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2018
Exports $12.6kWorld Rnk 140 / 160
Flag Rnk 761 / 1017
2018
Destination $12k Brazil
2021 - 2022
FASTEST GROWING MARKET $12kBrazil
2022
PRODUCT COMPLEXITY IN Petroleum Gas-1.98Rnk 1000 / 1025
2018
Imports $784MWorld Rnk 55 / 222
Flag Rnk 4 / 1175
2018
Origin $180M United States
2021 - 2022
FASTEST GROWING ORIGIN $180MUnited States
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2018, Ecuador exported $12.6k in Petroleum Gas, making it the 140th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 761st most exported product in Ecuador. The main destination of Petroleum Gas exports from Ecuador are: Brazil ($12.5k) and United States ($160).

The fastest growing export markets for Petroleum Gas of Ecuador between 2021 and 2022 were Brazil ($12k) and United States ($160).

Imports In 2022, Ecuador imported $784M in Petroleum Gas, becoming the 55th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 4th most imported product in Ecuador. Ecuador imports Petroleum Gas primarily from: United States ($784M), China ($164k), Panama ($72.6k), France ($33.1k), and Italy ($24.7k).

The fastest growing import markets in Petroleum Gas for Ecuador between 2021 and 2022 were United States ($180M), Panama ($72.6k), and China ($50.7k).

Latest Trends

Aug 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 Petroleum Gas. 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)$12.6k
IMPORTS (2022)$784M
NET TRADE (2022)-$784M

In 2022, Ecuador exported $12.6k in Petroleum Gas. The main destinations of Ecuador exports on Petroleum Gas were Brazil ($12.5k) and United States ($160).

In 2022, Ecuador imported $784M in Petroleum Gas, mainly from United States ($784M), China ($164k), Panama ($72.6k), France ($33.1k), and Italy ($24.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Brazil$12k (2.6k%)
United States$160 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Ecuador WERE (2021 - 2022):Colombia-$165k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Petroleum Gas were:
Norway $154B
United States $116B
Russia $71.5B
In 2022, Ecuador's main importing competitors in Petroleum Gas were:
Germany $98B
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $49k
TOP IMPORT POTENTIALFrance+ $315k

Petroleum Gas’s highest export potential is Brazil. With an export gap of $49k.   Petroleum Gas’s highest import potential is France with an import gap of $315k.

See methodology.

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