Silver in Ecuador | The Observatory of Economic Complexity

About

Exports In 2022, Ecuador exported $315k in Silver, making it the 90th largest exporter of Silver in the world. At the same year, Silver was the 412th most exported product in Ecuador. The main destination of Silver exports from Ecuador are: United States ($290k), United Kingdom ($21.5k), United Arab Emirates ($2.86k), and Nicaragua ($966).

The fastest growing export markets for Silver of Ecuador between 2021 and 2022 were United Kingdom ($21.5k) and Nicaragua ($966).

Imports In 2022, Ecuador imported $674k in Silver, becoming the 89th largest importer of Silver in the world. At the same year, Silver was the 829th most imported product in Ecuador. Ecuador imports Silver primarily from: United States ($431k), Chile ($139k), China ($43.4k), Colombia ($21k), and Chinese Taipei ($15.6k).

The fastest growing import markets in Silver for Ecuador between 2021 and 2022 were United States ($141k), Colombia ($15.6k), and China ($12.8k).

Latest Trends

July 2021

About

Overview In July 2021 Ecuador's Silver exports accounted up to $37.2k and imports accounted up to $16k, resulting in a positive trade balance of $21.2k. Between June 2020 and July 2021 the exports of Ecuador's Silver have increased by $37.1k (84.9k%) from $43.8 to $37.2k, while imports decreased by $-9.27k (-36.7%) from $25.3k to $16k.

Destinations In July 2021, Silver were exported mostly to , and were imported mostly from Chile ($15.8k) and United States ($171).

Growth In July 2021, the increase in Silver's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the decrease in Silver's year-by-year imports was explained primarily by a decrease in imports from United States ($-1.75k or -34%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2020 - July 2021)$37.1k(84.9k%)

IMPORT GROWTH (December 2020 - December 2021)$-9.27k(-36.7%)

MAIN DESTINATION (July 2021)

This section shows Silver'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 Silver over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$315k

IMPORTS (2022)$674k

NET TRADE (2022)-$359k

In 2022, Ecuador exported $315k in Silver. The main destinations of Ecuador exports on Silver were United States ($290k), United Kingdom ($21.5k), United Arab Emirates ($2.86k), and Nicaragua ($966).

In 2022, Ecuador imported $674k in Silver, mainly from United States ($431k), Chile ($139k), China ($43.4k), Colombia ($21k), and Chinese Taipei ($15.6k).

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