Ground Nuts in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $307k in Ground Nuts, making it the 71st largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 415th most exported product in Ecuador. The main destination of Ground Nuts exports from Ecuador are: France ($251k), United States ($29.5k), Canada ($14.3k), Italy ($12.8k), and Panama ($44).

The fastest growing export markets for Ground Nuts of Ecuador between 2021 and 2022 were Panama ($44).

Imports In 2022, Ecuador imported $6.99M in Ground Nuts, becoming the 65th largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 436th most imported product in Ecuador. Ecuador imports Ground Nuts primarily from: Peru ($3.17M), Argentina ($2.01M), Bolivia ($735k), Brazil ($621k), and Paraguay ($417k).

The fastest growing import markets in Ground Nuts for Ecuador between 2021 and 2022 were Peru ($467k), Paraguay ($271k), and Australia ($35.9k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Ground Nuts exports accounted up to $35.3k and imports accounted up to $448k, resulting in a negative trade balance of $413k. Between December 2020 and December 2021 the exports of Ecuador's Ground Nuts have decreased by $-34.3k (-49.3%) from $69.6k to $35.3k, while imports decreased by $-773k (-63.3%) from $1.22M to $448k.

Destinations In December 2021, Ground Nuts were exported mostly to France ($31.3k), Switzerland ($3.43k), and United States ($513), and were imported mostly from Paraguay ($191k), Peru ($180k), Bolivia ($28.5k), Brazil ($26k), and Argentina ($23.1k).

Growth In December 2021, the decrease in Ground Nuts's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the decrease in Ground Nuts's year-by-year imports was explained primarily by a decrease in imports from Peru ($-82.2k or -39.8%) and Bolivia ($-1.74k or -6.38%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2020 - December 2021)$-34.3k(-49.3%)

IMPORT GROWTH (December 2020 - December 2021)$-773k(-63.3%)

MAIN DESTINATION (December 2021)France$31.3k

This section shows Ground Nuts'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 Ground Nuts over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$307k

IMPORTS (2022)$6.99M

NET TRADE (2022)-$6.68M

In 2022, Ecuador exported $307k in Ground Nuts. The main destinations of Ecuador exports on Ground Nuts were France ($251k), United States ($29.5k), Canada ($14.3k), Italy ($12.8k), and Panama ($44).

In 2022, Ecuador imported $6.99M in Ground Nuts, mainly from Peru ($3.17M), Argentina ($2.01M), Bolivia ($735k), Brazil ($621k), and Paraguay ($417k).

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