Enzymes in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $389k in Enzymes, making it the 66th largest exporter of Enzymes in the world. At the same year, Enzymes was the 385th most exported product in Ecuador. The main destination of Enzymes exports from Ecuador are: Colombia ($178k), Peru ($149k), Germany ($54.7k), El Salvador ($5.26k), and Guatemala ($2.24k).

The fastest growing export markets for Enzymes of Ecuador between 2021 and 2022 were Colombia ($151k), Peru ($143k), and Germany ($54.7k).

Imports In 2022, Ecuador imported $22.3M in Enzymes, becoming the 47th largest importer of Enzymes in the world. At the same year, Enzymes was the 225th most imported product in Ecuador. Ecuador imports Enzymes primarily from: United States ($4.44M), Brazil ($4.32M), Netherlands ($3.58M), Denmark ($2.9M), and France ($1.88M).

The fastest growing import markets in Enzymes for Ecuador between 2021 and 2022 were Netherlands ($2.91M), Brazil ($1.01M), and United States ($813k).

Latest Trends

November 2021

About

Overview In November 2021 Ecuador's Enzymes exports accounted up to $580 and imports accounted up to $1.29M, resulting in a negative trade balance of $1.28M. Between May 2019 and November 2021 the exports of Ecuador's Enzymes have decreased by $-69.9k (-99.2%) from $70.5k to $580, while imports decreased by $-80k (-5.86%) from $1.37M to $1.29M.

Destinations In November 2021, Enzymes were exported mostly to , and were imported mostly from Brazil ($464k), China ($319k), Denmark ($216k), United States ($142k), and Belgium ($53.9k).

Growth In November 2021, the decrease in Enzymes's year-by-year exports was explained primarily by a decrease in exports to Peru ($-24.1k or -81.2%). In December 2021, the decrease in Enzymes's year-by-year imports was explained primarily by a decrease in imports from Colombia ($-61.8k or -69.3%), Italy ($-29.8k or -78.9%), and Turkey ($-974 or -9.61%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (May 2019 - November 2021)$-69.9k(-99.2%)

IMPORT GROWTH (December 2020 - December 2021)$-80k(-5.86%)

MAIN DESTINATION (November 2021)

This section shows Enzymes'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 Enzymes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$389k

IMPORTS (2022)$22.3M

NET TRADE (2022)-$21.9M

In 2022, Ecuador exported $389k in Enzymes. The main destinations of Ecuador exports on Enzymes were Colombia ($178k), Peru ($149k), Germany ($54.7k), El Salvador ($5.26k), and Guatemala ($2.24k).

In 2022, Ecuador imported $22.3M in Enzymes, mainly from United States ($4.44M), Brazil ($4.32M), Netherlands ($3.58M), Denmark ($2.9M), and France ($1.88M).

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