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2022
Exports $509kWorld Rnk 97 / 169
Flag Rnk 350 / 1017
2022
Destination $97.5k United States
2021 - 2022
FASTEST GROWING MARKET $97.5kMaldives
2022
PRODUCT COMPLEXITY IN Cheese-0.14Rnk 591 / 1025
2022
Imports $4.41MWorld Rnk 139 / 223
Flag Rnk 511 / 1175
2022
Origin $839k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $839kNetherlands
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $509k in Cheese, making it the 97th largest exporter of Cheese in the world. At the same year, Cheese was the 350th most exported product in Ecuador. The main destination of Cheese exports from Ecuador are: United States ($396k), Maldives ($99.2k), and Panama ($14.1k).

The fastest growing export markets for Cheese of Ecuador between 2021 and 2022 were Maldives ($97.5k), United States ($88k), and Panama ($14.1k).

Imports In 2022, Ecuador imported $4.41M in Cheese, becoming the 139th largest importer of Cheese in the world. At the same year, Cheese was the 511th most imported product in Ecuador. Ecuador imports Cheese primarily from: Netherlands ($2.01M), Italy ($930k), Spain ($497k), France ($493k), and United States ($233k).

The fastest growing import markets in Cheese for Ecuador between 2021 and 2022 were Netherlands ($839k), Italy ($233k), and Switzerland ($67k).

COMPANIES In 2021, leading companies such as Goya Foods (3) and Chiquita (1) were at the forefront of shipping Cheese from Ecuador to the United States.

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Cheese exports accounted up to $21.9k and imports accounted up to $395k, resulting in a negative trade balance of $373k. Between December 2020 and December 2021 the exports of Ecuador's   Cheese have increased by $8.31k (61.3%) from $13.6k to $21.9k, while imports decreased by $-98.1k (-19.9%) from $493k to $395k.

Destinations In December 2021, Cheese were exported mostly to United States ($21.7k), Rest of the world ($142), and Panama ($7.75), and were imported mostly from Netherlands ($211k), Spain ($94.2k), Denmark ($46k), Italy ($25k), and France ($17.1k).

Growth In December 2021, the increase in Cheese's year-by-year exports was explained primarily by an increase in exports to United States ($4.38k or 21.1%). In December 2021, the decrease in Cheese's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$8.31k(61.3%)
IMPORT GROWTH (December 2020 - December 2021)$-98.1k(-19.9%)
MAIN DESTINATION (December 2021)United States$21.7k

This section shows Cheese'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 Cheese over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$509k
IMPORTS (2022)$4.41M
NET TRADE (2022)-$3.9M

In 2022, Ecuador exported $509k in Cheese. The main destinations of Ecuador exports on Cheese were United States ($396k), Maldives ($99.2k), and Panama ($14.1k).

In 2022, Ecuador imported $4.41M in Cheese, mainly from Netherlands ($2.01M), Italy ($930k), Spain ($497k), France ($493k), and United States ($233k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cheese EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Maldives$97.5k (5.67k%)
United States$88k (28.6%)
Panama$14.1k (176k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cheese BY Ecuador WERE (2021 - 2022):
Luxembourg-$514 (-100%)
Chile-$31 (-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 Cheese were:
Germany $6.23B
Netherlands $5.19B
Italy $4.66B
In 2022, Ecuador's main importing competitors in Cheese were:
Germany $5.19B
France $2.8B
Italy $2.62B

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Trade Value of Cheese by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $148k
TOP IMPORT POTENTIALItaly+ $598k

Cheese’s highest export potential is United States. With an export gap of $148k.   Cheese’s highest import potential is Italy with an import gap of $598k.

See methodology.

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