2022
Exports
$170kWorld Rnk 50 / 105
Flag Rnk 484 / 1017
2022
PRODUCT COMPLEXITY IN Peat
-0.028Rnk 554 / 1025
2022
Imports
$6MWorld Rnk 43 / 195
Flag Rnk 466 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $170k in Peat, making it the 50th largest exporter of Peat in the world. At the same year, Peat was the 484th most exported product in Ecuador. The main destination of Peat exports from Ecuador are: United States ($170k).

The fastest growing export markets for Peat of Ecuador between 2021 and 2022 were United States ($170k).

Imports In 2022, Ecuador imported $6M in Peat, becoming the 43rd largest importer of Peat in the world. At the same year, Peat was the 466th most imported product in Ecuador. Ecuador imports Peat primarily from: Canada ($2.51M), Lithuania ($842k), Sri Lanka ($770k), Latvia ($608k), and Germany ($262k).

The fastest growing import markets in Peat for Ecuador between 2021 and 2022 were Canada ($1.71M), Lithuania ($347k), and Latvia ($113k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Peat. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$170k
IMPORTS (2022)$6M
NET TRADE (2022)-$5.83M

In 2022, Ecuador exported $170k in Peat. The main destinations of Ecuador exports on Peat were United States ($170k).

In 2022, Ecuador imported $6M in Peat, mainly from Canada ($2.51M), Lithuania ($842k), Sri Lanka ($770k), Latvia ($608k), and Germany ($262k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):United States$170k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Ecuador WERE (2021 - 2022):Slovakia-$3.35k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Peat were:
In 2022, Ecuador's main importing competitors in Peat were:

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Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $126k
TOP IMPORT POTENTIALNetherlands+ $83.4k

Peat’s highest export potential is United States. With an export gap of $126k.   Peat’s highest import potential is Netherlands with an import gap of $83.4k.

See methodology.

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