2022
Exports
$716MWorld Rnk 7 / 109
Flag Rnk 10 / 1017
2022
PRODUCT COMPLEXITY IN Precious Metal Ore
-1.71Rnk 973 / 1025
2022
Imports
$22.4kWorld Rnk 58 / 109
Flag Rnk 1094 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $716M in Precious Metal Ore, making it the 7th largest exporter of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 10th most exported product in Ecuador. The main destination of Precious Metal Ore exports from Ecuador are: China ($199M), Finland ($186M), Canada ($125M), Chinese Taipei ($71.4M), and Germany ($61.7M).

The fastest growing export markets for Precious Metal Ore of Ecuador between 2021 and 2022 were China ($104M), Canada ($67.3M), and Germany ($8.41M).

Imports In 2022, Ecuador imported $22.4k in Precious Metal Ore, becoming the 58th largest importer of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 1094th most imported product in Ecuador. Ecuador imports Precious Metal Ore primarily from: Canada ($20.2k), United States ($1.73k), Australia ($246), and Bulgaria ($242).

The fastest growing import markets in Precious Metal Ore for Ecuador between 2021 and 2022 were Canada ($7.56k), United States ($1.73k), and Australia ($246).

Latest Trends

Sep 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 Precious Metal Ore. 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)$716M
IMPORTS (2022)$22.4k
NET TRADE (2022)$716M

In 2022, Ecuador exported $716M in Precious Metal Ore. The main destinations of Ecuador exports on Precious Metal Ore were China ($199M), Finland ($186M), Canada ($125M), Chinese Taipei ($71.4M), and Germany ($61.7M).

In 2022, Ecuador imported $22.4k in Precious Metal Ore, mainly from Canada ($20.2k), United States ($1.73k), Australia ($246), and Bulgaria ($242).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Ore EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
China$104M (110%)
Canada$67.3M (117%)
Germany$8.41M (15.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Ore BY Ecuador WERE (2021 - 2022):
Chinese Taipei-$58.9M (-45.2%)
Finland-$7.44M (-3.84%)
Netherlands-$3.47M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Precious Metal Ore were:
In 2022, Ecuador's main importing competitors in Precious Metal Ore were:

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Trade Value of Precious Metal Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $44.4M
TOP IMPORT POTENTIALCanada+ $9.97k

Precious Metal Ore’s highest export potential is China. With an export gap of $44.4M.   Precious Metal Ore’s highest import potential is Canada with an import gap of $9.97k.

See methodology.

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