2022
Exports
$27.2MWorld Rnk 20 / 123
Flag Rnk 56 / 1017
2022
PRODUCT COMPLEXITY IN Cocoa Butter
-1.34Rnk 920 / 1025
2022
Imports
$204kWorld Rnk 92 / 179
Flag Rnk 965 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $27.2M in Cocoa Butter, making it the 20th largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 56th most exported product in Ecuador. The main destination of Cocoa Butter exports from Ecuador are: United States ($11.6M), Peru ($8.44M), Netherlands ($1.59M), Germany ($1.42M), and Argentina ($1.2M).

The fastest growing export markets for Cocoa Butter of Ecuador between 2021 and 2022 were United States ($8.53M), Peru ($1.41M), and Argentina ($1.06M).

Imports In 2022, Ecuador imported $204k in Cocoa Butter, becoming the 92nd largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 965th most imported product in Ecuador. Ecuador imports Cocoa Butter primarily from: Brazil ($203k) and United States ($613).

The fastest growing import markets in Cocoa Butter for Ecuador between 2021 and 2022 were Brazil ($35.4k).

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-178k(-9.36%)
IMPORT GROWTH (July 2017 - November 2021)$11.4k(2.79k%)
MAIN DESTINATION (December 2021)Netherlands$733k

This section shows Cocoa Butter'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 Cocoa Butter over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$27.2M
IMPORTS (2022)$204k
NET TRADE (2022)$27M

In 2022, Ecuador exported $27.2M in Cocoa Butter. The main destinations of Ecuador exports on Cocoa Butter were United States ($11.6M), Peru ($8.44M), Netherlands ($1.59M), Germany ($1.42M), and Argentina ($1.2M).

In 2022, Ecuador imported $204k in Cocoa Butter, mainly from Brazil ($203k) and United States ($613).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$8.53M (279%)
Peru$1.41M (20%)
Argentina$1.06M (740%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY Ecuador WERE (2021 - 2022):
Germany-$2.99M (-67.7%)
Netherlands-$2.45M (-60.7%)
Mexico-$189k (-94.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Cocoa Butter were:
In 2022, Ecuador's main importing competitors in Cocoa Butter were:

Explore Visualizations

Trade Value of Cocoa Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.67M
TOP IMPORT POTENTIALIndonesia+ $1.18k

Cocoa Butter’s highest export potential is United States. With an export gap of $3.67M.   Cocoa Butter’s highest import potential is Indonesia with an import gap of $1.18k.

See methodology.

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