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2022
Exports $39.5kWorld Rnk 119 / 160
Flag Rnk 645 / 1017
2022
Destination $15.2k United States
2021 - 2022
FASTEST GROWING MARKET $15.2kUnited States
2022
PRODUCT COMPLEXITY IN Corn-1.16Rnk 869 / 1025
2022
Imports $75.3MWorld Rnk 70 / 212
Flag Rnk 68 / 1175
2022
Origin $19.9M Argentina
2021 - 2022
FASTEST GROWING ORIGIN $19.9MArgentina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $39.5k in Corn, making it the 119th largest exporter of Corn in the world. At the same year, Corn was the 645th most exported product in Ecuador. The main destination of Corn exports from Ecuador are: United States ($34.3k), Norway ($3.37k), Canada ($706), France ($377), and Netherlands ($363).

The fastest growing export markets for Corn of Ecuador between 2021 and 2022 were United States ($15.2k), Norway ($3.37k), and France ($377).

Imports In 2022, Ecuador imported $75.3M in Corn, becoming the 70th largest importer of Corn in the world. At the same year, Corn was the 68th most imported product in Ecuador. Ecuador imports Corn primarily from: Argentina ($37M), United States ($8.85M), Thailand ($8.45M), Mexico ($8.28M), and India ($6.37M).

The fastest growing import markets in Corn for Ecuador between 2021 and 2022 were Argentina ($19.9M), India ($6.37M), and Mexico ($4.26M).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Corn exports accounted up to $3.68k and imports accounted up to $7.62M, resulting in a negative trade balance of $7.62M. Between December 2020 and December 2021 the exports of Ecuador's   Corn have increased by $3.54k (2.45k%) from $145 to $3.68k, while imports increased by $5.34M (234%) from $2.28M to $7.62M.

Destinations In December 2021, Corn were exported mostly to United States ($3.68k) and Panama ($3), and were imported mostly from Thailand ($3.91M), Brazil ($1.7M), Argentina ($1.01M), Bolivia ($818k), and United States ($190k).

Growth In December 2021, the increase in Corn's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Corn's year-by-year imports was explained primarily by an increase in imports from Thailand ($958k or 26.6k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$3.54k(2.45k%)
IMPORT GROWTH (December 2020 - December 2021)$5.34M(234%)
MAIN DESTINATION (December 2021)United States$3.68k

This section shows Corn'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 Corn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$39.5k
IMPORTS (2022)$75.3M
NET TRADE (2022)-$75.3M

In 2022, Ecuador exported $39.5k in Corn. The main destinations of Ecuador exports on Corn were United States ($34.3k), Norway ($3.37k), Canada ($706), France ($377), and Netherlands ($363).

In 2022, Ecuador imported $75.3M in Corn, mainly from Argentina ($37M), United States ($8.85M), Thailand ($8.45M), Mexico ($8.28M), and India ($6.37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$15.2k (80%)
Norway$3.37k (1%)
France$377 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Ecuador WERE (2021 - 2022):
Colombia-$1.46M (-100%)
Canada-$3.11k (-81.5%)
Italy-$2.74k (-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 Corn were:
United States $19.3B
Brazil $12.4B
Argentina $9.79B
In 2022, Ecuador's main importing competitors in Corn were:
China $6.81B
Mexico $5.38B
Japan $5.12B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $23.9k
TOP IMPORT POTENTIALUnited States+ $4.17M

Corn’s highest export potential is United States. With an export gap of $23.9k.   Corn’s highest import potential is United States with an import gap of $4.17M.

See methodology.

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