polymers have increased by $505k (3.2k%) from $15.8k to $520k, while imports increased by $597k (23.8%) from $2.5M to $3.1M.

Destinations In December 2021, Acrylic Polymers were exported mostly to Colombia ($456k), United States ($48.3k), and Peru ($16.3k), and were imported mostly from United States ($571k), China ($546k), South Korea ($507k), Colombia ($479k), and United Kingdom ($324k).

Growth In December 2021, the increase in Acrylic Polymers's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Acrylic Polymers's year-by-year imports was explained primarily by an increase in imports from United States ($274k or 125%), Colombia ($72.9k or 30.5%), and Spain ($34.8k or 96.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$505k(3.2k%)
IMPORT GROWTH (December 2020 - December 2021)$597k(23.8%)
MAIN DESTINATION (December 2021)Colombia$456k

This section shows Acrylic Polymers's exports and imports data at subnational level for Ecuador. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Acrylic Polymers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$548k
IMPORTS (2023)$29.5M
NET TRADE (2023)-$28.9M

In 2023, Ecuador exported $548k in Acrylic Polymers. The main destinations of Ecuador exports on Acrylic Polymers were Peru ($200k), United States ($199k), Colombia ($111k), Mexico ($28.4k), and Italy ($4.48k).

In 2023, Ecuador imported $29.5M in Acrylic Polymers, mainly from South Korea ($8.2M), Colombia ($4.38M), United States ($3.92M), China ($2.15M), and Chinese Taipei ($2.09M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Acrylic Polymers EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Peru$104k (109%)
Italy$4.48k (1%)
Bolivia$3.61k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Acrylic Polymers BY Ecuador WERE (2022 - 2023):
United States-$1.52M (-88.5%)
Mexico-$368k (-92.8%)
Qatar-$191k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Acrylic Polymers were:
Germany $2.67B
China $1.98B
United States $1.9B
In 2023, Ecuador's main importing competitors in Acrylic Polymers were:
China $2.17B
United States $1.16B
Germany $1.1B

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Trade Value of Acrylic Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.02M
TOP IMPORT POTENTIALChina+ $1.89M

Acrylic Polymers’s highest export potential is United States. With an export gap of $1.02M.   Acrylic Polymers’s highest import potential is China with an import gap of $1.89M.

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