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2023
Exports $2.21MWorld Rnk 42 / 145
Flag Rnk 178 / 1002
2023
Destination $58.7k Israel
2022 - 2023
FASTEST GROWING MARKET $58.7kColombia
2023
PRODUCT COMPLEXITY IN Buckwheat-1.65Rnk 966 / 1025
2023
Imports $1.97MWorld Rnk 66 / 208
Flag Rnk 652 / 1173
2023
Origin $643k Bolivia
2022 - 2023
FASTEST GROWING ORIGIN $643kBolivia
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $2.21M in Buckwheat, making it the 42nd largest exporter of Buckwheat in the world. At the same year, Buckwheat was the 178th most exported product in Ecuador. The main destination of Buckwheat exports from Ecuador are: Israel ($863k), United States ($629k), Canada ($172k), Netherlands ($134k), and France ($131k).

The fastest growing export markets for Buckwheat of Ecuador between 2022 and 2023 were Colombia ($58.7k), France ($41.7k), and Spain ($16.8k).

Imports In 2023, Ecuador imported $1.97M in Buckwheat, becoming the 66th largest importer of Buckwheat in the world. At the same year, Buckwheat was the 652nd most imported product in Ecuador. Ecuador imports Buckwheat primarily from: Bolivia ($968k), Canada ($776k), United States ($174k), Peru ($45.4k), and Thailand ($5.21k).

The fastest growing import markets in Buckwheat for Ecuador between 2022 and 2023 were Bolivia ($643k), United States ($168k), and Peru ($35.1k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Buckwheat exports accounted up to $191k and imports accounted up to $141k, resulting in a positive trade balance of $50.1k. Between December 2020 and December 2021 the exports of Ecuador's   Buckwheat have decreased by $-47.2k (-19.8%) from $238k to $191k, while imports increased by $128k (975%) from $13.1k to $141k.

Destinations In December 2021, Buckwheat were exported mostly to Canada ($50k), Israel ($47.8k), Mexico ($46k), United States ($33.5k), and France ($12.1k), and were imported mostly from Canada ($141k) and Chile ($2.06).

Growth In December 2021, the decrease in Buckwheat's year-by-year exports was explained primarily by a decrease in exports to United States ($-103k or -96.8%) and Israel ($-19.8k or -15.6%). In December 2021, the increase in Buckwheat'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)$-47.2k(-19.8%)
IMPORT GROWTH (December 2020 - December 2021)$128k(975%)
MAIN DESTINATION (December 2021)Canada$50k

This section shows Buckwheat'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 Buckwheat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.21M
IMPORTS (2023)$1.97M
NET TRADE (2023)$240k

In 2023, Ecuador exported $2.21M in Buckwheat. The main destinations of Ecuador exports on Buckwheat were Israel ($863k), United States ($629k), Canada ($172k), Netherlands ($134k), and France ($131k).

In 2023, Ecuador imported $1.97M in Buckwheat, mainly from Bolivia ($968k), Canada ($776k), United States ($174k), Peru ($45.4k), and Thailand ($5.21k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buckwheat EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Colombia$58.7k (672%)
France$41.7k (46.7%)
Spain$16.8k (74.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buckwheat BY Ecuador WERE (2022 - 2023):
Israel-$633k (-42.3%)
Canada-$585k (-77.3%)
United States-$244k (-27.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Buckwheat were:
Poland $159M
Russia $130M
Canada $108M
In 2023, Ecuador's main importing competitors in Buckwheat were:
Germany $142M
United States $104M
Spain $75.7M

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Trade Value of Buckwheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $423k
TOP IMPORT POTENTIALBolivia+ $51.9k

Buckwheat’s highest export potential is United States. With an export gap of $423k.   Buckwheat’s highest import potential is Bolivia with an import gap of $51.9k.

See methodology.

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