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Pricing

2023
Exports $136MWorld Rnk 32 / 176
Flag Rnk 16 / 1002
2023
Destination $1.53M United States
2022 - 2023
FASTEST GROWING MARKET $1.53MItaly
2023
PRODUCT COMPLEXITY IN Fish Fillets-1.21Rnk 880 / 1025
2023
Imports $15.9MWorld Rnk 67 / 222
Flag Rnk 266 / 1173
2023
Origin $3.45M Chile
2022 - 2023
FASTEST GROWING ORIGIN $3.45MPeru
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $136M in Fish Fillets, making it the 32nd largest exporter of Fish Fillets in the world. At the same year, Fish Fillets was the 16th most exported product in Ecuador. The main destination of Fish Fillets exports from Ecuador are: United States ($88M), Portugal ($21.4M), Spain ($5.93M), France ($4.97M), and Italy ($4.41M).

The fastest growing export markets for Fish Fillets of Ecuador between 2022 and 2023 were Italy ($1.53M), Portugal ($1.41M), and Germany ($1.21M).

Imports In 2023, Ecuador imported $15.9M in Fish Fillets, becoming the 67th largest importer of Fish Fillets in the world. At the same year, Fish Fillets was the 266th most imported product in Ecuador. Ecuador imports Fish Fillets primarily from: Chile ($7.78M), Peru ($6.88M), Vietnam ($1.06M), Colombia ($89.8k), and Indonesia ($88.9k).

The fastest growing import markets in Fish Fillets for Ecuador between 2022 and 2023 were Peru ($3.45M), Chile ($1.31M), and United States ($12.9k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Fish Fillets exports accounted up to $14.8M and imports accounted up to $695k, resulting in a positive trade balance of $14.1M. Between December 2020 and December 2021 the exports of Ecuador's   Fish Fillets have increased by $5.77M (64.1%) from $9M to $14.8M, while imports increased by $284k (69.1%) from $411k to $695k.

Destinations In December 2021, Fish Fillets were exported mostly to United States ($12.4M), Portugal ($965k), Brazil ($340k), Italy ($331k), and Spain ($300k), and were imported mostly from Chile ($570k), Vietnam ($70.3k), and Colombia ($55.2k).

Growth In December 2021, the increase in Fish Fillets's year-by-year exports was explained primarily by an increase in exports to Portugal ($951k or 135%), Brazil ($51.7k or 32.7%), and Colombia ($5.95k or 14.1%). In December 2021, the increase in Fish Fillets's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$5.77M(64.1%)
IMPORT GROWTH (December 2020 - December 2021)$284k(69.1%)
MAIN DESTINATION (December 2021)United States$12.4M

This section shows Fish Fillets'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 Fish Fillets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$136M
IMPORTS (2023)$15.9M
NET TRADE (2023)$120M

In 2023, Ecuador exported $136M in Fish Fillets. The main destinations of Ecuador exports on Fish Fillets were United States ($88M), Portugal ($21.4M), Spain ($5.93M), France ($4.97M), and Italy ($4.41M).

In 2023, Ecuador imported $15.9M in Fish Fillets, mainly from Chile ($7.78M), Peru ($6.88M), Vietnam ($1.06M), Colombia ($89.8k), and Indonesia ($88.9k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fish Fillets EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Italy$1.53M (53.3%)
Portugal$1.41M (7.05%)
Germany$1.21M (82.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fish Fillets BY Ecuador WERE (2022 - 2023):
United States-$35.9M (-29%)
Spain-$13.7M (-69.8%)
Netherlands-$3.86M (-97.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Fish Fillets were:
Chile $4.39B
Norway $4.28B
China $3.57B
In 2023, Ecuador's main importing competitors in Fish Fillets were:
United States $8.22B
Japan $3.13B
Germany $2.14B

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Trade Value of Fish Fillets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $37.4M
TOP IMPORT POTENTIALChile+ $1.99M

Fish Fillets’s highest export potential is United States. With an export gap of $37.4M.   Fish Fillets’s highest import potential is Chile with an import gap of $1.99M.

See methodology.

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