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2022
Exports $7.38MWorld Rnk 82 / 159
Flag Rnk 105 / 1017
2022
Destination $1.35M Peru
2021 - 2022
FASTEST GROWING MARKET $1.35MDominican Republic
2022
PRODUCT COMPLEXITY IN Mixed Mineral or Chemical Fertilizers-1Rnk 840 / 1025
2022
Imports $155MWorld Rnk 52 / 218
Flag Rnk 35 / 1175
2022
Origin $8.99M Russia
2021 - 2022
FASTEST GROWING ORIGIN $8.99MVietnam
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $7.38M in Mixed Mineral or Chemical Fertilizers, making it the 82nd largest exporter of Mixed Mineral or Chemical Fertilizers in the world. At the same year, Mixed Mineral or Chemical Fertilizers was the 105th most exported product in Ecuador. The main destination of Mixed Mineral or Chemical Fertilizers exports from Ecuador are: Peru ($2.13M), Dominican Republic ($1.98M), Colombia ($945k), Honduras ($773k), and Nicaragua ($732k).

The fastest growing export markets for Mixed Mineral or Chemical Fertilizers of Ecuador between 2021 and 2022 were Dominican Republic ($1.35M), Peru ($751k), and Honduras ($521k).

Imports In 2022, Ecuador imported $155M in Mixed Mineral or Chemical Fertilizers, becoming the 52nd largest importer of Mixed Mineral or Chemical Fertilizers in the world. At the same year, Mixed Mineral or Chemical Fertilizers was the 35th most imported product in Ecuador. Ecuador imports Mixed Mineral or Chemical Fertilizers primarily from: Russia ($27.8M), United States ($25.6M), Spain ($18.3M), China ($12M), and Norway ($11.7M).

The fastest growing import markets in Mixed Mineral or Chemical Fertilizers for Ecuador between 2021 and 2022 were Vietnam ($8.99M), United States ($7.8M), and Norway ($5.15M).

COMPANIES In 2021, leading companies such as Goya Foods (39), One Banana (20), and Amazon Produce Network (19) were at the forefront of shipping Mixed Mineral or Chemical Fertilizers from Ecuador to the United States.

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Mixed Mineral or Chemical Fertilizers exports accounted up to $264k and imports accounted up to $16.3M, resulting in a negative trade balance of $16.1M. Between December 2020 and December 2021 the exports of Ecuador's   Mixed Mineral or Chemical Fertilizers have increased by $17.3k (7.01%) from $247k to $264k, while imports increased by $6.2M (61.1%) from $10.1M to $16.3M.

Destinations In December 2021, Mixed Mineral or Chemical Fertilizers were exported mostly to Nicaragua ($136k), Peru ($66.8k), Dominican Republic ($41.5k), Colombia ($19.2k), and Thailand ($526), and were imported mostly from Russia ($7.98M), Colombia ($1.63M), Spain ($1.18M), United States ($1.13M), and Mexico ($872k).

Growth In December 2021, the increase in Mixed Mineral or Chemical Fertilizers's year-by-year exports was explained primarily by an increase in exports to Peru ($18.8k or 15.6%), Dominican Republic ($6.62k or 12%), and Colombia ($4.64k or 20.3%). In December 2021, the increase in Mixed Mineral or Chemical Fertilizers's year-by-year imports was explained primarily by an increase in imports from Russia ($2.13M or 284%), United States ($2.05M or 245%), and China ($833k or 274%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$17.3k(7.01%)
IMPORT GROWTH (December 2020 - December 2021)$6.2M(61.1%)
MAIN DESTINATION (December 2021)Nicaragua$136k

This section shows Mixed Mineral or Chemical Fertilizers'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 Mixed Mineral or Chemical Fertilizers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.38M
IMPORTS (2022)$155M
NET TRADE (2022)-$147M

In 2022, Ecuador exported $7.38M in Mixed Mineral or Chemical Fertilizers. The main destinations of Ecuador exports on Mixed Mineral or Chemical Fertilizers were Peru ($2.13M), Dominican Republic ($1.98M), Colombia ($945k), Honduras ($773k), and Nicaragua ($732k).

In 2022, Ecuador imported $155M in Mixed Mineral or Chemical Fertilizers, mainly from Russia ($27.8M), United States ($25.6M), Spain ($18.3M), China ($12M), and Norway ($11.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mixed Mineral or Chemical Fertilizers EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Dominican Republic$1.35M (212%)
Peru$751k (54.5%)
Honduras$521k (207%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mixed Mineral or Chemical Fertilizers BY Ecuador WERE (2021 - 2022):
Chile-$345k (-74.5%)
Bolivia-$320k (-76.8%)
Colombia-$282k (-23%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Mixed Mineral or Chemical Fertilizers were:
Russia $7.45B
Morocco $7.06B
China $6.29B
In 2022, Ecuador's main importing competitors in Mixed Mineral or Chemical Fertilizers were:
India $7.88B
Brazil $7.44B
United States $1.83B

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Trade Value of Mixed Mineral or Chemical Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $393k
TOP IMPORT POTENTIALChina+ $4.27M

Mixed Mineral or Chemical Fertilizers’s highest export potential is Peru. With an export gap of $393k.   Mixed Mineral or Chemical Fertilizers’s highest import potential is China with an import gap of $4.27M.

See methodology.

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