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2022
Exports $88.5MWorld Rnk 51 / 196
Flag Rnk 27 / 1017
2022
Destination $12.3M China
2021 - 2022
FASTEST GROWING MARKET $12.3MChina
2022
PRODUCT COMPLEXITY IN Scrap Copper-0.9Rnk 809 / 1025
2022
Imports $4.2MWorld Rnk 59 / 147
Flag Rnk 526 / 1175
2022
Origin $1.32M Nicaragua
2021 - 2022
FASTEST GROWING ORIGIN $1.32MPeru
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $88.5M in Scrap Copper, making it the 51st largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 27th most exported product in Ecuador. The main destination of Scrap Copper exports from Ecuador are: China ($45.2M), South Korea ($19.9M), Brazil ($13.4M), Peru ($1.73M), and Slovakia ($1.69M).

The fastest growing export markets for Scrap Copper of Ecuador between 2021 and 2022 were China ($12.3M), Brazil ($5.41M), and Malaysia ($1.18M).

Imports In 2022, Ecuador imported $4.2M in Scrap Copper, becoming the 59th largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 526th most imported product in Ecuador. Ecuador imports Scrap Copper primarily from: Nicaragua ($2M), Peru ($1.36M), United States ($555k), Panama ($171k), and Guatemala ($57.9k).

The fastest growing import markets in Scrap Copper for Ecuador between 2021 and 2022 were Peru ($1.32M), Guatemala ($57.9k), and Colombia ($51k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Scrap Copper exports accounted up to $8.57M and imports accounted up to $4.9k, resulting in a positive trade balance of $8.56M. Between December 2020 and December 2021 the exports of Ecuador's   Scrap Copper have increased by $2.48M (40.7%) from $6.09M to $8.57M, while imports decreased by $-552k (-99.1%) from $557k to $4.9k.

Destinations In December 2021, Scrap Copper were exported mostly to China ($5.39M), South Korea ($2.52M), Brazil ($388k), United States ($123k), and Malaysia ($111k), and were imported mostly from Peru ($4.9k).

Growth In December 2021, the increase in Scrap Copper's year-by-year exports was explained primarily by an increase in exports to Brazil ($1.12M or 106%) and Chile ($255k or 122%). In December 2021, the decrease in Scrap Copper'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)$2.48M(40.7%)
IMPORT GROWTH (September 2020 - December 2021)$-552k(-99.1%)
MAIN DESTINATION (December 2021)China$5.39M

This section shows Scrap Copper'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 Copper over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$88.5M
IMPORTS (2022)$4.2M
NET TRADE (2022)$84.2M

In 2022, Ecuador exported $88.5M in Scrap Copper. The main destinations of Ecuador exports on Scrap Copper were China ($45.2M), South Korea ($19.9M), Brazil ($13.4M), Peru ($1.73M), and Slovakia ($1.69M).

In 2022, Ecuador imported $4.2M in Scrap Copper, mainly from Nicaragua ($2M), Peru ($1.36M), United States ($555k), Panama ($171k), and Guatemala ($57.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Copper EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
China$12.3M (37.4%)
Brazil$5.41M (67.5%)
Malaysia$1.18M (500%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Copper BY Ecuador WERE (2021 - 2022):
South Korea-$4.92M (-19.8%)
Russia-$3.13M (-100%)
Chile-$2.57M (-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 Scrap Copper were:
United States $5.05B
Germany $2.23B
Japan $2.02B
In 2022, Ecuador's main importing competitors in Scrap Copper were:
China $9.38B
Germany $3.52B
South Korea $2.32B

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Trade Value of Scrap Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $19.1M
TOP IMPORT POTENTIALUnited States+ $631k

Scrap Copper’s highest export potential is China. With an export gap of $19.1M.   Scrap Copper’s highest import potential is United States with an import gap of $631k.

See methodology.

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