2022
Exports
$54.3kWorld Rnk 108 / 151
Flag Rnk 610 / 1017
falsefalse Peru
2022
PRODUCT COMPLEXITY IN Milk
-0.0031Rnk 548 / 1025
2022
Imports
$5.44kWorld Rnk 220 / 221
Flag Rnk 1136 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $54.3k in Milk, making it the 108th largest exporter of Milk in the world. At the same year, Milk was the 610th most exported product in Ecuador. The main destination of Milk exports from Ecuador are: Peru ($28.5k), United States ($25k), Bahamas ($351), Maldives ($236), and Panama ($89).

The fastest growing export markets for Milk of Ecuador between 2021 and 2022 were United States ($25k), Bahamas ($351), and Maldives ($236).

Imports In 2022, Ecuador imported $5.44k in Milk, becoming the 220th largest importer of Milk in the world. At the same year, Milk was the 1136th most imported product in Ecuador. Ecuador imports Milk primarily from: United States ($5.44k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Milk. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$54.3k
IMPORTS (2022)$5.44k
NET TRADE (2022)$48.8k

In 2022, Ecuador exported $54.3k in Milk. The main destinations of Ecuador exports on Milk were Peru ($28.5k), United States ($25k), Bahamas ($351), Maldives ($236), and Panama ($89).

In 2022, Ecuador imported $5.44k in Milk, mainly from United States ($5.44k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Milk EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$25k (1%)
Bahamas$351 (1%)
Maldives$236 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Milk BY Ecuador WERE (2021 - 2022):
Peru-$270k (-90.4%)
Panama-$134 (-60.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Milk were:
In 2022, Ecuador's main importing competitors in Milk were:
Germany $2.03B
China $1.46B

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Trade Value of Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.35k
TOP IMPORT POTENTIALUnited States+ $3.83k

Milk’s highest export potential is China. With an export gap of $1.35k.   Milk’s highest import potential is United States with an import gap of $3.83k.

See methodology.

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