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2022
Exports $967kWorld Rnk 54 / 132
Flag Rnk 273 / 1017
2022
Destination $236k Colombia
2021 - 2022
FASTEST GROWING MARKET $236kColombia
2022
PRODUCT COMPLEXITY IN Natural Polymers0.71Rnk 274 / 1025
2022
Imports $11.9MWorld Rnk 50 / 193
Flag Rnk 341 / 1175
2022
Origin $4.52M China
2021 - 2022
FASTEST GROWING ORIGIN $4.52MChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $967k in Natural Polymers, making it the 54th largest exporter of Natural Polymers in the world. At the same year, Natural Polymers was the 273rd most exported product in Ecuador. The main destination of Natural Polymers exports from Ecuador are: Colombia ($328k), Guyana ($219k), Trinidad and Tobago ($132k), Peru ($107k), and Chile ($97.2k).

The fastest growing export markets for Natural Polymers of Ecuador between 2021 and 2022 were Colombia ($236k), Guyana ($219k), and Trinidad and Tobago ($132k).

Imports In 2022, Ecuador imported $11.9M in Natural Polymers, becoming the 50th largest importer of Natural Polymers in the world. At the same year, Natural Polymers was the 341st most imported product in Ecuador. Ecuador imports Natural Polymers primarily from: China ($8.56M), United States ($1.47M), Colombia ($364k), Spain ($324k), and Peru ($308k).

The fastest growing import markets in Natural Polymers for Ecuador between 2021 and 2022 were China ($4.52M), United States ($857k), and Spain ($194k).

Latest Trends

August 2021

About

Overview In August 2021 Ecuador's Natural Polymers exports accounted up to $24.2k and imports accounted up to $355k, resulting in a negative trade balance of $331k. Between June 2019 and August 2021 the exports of Ecuador's   Natural Polymers have decreased by $-7.63k (-24%) from $31.8k to $24.2k, while imports increased by $288k (430%) from $67k to $355k.

Destinations In August 2021, Natural Polymers were exported mostly to , and were imported mostly from China ($203k), United States ($88.4k), Canada ($58.5k), Germany ($2.42k), and Mexico ($1.86k).

Growth In August 2021, the decrease in Natural Polymers's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Natural Polymers's year-by-year imports was explained primarily by an increase in imports from Belgium ($38.6k or 345%) and Austria ($18.1k or 98%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2019 - August 2021)$-7.63k(-24%)
IMPORT GROWTH (December 2020 - December 2021)$288k(430%)
MAIN DESTINATION (August 2021)

This section shows Natural Polymers'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 Natural Polymers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$967k
IMPORTS (2022)$11.9M
NET TRADE (2022)-$11M

In 2022, Ecuador exported $967k in Natural Polymers. The main destinations of Ecuador exports on Natural Polymers were Colombia ($328k), Guyana ($219k), Trinidad and Tobago ($132k), Peru ($107k), and Chile ($97.2k).

In 2022, Ecuador imported $11.9M in Natural Polymers, mainly from China ($8.56M), United States ($1.47M), Colombia ($364k), Spain ($324k), and Peru ($308k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural Polymers EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Colombia$236k (256%)
Guyana$219k (1%)
Trinidad and Tobago$132k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural Polymers BY Ecuador WERE (2021 - 2022):
Peru-$71.2k (-40%)
Guatemala-$13.6k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Natural Polymers were:
China $1.23B
Sweden $500M
United States $347M
In 2022, Ecuador's main importing competitors in Natural Polymers were:
United States $518M
Germany $218M
Japan $207M

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Trade Value of Natural Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $607
TOP IMPORT POTENTIALUnited States+ $154k

Natural Polymers’s highest export potential is Colombia. With an export gap of $607.   Natural Polymers’s highest import potential is United States with an import gap of $154k.

See methodology.

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