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2022
Exports $36.2MWorld Rnk 50 / 195
Flag Rnk 47 / 1017
2022
Destination $2.07M Brazil
2021 - 2022
FASTEST GROWING MARKET $2.07MMexico
2022
PRODUCT COMPLEXITY IN Confectionery Sugar-0.72Rnk 763 / 1025
2022
Imports $54.8MWorld Rnk 53 / 224
Flag Rnk 95 / 1175
2022
Origin $11.3M Colombia
2021 - 2022
FASTEST GROWING ORIGIN $11.3MColombia
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $36.2M in Confectionery Sugar, making it the 50th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 47th most exported product in Ecuador. The main destination of Confectionery Sugar exports from Ecuador are: Brazil ($7.96M), Mexico ($7.04M), Argentina ($4.43M), United States ($2.64M), and Colombia ($2.32M).

The fastest growing export markets for Confectionery Sugar of Ecuador between 2021 and 2022 were Mexico ($2.07M), Brazil ($1.31M), and Argentina ($1.31M).

Imports In 2022, Ecuador imported $54.8M in Confectionery Sugar, becoming the 53rd largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 95th most imported product in Ecuador. Ecuador imports Confectionery Sugar primarily from: Colombia ($28.9M), China ($5.22M), Mexico ($3.3M), Guatemala ($2.95M), and Brazil ($2.53M).

The fastest growing import markets in Confectionery Sugar for Ecuador between 2021 and 2022 were Colombia ($11.3M), China ($2.39M), and Argentina ($1.95M).

COMPANIES In 2021, leading companies such as Dole Fresh Fruit (23) were at the forefront of shipping Confectionery Sugar from Ecuador to the United States.

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Confectionery Sugar exports accounted up to $3.47M and imports accounted up to $3.57M, resulting in a negative trade balance of $94.6k. Between December 2020 and December 2021 the exports of Ecuador's   Confectionery Sugar have increased by $1.55M (80.3%) from $1.93M to $3.47M, while imports increased by $1.04M (41.4%) from $2.52M to $3.57M.

Destinations In December 2021, Confectionery Sugar were exported mostly to Brazil ($904k), United States ($509k), Mexico ($487k), Argentina ($420k), and Chile ($305k), and were imported mostly from Colombia ($1.97M), China ($365k), Mexico ($266k), Brazil ($143k), and United States ($135k).

Growth In December 2021, the increase in Confectionery Sugar's year-by-year exports was explained primarily by an increase in exports to Brazil ($119k or 34.4%), Mexico ($117k or 75.3%), and Nicaragua ($42.5k or 55.8%). In December 2021, the increase in Confectionery Sugar's year-by-year imports was explained primarily by an increase in imports from Brazil ($41.7k or 45.6%), Guatemala ($40.7k or 78.2%), and Belgium ($8.66k or 50.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$1.55M(80.3%)
IMPORT GROWTH (December 2020 - December 2021)$1.04M(41.4%)
MAIN DESTINATION (December 2021)Brazil$904k

This section shows Confectionery Sugar'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 Confectionery Sugar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$36.2M
IMPORTS (2022)$54.8M
NET TRADE (2022)-$18.6M

In 2022, Ecuador exported $36.2M in Confectionery Sugar. The main destinations of Ecuador exports on Confectionery Sugar were Brazil ($7.96M), Mexico ($7.04M), Argentina ($4.43M), United States ($2.64M), and Colombia ($2.32M).

In 2022, Ecuador imported $54.8M in Confectionery Sugar, mainly from Colombia ($28.9M), China ($5.22M), Mexico ($3.3M), Guatemala ($2.95M), and Brazil ($2.53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Mexico$2.07M (41.6%)
Brazil$1.31M (19.7%)
Argentina$1.31M (41.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Ecuador WERE (2021 - 2022):
Nicaragua-$691k (-50.8%)
United States-$602k (-18.5%)
Chile-$594k (-24.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Confectionery Sugar were:
Germany $1.76B
China $1.38B
Mexico $1.12B
In 2022, Ecuador's main importing competitors in Confectionery Sugar were:
United States $3.01B
Germany $834M
United Kingdom $736M

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Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.64M
TOP IMPORT POTENTIALChina+ $1.73M

Confectionery Sugar’s highest export potential is United States. With an export gap of $3.64M.   Confectionery Sugar’s highest import potential is China with an import gap of $1.73M.

See methodology.

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