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2022
Exports $2.98MWorld Rnk 100 / 151
Flag Rnk 166 / 1017
2022
Destination $1.73M Peru
2021 - 2022
FASTEST GROWING MARKET $1.73MPeru
2022
PRODUCT COMPLEXITY IN Nitrogenous Fertilizers-1.29Rnk 905 / 1025
2022
Imports $251MWorld Rnk 47 / 211
Flag Rnk 19 / 1175
2022
Origin $43M Russia
2021 - 2022
FASTEST GROWING ORIGIN $43MRussia
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $2.98M in Nitrogenous Fertilizers, making it the 100th largest exporter of Nitrogenous Fertilizers in the world. At the same year, Nitrogenous Fertilizers was the 166th most exported product in Ecuador. The main destination of Nitrogenous Fertilizers exports from Ecuador are: Peru ($2.22M), Colombia ($476k), Chile ($148k), Dominican Republic ($98k), and Bolivia ($21.2k).

The fastest growing export markets for Nitrogenous Fertilizers of Ecuador between 2021 and 2022 were Peru ($1.73M), Colombia ($427k), and Dominican Republic ($19.6k).

Imports In 2022, Ecuador imported $251M in Nitrogenous Fertilizers, becoming the 47th largest importer of Nitrogenous Fertilizers in the world. At the same year, Nitrogenous Fertilizers was the 19th most imported product in Ecuador. Ecuador imports Nitrogenous Fertilizers primarily from: Russia ($124M), China ($48M), United States ($19.9M), Italy ($14.7M), and Netherlands ($12M).

The fastest growing import markets in Nitrogenous Fertilizers for Ecuador between 2021 and 2022 were Russia ($43M), United States ($17.9M), and Chile ($5.5M).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Nitrogenous Fertilizers exports accounted up to $30.7k and imports accounted up to $27.8M, resulting in a negative trade balance of $27.7M. Between December 2020 and December 2021 the exports of Ecuador's   Nitrogenous Fertilizers have increased by $4.39k (16.7%) from $26.3k to $30.7k, while imports increased by $6.5M (30.6%) from $21.3M to $27.8M.

Destinations In December 2021, Nitrogenous Fertilizers were exported mostly to Peru ($30.7k), and were imported mostly from Russia ($11.7M), China ($10.4M), Finland ($4.15M), Italy ($531k), and Chile ($357k).

Growth In December 2021, the increase in Nitrogenous Fertilizers's year-by-year exports was explained primarily by an increase in exports to Peru ($32.6k or 435%). In December 2021, the increase in Nitrogenous Fertilizers's year-by-year imports was explained primarily by an increase in imports from China ($718k or 35.3%), Russia ($572k or 7.6%), and Peru ($28.7k or 301%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$4.39k(16.7%)
IMPORT GROWTH (December 2020 - December 2021)$6.5M(30.6%)
MAIN DESTINATION (December 2021)Peru$30.7k

This section shows Nitrogenous 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 Nitrogenous Fertilizers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.98M
IMPORTS (2022)$251M
NET TRADE (2022)-$248M

In 2022, Ecuador exported $2.98M in Nitrogenous Fertilizers. The main destinations of Ecuador exports on Nitrogenous Fertilizers were Peru ($2.22M), Colombia ($476k), Chile ($148k), Dominican Republic ($98k), and Bolivia ($21.2k).

In 2022, Ecuador imported $251M in Nitrogenous Fertilizers, mainly from Russia ($124M), China ($48M), United States ($19.9M), Italy ($14.7M), and Netherlands ($12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrogenous Fertilizers EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Peru$1.73M (353%)
Colombia$427k (869%)
Dominican Republic$19.6k (25%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrogenous Fertilizers BY Ecuador WERE (2021 - 2022):
Bolivia-$111k (-84%)
Chile-$50.4k (-25.3%)
Nicaragua-$4.81k (-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 Nitrogenous Fertilizers were:
Russia $6.27B
China $5.59B
Oman $4.14B
In 2022, Ecuador's main importing competitors in Nitrogenous Fertilizers were:
India $7.37B
Brazil $6.03B
United States $4.79B

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Trade Value of Nitrogenous Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $760k
TOP IMPORT POTENTIALUnited States+ $3.42M

Nitrogenous Fertilizers’s highest export potential is Peru. With an export gap of $760k.   Nitrogenous Fertilizers’s highest import potential is United States with an import gap of $3.42M.

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