Rice in Ecuador | The Observatory of Economic Complexity

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Exports In 2023, Ecuador exported $4.37M in Rice, making it the 65th largest exporter of Rice in the world. At the same year, Rice was the 126th most exported product in Ecuador. The main destination of Rice exports from Ecuador are: Colombia ($2.86M), Peru ($1.28M), United States ($141k), Spain ($32.2k), and Bulgaria ($18k).

The fastest growing export markets for Rice of Ecuador between 2022 and 2023 were Peru ($549k), United States ($127k), and Bulgaria ($18k).

Imports In 2023, Ecuador imported $12.5M in Rice, becoming the 140th largest importer of Rice in the world. At the same year, Rice was the 322nd most imported product in Ecuador. Ecuador imports Rice primarily from: Uruguay ($11.9M), United States ($289k), Italy ($147k), Argentina ($83.2k), and China ($6.25k).

The fastest growing import markets in Rice for Ecuador between 2022 and 2023 were Uruguay ($11.9M), China ($6.25k), and Brazil ($500).

Latest Trends

December 2021

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Overview In December 2021 Ecuador's Rice exports accounted up to $5.5M and imports accounted up to $44.1k, resulting in a positive trade balance of $5.45M. Between December 2020 and December 2021 the exports of Ecuador's Rice have increased by $5.16M (1.51k%) from $341k to $5.5M, while imports decreased by $-58.1k (-56.8%) from $102k to $44.1k.

Destinations In December 2021, Rice were exported mostly to Colombia ($5.15M), Guatemala ($251k), Costa Rica ($79.4k), and Peru ($20.1k), and were imported mostly from United States ($41.3k) and Italy ($2.8k).

Growth In December 2021, the increase in Rice's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the decrease in Rice's year-by-year imports was explained primarily by a decrease in imports from United States ($-37.2k or -42.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2020 - December 2021)$5.16M(1.51k%)

IMPORT GROWTH (December 2020 - December 2021)$-58.1k(-56.8%)

MAIN DESTINATION (December 2021)Colombia$5.15M

This section shows Rice'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 Rice over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$4.37M

IMPORTS (2023)$12.5M

NET TRADE (2023)-$8.11M

In 2023, Ecuador exported $4.37M in Rice. The main destinations of Ecuador exports on Rice were Colombia ($2.86M), Peru ($1.28M), United States ($141k), Spain ($32.2k), and Bulgaria ($18k).

In 2023, Ecuador imported $12.5M in Rice, mainly from Uruguay ($11.9M), United States ($289k), Italy ($147k), Argentina ($83.2k), and China ($6.25k).

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