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2022
Exports $2.01MWorld Rnk 47 / 167
Flag Rnk 200 / 1017
2022
Destination $340k United States
2021 - 2022
FASTEST GROWING MARKET $340kUnited States
2022
PRODUCT COMPLEXITY IN Other Vegetable Products-1.61Rnk 961 / 1025
2022
Imports $896kWorld Rnk 74 / 195
Flag Rnk 794 / 1175
2022
Origin $48.7k India
2021 - 2022
FASTEST GROWING ORIGIN $48.7kChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $2.01M in Other Vegetable Products, making it the 47th largest exporter of Other Vegetable Products in the world. At the same year, Other Vegetable Products was the 200th most exported product in Ecuador. The main destination of Other Vegetable Products exports from Ecuador are: United States ($681k), Chile ($667k), Peru ($258k), Spain ($149k), and China ($139k).

The fastest growing export markets for Other Vegetable Products of Ecuador between 2021 and 2022 were United States ($340k), Chile ($261k), and Peru ($205k).

Imports In 2022, Ecuador imported $896k in Other Vegetable Products, becoming the 74th largest importer of Other Vegetable Products in the world. At the same year, Other Vegetable Products was the 794th most imported product in Ecuador. Ecuador imports Other Vegetable Products primarily from: India ($513k), Sri Lanka ($163k), Peru ($75.8k), China ($53.1k), and United States ($51.5k).

The fastest growing import markets in Other Vegetable Products for Ecuador between 2021 and 2022 were China ($48.7k), India ($46.3k), and United States ($36.4k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Other Vegetable Products exports accounted up to $74.1k and imports accounted up to $186k, resulting in a negative trade balance of $112k. Between December 2020 and December 2021 the exports of Ecuador's   Other Vegetable Products have increased by $25.9k (53.8%) from $48.2k to $74.1k, while imports increased by $126k (210%) from $60k to $186k.

Destinations In December 2021, Other Vegetable Products were exported mostly to Spain ($37.2k), China ($24.5k), and United States ($12.5k), and were imported mostly from India ($148k), Peru ($35.8k), and United States ($2.27k).

Growth In December 2021, the increase in Other Vegetable Products's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Other Vegetable Products's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$25.9k(53.8%)
IMPORT GROWTH (December 2020 - December 2021)$126k(210%)
MAIN DESTINATION (December 2021)Spain$37.2k

This section shows Other Vegetable Products'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 Other Vegetable Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.01M
IMPORTS (2022)$896k
NET TRADE (2022)$1.12M

In 2022, Ecuador exported $2.01M in Other Vegetable Products. The main destinations of Ecuador exports on Other Vegetable Products were United States ($681k), Chile ($667k), Peru ($258k), Spain ($149k), and China ($139k).

In 2022, Ecuador imported $896k in Other Vegetable Products, mainly from India ($513k), Sri Lanka ($163k), Peru ($75.8k), China ($53.1k), and United States ($51.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Products EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$340k (99.8%)
Chile$261k (64.4%)
Peru$205k (382%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Products BY Ecuador WERE (2021 - 2022):
Spain-$33.8k (-18.4%)
Turkey-$14.3k (-100%)
Chinese Taipei-$2.42k (-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 Other Vegetable Products were:
Indonesia $449M
China $139M
India $139M
In 2022, Ecuador's main importing competitors in Other Vegetable Products were:
Japan $472M
United States $107M
South Korea $104M

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Trade Value of Other Vegetable Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $337k
TOP IMPORT POTENTIALPeru+ $42.7k

Other Vegetable Products’s highest export potential is United States. With an export gap of $337k.   Other Vegetable Products’s highest import potential is Peru with an import gap of $42.7k.

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