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Pricing

2022
Exports $11.7MWorld Rnk 50 / 142
Flag Rnk 82 / 1017
2022
Destination $1.14M Colombia
2021 - 2022
FASTEST GROWING MARKET $1.14MDominican Republic
2022
PRODUCT COMPLEXITY IN Alcohol > 80% ABV-0.82Rnk 784 / 1025
2022
Imports $12.5MWorld Rnk 59 / 209
Flag Rnk 335 / 1175
2022
Origin $2.85M Peru
2021 - 2022
FASTEST GROWING ORIGIN $2.85MPeru
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $11.7M in Alcohol > 80% ABV, making it the 50th largest exporter of Alcohol > 80% ABV in the world. At the same year, Alcohol > 80% ABV was the 82nd most exported product in Ecuador. The main destination of Alcohol > 80% ABV exports from Ecuador are: Colombia ($4.72M), Venezuela ($3.99M), Dominican Republic ($1.37M), Peru ($1.08M), and Panama ($445k).

The fastest growing export markets for Alcohol > 80% ABV of Ecuador between 2021 and 2022 were Dominican Republic ($1.14M), Colombia ($453k), and Italy ($28.1k).

Imports In 2022, Ecuador imported $12.5M in Alcohol > 80% ABV, becoming the 59th largest importer of Alcohol > 80% ABV in the world. At the same year, Alcohol > 80% ABV was the 335th most imported product in Ecuador. Ecuador imports Alcohol > 80% ABV primarily from: Peru ($10.5M), Colombia ($1.82M), United States ($42.6k), France ($32.9k), and Germany ($32.4k).

The fastest growing import markets in Alcohol > 80% ABV for Ecuador between 2021 and 2022 were Peru ($2.85M), Colombia ($383k), and United Kingdom ($15.8k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Alcohol > 80% ABV exports accounted up to $783k and imports accounted up to $103k, resulting in a positive trade balance of $681k. Between December 2020 and December 2021 the exports of Ecuador's   Alcohol > 80% ABV have decreased by $-1.69M (-68.3%) from $2.47M to $783k, while imports increased by $102k (9.26k%) from $1.1k to $103k.

Destinations In December 2021, Alcohol > 80% ABV were exported mostly to Colombia ($325k), Venezuela ($296k), Peru ($69.6k), Dominican Republic ($50.5k), and Panama ($41.7k), and were imported mostly from Peru ($103k) and Germany ($192).

Growth In December 2021, the decrease in Alcohol > 80% ABV's year-by-year exports was explained primarily by a decrease in exports to Colombia ($-95.5k or -16%). In December 2021, the increase in Alcohol > 80% ABV's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-1.69M(-68.3%)
IMPORT GROWTH (November 2020 - December 2021)$102k(9.26k%)
MAIN DESTINATION (December 2021)Colombia$325k

This section shows Alcohol > 80% ABV'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 Alcohol > 80% ABV over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.7M
IMPORTS (2022)$12.5M
NET TRADE (2022)-$867k

In 2022, Ecuador exported $11.7M in Alcohol > 80% ABV. The main destinations of Ecuador exports on Alcohol > 80% ABV were Colombia ($4.72M), Venezuela ($3.99M), Dominican Republic ($1.37M), Peru ($1.08M), and Panama ($445k).

In 2022, Ecuador imported $12.5M in Alcohol > 80% ABV, mainly from Peru ($10.5M), Colombia ($1.82M), United States ($42.6k), France ($32.9k), and Germany ($32.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Alcohol > 80% ABV EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Dominican Republic$1.14M (500%)
Colombia$453k (10.6%)
Italy$28.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Alcohol > 80% ABV BY Ecuador WERE (2021 - 2022):
Venezuela-$1.52M (-27.6%)
Panama-$937k (-67.8%)
Peru-$89.4k (-7.62%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Alcohol > 80% ABV were:
United States $4.14B
Brazil $1.8B
Netherlands $1.69B
In 2022, Ecuador's main importing competitors in Alcohol > 80% ABV were:
Netherlands $2.53B
Germany $1.64B
Canada $1.52B

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Trade Value of Alcohol > 80% ABV by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $532k
TOP IMPORT POTENTIALUnited States+ $208k

Alcohol > 80% ABV’s highest export potential is Peru. With an export gap of $532k.   Alcohol > 80% ABV’s highest import potential is United States with an import gap of $208k.

See methodology.

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