Animal Food in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $103M in Animal Food, making it the 47th largest exporter of Animal Food in the world. At the same year, Animal Food was the 24th most exported product in Ecuador. The main destination of Animal Food exports from Ecuador are: Peru ($57.5M), United States ($12M), Colombia ($11.9M), Panama ($8.09M), and Honduras ($5.18M).

The fastest growing export markets for Animal Food of Ecuador between 2021 and 2022 were Peru ($13.4M), Panama ($6.95M), and Colombia ($5.32M).

Imports In 2022, Ecuador imported $421M in Animal Food, becoming the 31st largest importer of Animal Food in the world. At the same year, Animal Food was the 10th most imported product in Ecuador. Ecuador imports Animal Food primarily from: Peru ($256M), United States ($30.7M), Colombia ($25.1M), Guatemala ($23.5M), and Brazil ($12.9M).

The fastest growing import markets in Animal Food for Ecuador between 2021 and 2022 were Peru ($77M), Guatemala ($9.71M), and Colombia ($6.99M).

COMPANIES In 2021, leading companies such as were at the forefront of shipping Animal Food from Ecuador to the United States.

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Animal Food exports accounted up to $8.78M and imports accounted up to $27.7M, resulting in a negative trade balance of $18.9M. Between December 2020 and December 2021 the exports of Ecuador's Animal Food have increased by $2M (29.6%) from $6.77M to $8.78M, while imports increased by $8.87M (47.1%) from $18.8M to $27.7M.

Destinations In December 2021, Animal Food were exported mostly to Peru ($4.89M), Honduras ($1.28M), United States ($1.1M), Colombia ($564k), and Germany ($402k), and were imported mostly from Peru ($17.1M), Colombia ($2.08M), Guatemala ($1.42M), Brazil ($1.26M), and United States ($967k).

Growth In December 2021, the increase in Animal Food's year-by-year exports was explained primarily by an increase in exports to Germany ($236k or 278%), Honduras ($66.1k or 24.9%), and Dominican Republic ($33.2k or 54.5%). In December 2021, the increase in Animal Food's year-by-year imports was explained primarily by an increase in imports from Peru ($2.15M or 32.3%), Brazil ($1.4M or 166%), and France ($498k or 85.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2020 - December 2021)$2M(29.6%)

IMPORT GROWTH (December 2020 - December 2021)$8.87M(47.1%)

MAIN DESTINATION (December 2021)Peru$4.89M

This section shows Animal Food'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 Animal Food over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$103M

IMPORTS (2022)$421M

NET TRADE (2022)-$318M

In 2022, Ecuador exported $103M in Animal Food. The main destinations of Ecuador exports on Animal Food were Peru ($57.5M), United States ($12M), Colombia ($11.9M), Panama ($8.09M), and Honduras ($5.18M).

In 2022, Ecuador imported $421M in Animal Food, mainly from Peru ($256M), United States ($30.7M), Colombia ($25.1M), Guatemala ($23.5M), and Brazil ($12.9M).

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