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2023
Exports $9.9MWorld Rnk 52 / 198
Flag Rnk 84 / 1002
2023
Destination $345k Peru
2022 - 2023
FASTEST GROWING MARKET $345kDominican Republic
2023
PRODUCT COMPLEXITY IN Glues1.23Rnk 98 / 1025
2023
Imports $26.5MWorld Rnk 74 / 226
Flag Rnk 184 / 1173
2023
Origin $246k China
2022 - 2023
FASTEST GROWING ORIGIN $246kItaly
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $9.9M in Glues, making it the 52nd largest exporter of Glues in the world. At the same year, Glues was the 84th most exported product in Ecuador. The main destination of Glues exports from Ecuador are: Peru ($2.79M), Mexico ($1.68M), Chile ($960k), Dominican Republic ($886k), and Brazil ($817k).

The fastest growing export markets for Glues of Ecuador between 2022 and 2023 were Dominican Republic ($345k), Brazil ($267k), and Chile ($238k).

Imports In 2023, Ecuador imported $26.5M in Glues, becoming the 74th largest importer of Glues in the world. At the same year, Glues was the 184th most imported product in Ecuador. Ecuador imports Glues primarily from: China ($6.91M), United States ($3.53M), Colombia ($3.07M), Brazil ($2.02M), and Mexico ($1.81M).

The fastest growing import markets in Glues for Ecuador between 2022 and 2023 were Italy ($246k), United Kingdom ($184k), and Turkey ($168k).

COMPANIES In 2021, leading companies such as Dole Fresh Fruit (6.41k), One Banana (34), and Goya Foods (28) were at the forefront of shipping Glues from Ecuador to the United States.

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Glues exports accounted up to $598k and imports accounted up to $2.09M, resulting in a negative trade balance of $1.49M. Between December 2020 and December 2021 the exports of Ecuador's   Glues have increased by $76.7k (14.7%) from $521k to $598k, while imports increased by $524k (33.5%) from $1.56M to $2.09M.

Destinations In December 2021, Glues were exported mostly to Peru ($299k), Chile ($180k), United States ($47k), Puerto Rico ($24.5k), and Paraguay ($17.3k), and were imported mostly from Mexico ($451k), United States ($351k), China ($302k), Brazil ($290k), and Colombia ($241k).

Growth In December 2021, the increase in Glues's year-by-year exports was explained primarily by an increase in exports to Peru ($155k or 96.9%), Chile ($63.1k or 65.7%), and Mexico ($49.4k or 74.8%). In December 2021, the increase in Glues's year-by-year imports was explained primarily by an increase in imports from Portugal ($23.4k or 167%), Chile ($15.3k or 7.12%), and Germany ($12.2k or 41.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$76.7k(14.7%)
IMPORT GROWTH (December 2020 - December 2021)$524k(33.5%)
MAIN DESTINATION (December 2021)Peru$299k

This section shows Glues'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 Glues over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$9.9M
IMPORTS (2023)$26.5M
NET TRADE (2023)-$16.6M

In 2023, Ecuador exported $9.9M in Glues. The main destinations of Ecuador exports on Glues were Peru ($2.79M), Mexico ($1.68M), Chile ($960k), Dominican Republic ($886k), and Brazil ($817k).

In 2023, Ecuador imported $26.5M in Glues, mainly from China ($6.91M), United States ($3.53M), Colombia ($3.07M), Brazil ($2.02M), and Mexico ($1.81M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Glues EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Dominican Republic$345k (64%)
Brazil$267k (48.5%)
Chile$238k (32.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glues BY Ecuador WERE (2022 - 2023):
Venezuela-$416k (-87%)
Mexico-$414k (-19.7%)
Peru-$124k (-4.24%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Glues were:
Germany $2.48B
China $2.2B
United States $1.76B
In 2023, Ecuador's main importing competitors in Glues were:
China $1.3B
Germany $853M
Mexico $646M

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Trade Value of Glues by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $532k
TOP IMPORT POTENTIALUnited States+ $1.49M

Glues’s highest export potential is United States. With an export gap of $532k.   Glues’s highest import potential is United States with an import gap of $1.49M.

See methodology.

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