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2022
Exports $2.35MWorld Rnk 69 / 168
Flag Rnk 193 / 1017
2022
Destination $886k United States
2021 - 2022
FASTEST GROWING MARKET $886kUnited States
2022
PRODUCT COMPLEXITY IN Onions-2.01Rnk 1003 / 1025
2022
Imports $17.9MWorld Rnk 57 / 219
Flag Rnk 259 / 1175
2022
Origin $928k China
2021 - 2022
FASTEST GROWING ORIGIN $928kPeru
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $2.35M in Onions, making it the 69th largest exporter of Onions in the world. At the same year, Onions was the 193rd most exported product in Ecuador. The main destination of Onions exports from Ecuador are: United States ($1.59M), Canada ($392k), Colombia ($360k), Bahamas ($753), and Netherlands ($254).

The fastest growing export markets for Onions of Ecuador between 2021 and 2022 were United States ($886k), Colombia ($311k), and Bahamas ($753).

Imports In 2022, Ecuador imported $17.9M in Onions, becoming the 57th largest importer of Onions in the world. At the same year, Onions was the 259th most imported product in Ecuador. Ecuador imports Onions primarily from: China ($13.6M), Peru ($4.08M), Chile ($98.4k), Switzerland ($57.2k), and United States ($22.8k).

The fastest growing import markets in Onions for Ecuador between 2021 and 2022 were Peru ($928k), Chile ($78.9k), and Switzerland ($57.2k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Onions exports accounted up to $51k and imports accounted up to $1.01M, resulting in a negative trade balance of $955k. Between December 2020 and December 2021 the exports of Ecuador's   Onions have increased by $34.7k (213%) from $16.3k to $51k, while imports decreased by $-397k (-28.3%) from $1.4M to $1.01M.

Destinations In December 2021, Onions were exported mostly to Canada ($27.6k) and United States ($23.4k), and were imported mostly from China ($516k) and Peru ($490k).

Growth In December 2021, the increase in Onions's year-by-year exports was explained primarily by an increase in exports to Canada ($24.6k or 284%) and United States ($3.96k or 26.1%). In December 2021, the decrease in Onions's year-by-year imports was explained primarily by a decrease in imports from Peru ($-489k or -69.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$34.7k(213%)
IMPORT GROWTH (December 2020 - December 2021)$-397k(-28.3%)
MAIN DESTINATION (December 2021)Canada$27.6k

This section shows Onions'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 Onions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.35M
IMPORTS (2022)$17.9M
NET TRADE (2022)-$15.5M

In 2022, Ecuador exported $2.35M in Onions. The main destinations of Ecuador exports on Onions were United States ($1.59M), Canada ($392k), Colombia ($360k), Bahamas ($753), and Netherlands ($254).

In 2022, Ecuador imported $17.9M in Onions, mainly from China ($13.6M), Peru ($4.08M), Chile ($98.4k), Switzerland ($57.2k), and United States ($22.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Onions EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$886k (126%)
Colombia$311k (645%)
Bahamas$753 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Onions BY Ecuador WERE (2021 - 2022):
Canada-$190k (-32.6%)
Spain-$4.34k (-100%)
Norway-$2.79k (-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 Onions were:
China $2.43B
Netherlands $939M
Spain $628M
In 2022, Ecuador's main importing competitors in Onions were:
United States $826M
Indonesia $546M
Vietnam $433M

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Trade Value of Onions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $416k
TOP IMPORT POTENTIALPeru+ $439k

Onions’s highest export potential is United States. With an export gap of $416k.   Onions’s highest import potential is Peru with an import gap of $439k.

See methodology.

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