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Pricing

2022
Exports $1.17MWorld Rnk 96 / 180
Flag Rnk 253 / 1017
2022
Destination $286k Peru
2021 - 2022
FASTEST GROWING MARKET $286kNetherlands
2022
PRODUCT COMPLEXITY IN Malt Extract0.015Rnk 542 / 1025
2022
Imports $39.4MWorld Rnk 102 / 224
Flag Rnk 134 / 1175
2022
Origin $3.23M Mexico
2021 - 2022
FASTEST GROWING ORIGIN $3.23MArgentina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $1.17M in Malt Extract, making it the 96th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 253rd most exported product in Ecuador. The main destination of Malt Extract exports from Ecuador are: Peru ($423k), Netherlands ($286k), United States ($177k), Germany ($65.8k), and Panama ($58.3k).

The fastest growing export markets for Malt Extract of Ecuador between 2021 and 2022 were Netherlands ($286k), United States ($94.7k), and Switzerland ($21.5k).

Imports In 2022, Ecuador imported $39.4M in Malt Extract, becoming the 102nd largest importer of Malt Extract in the world. At the same year, Malt Extract was the 134th most imported product in Ecuador. Ecuador imports Malt Extract primarily from: Mexico ($8.62M), Poland ($4.55M), Ireland ($4.31M), Argentina ($3.91M), and Spain ($3.72M).

The fastest growing import markets in Malt Extract for Ecuador between 2021 and 2022 were Argentina ($3.23M), Uruguay ($1.4M), and Ireland ($384k).

COMPANIES In 2021, leading companies such as Dole Fresh Fruit (3.92k) and Continental Tire (1) were at the forefront of shipping Malt Extract from Ecuador to the United States.

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Malt Extract exports accounted up to $155k and imports accounted up to $5.32M, resulting in a negative trade balance of $5.17M. Between December 2020 and December 2021 the exports of Ecuador's   Malt Extract have increased by $48.8k (46.1%) from $106k to $155k, while imports increased by $177k (3.44%) from $5.14M to $5.32M.

Destinations In December 2021, Malt Extract were exported mostly to Germany ($75k), Peru ($43.3k), United States ($28.9k), Chile ($3.8k), and Panama ($3.76k), and were imported mostly from Mexico ($2.32M), Argentina ($920k), Poland ($683k), Ireland ($321k), and Colombia ($275k).

Growth In December 2021, the increase in Malt Extract's year-by-year exports was explained primarily by an increase in exports to Peru ($26.4k or 35.2%). In December 2021, the increase in Malt Extract's year-by-year imports was explained primarily by an increase in imports from Poland ($206k or 128%), Chile ($189k or 264%), and Ireland ($120k or 111%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$48.8k(46.1%)
IMPORT GROWTH (December 2020 - December 2021)$177k(3.44%)
MAIN DESTINATION (December 2021)Germany$75k

This section shows Malt Extract'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 Malt Extract over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.17M
IMPORTS (2022)$39.4M
NET TRADE (2022)-$38.2M

In 2022, Ecuador exported $1.17M in Malt Extract. The main destinations of Ecuador exports on Malt Extract were Peru ($423k), Netherlands ($286k), United States ($177k), Germany ($65.8k), and Panama ($58.3k).

In 2022, Ecuador imported $39.4M in Malt Extract, mainly from Mexico ($8.62M), Poland ($4.55M), Ireland ($4.31M), Argentina ($3.91M), and Spain ($3.72M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Netherlands$286k (1%)
United States$94.7k (116%)
Switzerland$21.5k (100%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY Ecuador WERE (2021 - 2022):
Colombia-$96.6k (-62.8%)
Germany-$95.3k (-59.1%)
Peru-$46k (-9.82%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Malt Extract were:
Netherlands $3.83B
Germany $2.29B
France $2.23B
In 2022, Ecuador's main importing competitors in Malt Extract were:
China $4.66B
United States $1.39B
Germany $876M

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Trade Value of Malt Extract by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $542k
TOP IMPORT POTENTIALUnited States+ $1.25M

Malt Extract’s highest export potential is United States. With an export gap of $542k.   Malt Extract’s highest import potential is United States with an import gap of $1.25M.

See methodology.

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