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2022
Exports $306kWorld Rnk 85 / 158
Flag Rnk 417 / 1017
2022
Destination $92.8k Chile
2021 - 2022
FASTEST GROWING MARKET $92.8kParaguay
2022
PRODUCT COMPLEXITY IN Amino-resins1.18Rnk 111 / 1025
2022
Imports $29.4MWorld Rnk 73 / 215
Flag Rnk 184 / 1175
2022
Origin $2.99M Colombia
2021 - 2022
FASTEST GROWING ORIGIN $2.99MChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $306k in Amino-resins, making it the 85th largest exporter of Amino-resins in the world. At the same year, Amino-resins was the 417th most exported product in Ecuador. The main destination of Amino-resins exports from Ecuador are: Chile ($119k), Paraguay ($92.8k), Colombia ($56.7k), Peru ($34.5k), and United States ($2.36k).

The fastest growing export markets for Amino-resins of Ecuador between 2021 and 2022 were Paraguay ($92.8k), Peru ($7.14k), and United States ($2.36k).

Imports In 2022, Ecuador imported $29.4M in Amino-resins, becoming the 73rd largest importer of Amino-resins in the world. At the same year, Amino-resins was the 184th most imported product in Ecuador. Ecuador imports Amino-resins primarily from: Colombia ($5.95M), China ($4.96M), United States ($4.31M), Peru ($3.93M), and Brazil ($2.82M).

The fastest growing import markets in Amino-resins for Ecuador between 2021 and 2022 were China ($2.99M), Peru ($845k), and Panama ($758k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Amino-resins exports accounted up to $41.5k and imports accounted up to $1.55M, resulting in a negative trade balance of $1.51M. Between June 2020 and December 2021 the exports of Ecuador's   Amino-resins have increased by $41.4k (60.6k%) from $68.3 to $41.5k, while imports increased by $519k (50.1%) from $1.04M to $1.55M.

Destinations In December 2021, Amino-resins were exported mostly to Colombia ($41.5k), and were imported mostly from Colombia ($369k), United States ($287k), China ($284k), Brazil ($243k), and South Korea ($83.4k).

Growth In December 2021, the increase in Amino-resins's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Amino-resins's year-by-year imports was explained primarily by an increase in imports from United States ($417k or 682%), China ($142k or 58%), and Brazil ($138k or 142%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2020 - December 2021)$41.4k(60.6k%)
IMPORT GROWTH (December 2020 - December 2021)$519k(50.1%)
MAIN DESTINATION (December 2021)Colombia$41.5k

This section shows Amino-resins'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 Amino-resins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$306k
IMPORTS (2022)$29.4M
NET TRADE (2022)-$29.1M

In 2022, Ecuador exported $306k in Amino-resins. The main destinations of Ecuador exports on Amino-resins were Chile ($119k), Paraguay ($92.8k), Colombia ($56.7k), Peru ($34.5k), and United States ($2.36k).

In 2022, Ecuador imported $29.4M in Amino-resins, mainly from Colombia ($5.95M), China ($4.96M), United States ($4.31M), Peru ($3.93M), and Brazil ($2.82M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Amino-resins EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Paraguay$92.8k (1%)
Peru$7.14k (26%)
United States$2.36k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Amino-resins BY Ecuador WERE (2021 - 2022):
Chile-$117k (-49.5%)
Colombia-$60.4k (-51.6%)
Niger-$11.9k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Amino-resins were:
Germany $3.83B
China $3.81B
Belgium $2.23B
In 2022, Ecuador's main importing competitors in Amino-resins were:
China $1.8B
United States $1.72B
Germany $1.69B

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Trade Value of Amino-resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $39.8k
TOP IMPORT POTENTIALChina+ $2.26M

Amino-resins’s highest export potential is Colombia. With an export gap of $39.8k.   Amino-resins’s highest import potential is China with an import gap of $2.26M.

See methodology.

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