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2022
Exports $3.58MWorld Rnk 39 / 145
Flag Rnk 151 / 1017
2022
Destination $419k Israel
2021 - 2022
FASTEST GROWING MARKET $419kUnited States
2022
PRODUCT COMPLEXITY IN Buckwheat-1.6Rnk 959 / 1025
2022
Imports $1.71MWorld Rnk 76 / 210
Flag Rnk 697 / 1175
2022
Origin $325k Canada
2021 - 2022
FASTEST GROWING ORIGIN $325kBolivia
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $3.58M in Buckwheat, making it the 39th largest exporter of Buckwheat in the world. At the same year, Buckwheat was the 151st most exported product in Ecuador. The main destination of Buckwheat exports from Ecuador are: Israel ($1.38M), United States ($861k), Canada ($706k), Germany ($160k), and Netherlands ($157k).

The fastest growing export markets for Buckwheat of Ecuador between 2021 and 2022 were United States ($419k), Israel ($115k), and Mexico ($46k).

Imports In 2022, Ecuador imported $1.71M in Buckwheat, becoming the 76th largest importer of Buckwheat in the world. At the same year, Buckwheat was the 697th most imported product in Ecuador. Ecuador imports Buckwheat primarily from: Canada ($1.37M), Bolivia ($325k), United States ($6.56k), and Peru ($6.12k).

The fastest growing import markets in Buckwheat for Ecuador between 2021 and 2022 were Bolivia ($325k) and Canada ($271k).

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 (2022)$3.58M
IMPORTS (2022)$1.71M
NET TRADE (2022)$1.87M

In 2022, Ecuador exported $3.58M in Buckwheat. The main destinations of Ecuador exports on Buckwheat were Israel ($1.38M), United States ($861k), Canada ($706k), Germany ($160k), and Netherlands ($157k).

In 2022, Ecuador imported $1.71M in Buckwheat, mainly from Canada ($1.37M), Bolivia ($325k), United States ($6.56k), and Peru ($6.12k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buckwheat EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$419k (95%)
Israel$115k (9.05%)
Mexico$46k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buckwheat BY Ecuador WERE (2021 - 2022):
Canada-$237k (-25.1%)
France-$157k (-61.3%)
United Kingdom-$92.6k (-86.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Buckwheat were:
Poland $227M
Canada $150M
France $99M
In 2022, Ecuador's main importing competitors in Buckwheat were:
Germany $231M
Spain $98M
United States $97.6M

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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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