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2022
Exports $800kWorld Rnk 75 / 171
Flag Rnk 293 / 1017
2022
Destination $171k United States
2021 - 2022
FASTEST GROWING MARKET $171kUnited States
2022
PRODUCT COMPLEXITY IN Cereal Flours-1.31Rnk 913 / 1025
2022
Imports $8.47MWorld Rnk 33 / 218
Flag Rnk 404 / 1175
2022
Origin $1.01M Colombia
2021 - 2022
FASTEST GROWING ORIGIN $1.01MColombia
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $800k in Cereal Flours, making it the 75th largest exporter of Cereal Flours in the world. At the same year, Cereal Flours was the 293rd most exported product in Ecuador. The main destination of Cereal Flours exports from Ecuador are: United States ($675k), Bolivia ($36.1k), Chile ($31.7k), Mexico ($21.1k), and France ($18.3k).

The fastest growing export markets for Cereal Flours of Ecuador between 2021 and 2022 were United States ($171k), Bolivia ($36.1k), and Mexico ($21.1k).

Imports In 2022, Ecuador imported $8.47M in Cereal Flours, becoming the 33rd largest importer of Cereal Flours in the world. At the same year, Cereal Flours was the 404th most imported product in Ecuador. Ecuador imports Cereal Flours primarily from: Colombia ($7.74M), Peru ($579k), Brazil ($92.9k), Costa Rica ($38.8k), and Chile ($18.6k).

The fastest growing import markets in Cereal Flours for Ecuador between 2021 and 2022 were Colombia ($1.01M), Peru ($478k), and Costa Rica ($3.49k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Cereal Flours exports accounted up to $98.3k and imports accounted up to $527k, resulting in a negative trade balance of $429k. Between December 2020 and December 2021 the exports of Ecuador's   Cereal Flours have increased by $84.9k (630%) from $13.5k to $98.3k, while imports increased by $187k (54.9%) from $340k to $527k.

Destinations In December 2021, Cereal Flours were exported mostly to United States ($77.2k) and Mexico ($21.1k), and were imported mostly from Colombia ($510k) and Brazil ($17.2k).

Growth In December 2021, the increase in Cereal Flours's year-by-year exports was explained primarily by an increase in exports to United States ($6.38k or 732%). In December 2021, the increase in Cereal Flours'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)$84.9k(630%)
IMPORT GROWTH (December 2020 - December 2021)$187k(54.9%)
MAIN DESTINATION (December 2021)United States$77.2k

This section shows Cereal Flours'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 Cereal Flours over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$800k
IMPORTS (2022)$8.47M
NET TRADE (2022)-$7.67M

In 2022, Ecuador exported $800k in Cereal Flours. The main destinations of Ecuador exports on Cereal Flours were United States ($675k), Bolivia ($36.1k), Chile ($31.7k), Mexico ($21.1k), and France ($18.3k).

In 2022, Ecuador imported $8.47M in Cereal Flours, mainly from Colombia ($7.74M), Peru ($579k), Brazil ($92.9k), Costa Rica ($38.8k), and Chile ($18.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereal Flours EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$171k (33.8%)
Bolivia$36.1k (361k%)
Mexico$21.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereal Flours BY Ecuador WERE (2021 - 2022):
Spain-$9.22k (-80.7%)
Canada-$3.27k (-76.2%)
Czechia-$813 (-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 Cereal Flours were:
Thailand $161M
Mexico $150M
United States $113M
In 2022, Ecuador's main importing competitors in Cereal Flours were:
United States $239M
Democratic Republic of the Congo $86.9M
Canada $57.7M

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Trade Value of Cereal Flours by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $285k
TOP IMPORT POTENTIALBrazil+ $74.4k

Cereal Flours’s highest export potential is United States. With an export gap of $285k.   Cereal Flours’s highest import potential is Brazil with an import gap of $74.4k.

See methodology.

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