2023
Exports
$408kWorld Rnk 88 / 174
Flag Rnk 353 / 1002
2023
PRODUCT COMPLEXITY IN Synthetic Coloring Matter
0.67Rnk 296 / 1025
2023
Imports
$27.4MWorld Rnk 57 / 214
Flag Rnk 180 / 1173
2023
ECONOMIC COMPLEXITY of Ecuador
-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $408k in Synthetic Coloring Matter, making it the 88th largest exporter of Synthetic Coloring Matter in the world. At the same year, Synthetic Coloring Matter was the 353rd most exported product in Ecuador. The main destination of Synthetic Coloring Matter exports from Ecuador are: Thailand ($349k), Israel ($18.2k), Colombia ($15k), El Salvador ($6.9k), and Costa Rica ($6.19k).

The fastest growing export markets for Synthetic Coloring Matter of Ecuador between 2022 and 2023 were Thailand ($44.8k), Israel ($18.2k), and Chile ($3.31k).

Imports In 2023, Ecuador imported $27.4M in Synthetic Coloring Matter, becoming the 57th largest importer of Synthetic Coloring Matter in the world. At the same year, Synthetic Coloring Matter was the 180th most imported product in Ecuador. Ecuador imports Synthetic Coloring Matter primarily from: Colombia ($5.84M), China ($3.8M), India ($3.67M), United States ($2.68M), and Brazil ($2.21M).

The fastest growing import markets in Synthetic Coloring Matter for Ecuador between 2022 and 2023 were Turkey ($391k), Nicaragua ($371k), and Colombia ($322k).

COMPANIES In 2021, leading companies such as Dole Fresh Fruit (400), Continental Tire (1), and One Banana (1) were at the forefront of shipping Synthetic Coloring Matter from Ecuador to the United States.

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2020 - December 2021)$-50.4k(-93.2%)
IMPORT GROWTH (December 2020 - December 2021)$1.18M(58.5%)
MAIN DESTINATION (December 2021)Peru$3.69k

This section shows Synthetic Coloring Matter'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 Synthetic Coloring Matter over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$408k
IMPORTS (2023)$27.4M
NET TRADE (2023)-$27M

In 2023, Ecuador exported $408k in Synthetic Coloring Matter. The main destinations of Ecuador exports on Synthetic Coloring Matter were Thailand ($349k), Israel ($18.2k), Colombia ($15k), El Salvador ($6.9k), and Costa Rica ($6.19k).

In 2023, Ecuador imported $27.4M in Synthetic Coloring Matter, mainly from Colombia ($5.84M), China ($3.8M), India ($3.67M), United States ($2.68M), and Brazil ($2.21M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Synthetic Coloring Matter EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Thailand$44.8k (14.7%)
Israel$18.2k (1%)
Chile$3.31k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Coloring Matter BY Ecuador WERE (2022 - 2023):
El Salvador-$119k (-94.5%)
Dominican Republic-$64.1k (-100%)
Colombia-$59.1k (-79.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Synthetic Coloring Matter were:
China $2.4B
India $2.34B
Germany $1.17B
In 2023, Ecuador's main importing competitors in Synthetic Coloring Matter were:

Explore Visualizations

Trade Value of Synthetic Coloring Matter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $54.7k
TOP IMPORT POTENTIALIndia+ $2M

Synthetic Coloring Matter’s highest export potential is Brazil. With an export gap of $54.7k.   Synthetic Coloring Matter’s highest import potential is India with an import gap of $2M.

See methodology.

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