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2022
Exports $26MWorld Rnk 74 / 200
Flag Rnk 59 / 1017
2022
Destination $5.55M Brazil
2021 - 2022
FASTEST GROWING MARKET $5.55MBrazil
2022
PRODUCT COMPLEXITY IN Scrap Aluminium-0.74Rnk 767 / 1025
2022
Imports $9.26MWorld Rnk 53 / 157
Flag Rnk 392 / 1175
2022
Origin $1.13M Costa Rica
2021 - 2022
FASTEST GROWING ORIGIN $1.13MCosta Rica
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $26M in Scrap Aluminium, making it the 74th largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 59th most exported product in Ecuador. The main destination of Scrap Aluminium exports from Ecuador are: Brazil ($8.8M), Malaysia ($5.38M), India ($3.2M), China ($1.91M), and South Korea ($1.15M).

The fastest growing export markets for Scrap Aluminium of Ecuador between 2021 and 2022 were Brazil ($5.55M), China ($1.48M), and India ($695k).

Imports In 2022, Ecuador imported $9.26M in Scrap Aluminium, becoming the 53rd largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 392nd most imported product in Ecuador. Ecuador imports Scrap Aluminium primarily from: Costa Rica ($3.2M), El Salvador ($2.07M), Guatemala ($1.04M), Peru ($1.04M), and Nicaragua ($569k).

The fastest growing import markets in Scrap Aluminium for Ecuador between 2021 and 2022 were Costa Rica ($1.13M), El Salvador ($280k), and Bahrain ($240k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Scrap Aluminium exports accounted up to $1.67M and imports accounted up to $39.6k, resulting in a positive trade balance of $1.63M. Between December 2020 and December 2021 the exports of Ecuador's   Scrap Aluminium have increased by $361k (27.6%) from $1.3M to $1.67M, while imports decreased by $-167k (-80.8%) from $206k to $39.6k.

Destinations In December 2021, Scrap Aluminium were exported mostly to Brazil ($533k), Malaysia ($381k), Spain ($161k), China ($126k), and South Korea ($106k), and were imported mostly from Colombia ($36.3k), Oman ($1.86k), and China ($1.45k).

Growth In December 2021, the increase in Scrap Aluminium's year-by-year exports was explained primarily by an increase in exports to Malaysia ($271k or 214%), South Korea ($46.3k or 27.6%), and Brazil ($25k or 29.8%). In December 2021, the decrease in Scrap Aluminium'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)$361k(27.6%)
IMPORT GROWTH (December 2020 - December 2021)$-167k(-80.8%)
MAIN DESTINATION (December 2021)Brazil$533k

This section shows Scrap Aluminium'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 Scrap Aluminium over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$26M
IMPORTS (2022)$9.26M
NET TRADE (2022)$16.8M

In 2022, Ecuador exported $26M in Scrap Aluminium. The main destinations of Ecuador exports on Scrap Aluminium were Brazil ($8.8M), Malaysia ($5.38M), India ($3.2M), China ($1.91M), and South Korea ($1.15M).

In 2022, Ecuador imported $9.26M in Scrap Aluminium, mainly from Costa Rica ($3.2M), El Salvador ($2.07M), Guatemala ($1.04M), Peru ($1.04M), and Nicaragua ($569k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Brazil$5.55M (171%)
China$1.48M (340%)
India$695k (27.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY Ecuador WERE (2021 - 2022):
Spain-$706k (-70%)
South Korea-$382k (-24.9%)
Colombia-$96.5k (-25%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Scrap Aluminium were:
United States $3.83B
Germany $2.28B
Canada $1.36B
In 2022, Ecuador's main importing competitors in Scrap Aluminium were:
India $3.5B
South Korea $1.84B
Germany $1.76B

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $3.99M
TOP IMPORT POTENTIALUnited States+ $1.05M

Scrap Aluminium’s highest export potential is India. With an export gap of $3.99M.   Scrap Aluminium’s highest import potential is United States with an import gap of $1.05M.

See methodology.

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