Glues in Ecuador | The Observatory of Economic Complexity

About

Exports In 2022, Ecuador exported $10.7M in Glues, making it the 53rd largest exporter of Glues in the world. At the same year, Glues was the 87th most exported product in Ecuador. The main destination of Glues exports from Ecuador are: Peru ($3.11M), Mexico ($2.1M), Chile ($828k), United States ($812k), and Brazil ($621k).

The fastest growing export markets for Glues of Ecuador between 2021 and 2022 were Mexico ($905k), Brazil ($499k), and Venezuela ($334k).

Imports In 2022, Ecuador imported $29.4M in Glues, becoming the 74th largest importer of Glues in the world. At the same year, Glues was the 185th most imported product in Ecuador. Ecuador imports Glues primarily from: China ($9.4M), United States ($3.72M), Colombia ($2.96M), Mexico ($2.15M), and Brazil ($2.12M).

The fastest growing import markets in Glues for Ecuador between 2021 and 2022 were China ($934k), Chinese Taipei ($910k), and Colombia ($625k).

COMPANIES In 2021, leading companies such as DOLE FRESH FRUIT COMPANY (25.6k) and ONE BANANA NORTH AMERICA CORP. (85) 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$10.7M

IMPORTS (2022)$29.4M

NET TRADE (2022)-$18.7M

In 2022, Ecuador exported $10.7M in Glues. The main destinations of Ecuador exports on Glues were Peru ($3.11M), Mexico ($2.1M), Chile ($828k), United States ($812k), and Brazil ($621k).

In 2022, Ecuador imported $29.4M in Glues, mainly from China ($9.4M), United States ($3.72M), Colombia ($2.96M), Mexico ($2.15M), and Brazil ($2.12M).

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