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2022
Exports $148MWorld Rnk 21 / 142
Flag Rnk 17 / 1017
falsefalse Dominican Republic
2021 - 2022
FASTEST GROWING MARKETfalseDominican Republic
2022
PRODUCT COMPLEXITY IN Raw Tobacco-1.72Rnk 974 / 1025
2022
Imports $19.4kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2021 - 2022
FASTEST GROWING ORIGINfalsefalse
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $148M in Raw Tobacco, making it the 21st largest exporter of Raw Tobacco in the world. At the same year, Raw Tobacco was the 17th most exported product in Ecuador. The main destination of Raw Tobacco exports from Ecuador are: Dominican Republic ($81.4M), Nicaragua ($32.4M), Indonesia ($13M), Germany ($11.4M), and Belgium ($1.92M).

The fastest growing export markets for Raw Tobacco of Ecuador between 2021 and 2022 were Dominican Republic ($29.8M), Nicaragua ($6.63M), and Indonesia ($4.95M).

Imports In 2020, Ecuador imported $19.4k in Raw Tobacco, becoming the 0th largest importer of Raw Tobacco in the world. At the same year, Raw Tobacco was the 0th most imported product in Ecuador. Ecuador imports Raw Tobacco primarily from: N/A.

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Raw Tobacco exports accounted up to $10.1M and imports accounted up to $91.2k, resulting in a positive trade balance of $10M. Between December 2020 and December 2021 the exports of Ecuador's   Raw Tobacco have increased by $1.53M (17.9%) from $8.57M to $10.1M, while imports decreased by $-204k (-69.1%) from $295k to $91.2k.

Destinations In December 2021, Raw Tobacco were exported mostly to Dominican Republic ($7.46M), Nicaragua ($2.28M), and Indonesia ($366k), and were imported mostly from .

Growth In December 2021, the increase in Raw Tobacco's year-by-year exports was explained primarily by an increase in exports to Dominican Republic ($88.1k or 1.18%) and Costa Rica ($3.14k or 6.46%). In August 2018, the decrease in Raw Tobacco's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$1.53M(17.9%)
IMPORT GROWTH (August 2014 - August 2018)$-204k(-69.1%)
MAIN DESTINATION (December 2021)Dominican Republic$7.46M

This section shows Raw Tobacco'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 Raw Tobacco over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$148M
IMPORTS (2020)$19.4k
NET TRADE (2022)$148M

In 2022, Ecuador exported $148M in Raw Tobacco. The main destinations of Ecuador exports on Raw Tobacco were Dominican Republic ($81.4M), Nicaragua ($32.4M), Indonesia ($13M), Germany ($11.4M), and Belgium ($1.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Tobacco EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Dominican Republic$29.8M (57.7%)
Nicaragua$6.63M (25.7%)
Indonesia$4.95M (61.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Tobacco BY Ecuador WERE (2021 - 2022):
Sri Lanka-$1.01M (-45.1%)
Belgium-$875k (-31.2%)
Brazil-$477k (-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 Raw Tobacco were:
Brazil $1.73B
India $917M
Zimbabwe $835M
In 2022, Ecuador's main importing competitors in Raw Tobacco were:
Belgium $1.37B
China $1.15B
Indonesia $576M

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Trade Value of Raw Tobacco by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.81M
TOP IMPORT POTENTIALBrazil+ $483

Raw Tobacco’s highest export potential is United States. With an export gap of $2.81M.   Raw Tobacco’s highest import potential is Brazil with an import gap of $483.

See methodology.

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