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2022
Exports $1.29BWorld Rnk 17 / 110
Flag Rnk 6 / 1017
2022
Destination $366M China
2021 - 2022
FASTEST GROWING MARKET $366MChina
2022
PRODUCT COMPLEXITY IN Copper Ore-1.94Rnk 995 / 1025
2022
Imports $13.1kWorld Rnk 73 / 117
Flag Rnk 1111 / 1175
2022
Origin $13k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $13kNetherlands
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $1.29B in Copper Ore, making it the 17th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 6th most exported product in Ecuador. The main destination of Copper Ore exports from Ecuador are: China ($1.22B), Peru ($64.2M), Mexico ($9.28M), Chinese Taipei ($2.23M), and Malaysia ($254k).

The fastest growing export markets for Copper Ore of Ecuador between 2021 and 2022 were China ($366M), Mexico ($8.95M), and Peru ($2.63M).

Imports In 2022, Ecuador imported $13.1k in Copper Ore, becoming the 73rd largest importer of Copper Ore in the world. At the same year, Copper Ore was the 1111th most imported product in Ecuador. Ecuador imports Copper Ore primarily from: Netherlands ($13k) and Bulgaria ($76).

The fastest growing import markets in Copper Ore for Ecuador between 2021 and 2022 were Netherlands ($13k) and Bulgaria ($76).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Copper Ore. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.29B
IMPORTS (2022)$13.1k
NET TRADE (2022)$1.29B

In 2022, Ecuador exported $1.29B in Copper Ore. The main destinations of Ecuador exports on Copper Ore were China ($1.22B), Peru ($64.2M), Mexico ($9.28M), Chinese Taipei ($2.23M), and Malaysia ($254k).

In 2022, Ecuador imported $13.1k in Copper Ore, mainly from Netherlands ($13k) and Bulgaria ($76).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
China$366M (43.1%)
Mexico$8.95M (2.76k%)
Peru$2.63M (4.27%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Ecuador WERE (2021 - 2022):
Spain-$2.63M (-100%)
Chile-$440 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Copper Ore were:
Chile $22.8B
Peru $13.5B
Indonesia $8.89B
In 2022, Ecuador's main importing competitors in Copper Ore were:
China $50.5B
Japan $12.4B
South Korea $6.27B

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $106M
TOP IMPORT POTENTIALPeru+ $1.83k

Copper Ore’s highest export potential is China. With an export gap of $106M.   Copper Ore’s highest import potential is Peru with an import gap of $1.83k.

See methodology.

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