2023
Exports
$7.28kWorld Rnk 77 / 102
Flag Rnk 799 / 1002
2023
PRODUCT COMPLEXITY IN Synthetic Tanning Extracts
-0.13Rnk 598 / 1025
2023
Imports
$1.5MWorld Rnk 50 / 174
Flag Rnk 694 / 1173
2023
ECONOMIC COMPLEXITY of Ecuador
-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $7.28k in Synthetic Tanning Extracts, making it the 77th largest exporter of Synthetic Tanning Extracts in the world. At the same year, Synthetic Tanning Extracts was the 799th most exported product in Ecuador. The main destination of Synthetic Tanning Extracts exports from Ecuador are: Guatemala ($5.95k) and Colombia ($1.33k).

The fastest growing export markets for Synthetic Tanning Extracts of Ecuador between 2022 and 2023 were Guatemala ($5.95k) and Colombia ($1.33k).

Imports In 2023, Ecuador imported $1.5M in Synthetic Tanning Extracts, becoming the 50th largest importer of Synthetic Tanning Extracts in the world. At the same year, Synthetic Tanning Extracts was the 694th most imported product in Ecuador. Ecuador imports Synthetic Tanning Extracts primarily from: Spain ($848k), Brazil ($121k), Netherlands ($121k), Germany ($101k), and Italy ($96.2k).

The fastest growing import markets in Synthetic Tanning Extracts for Ecuador between 2022 and 2023 were India ($54.3k), United States ($31.5k), and Germany ($30.3k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Synthetic Tanning Extracts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$7.28k
IMPORTS (2023)$1.5M
NET TRADE (2023)-$1.49M

In 2023, Ecuador exported $7.28k in Synthetic Tanning Extracts. The main destinations of Ecuador exports on Synthetic Tanning Extracts were Guatemala ($5.95k) and Colombia ($1.33k).

In 2023, Ecuador imported $1.5M in Synthetic Tanning Extracts, mainly from Spain ($848k), Brazil ($121k), Netherlands ($121k), Germany ($101k), and Italy ($96.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Synthetic Tanning Extracts EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Guatemala$5.95k (1%)
Colombia$1.33k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Tanning Extracts BY Ecuador WERE (2022 - 2023):
Chile-$127 (-100%)
Spain-$116 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ecuador's main exporting competitors in Synthetic Tanning Extracts were:
Italy $105M
Germany $71.5M
Spain $63.9M
In 2023, Ecuador's main importing competitors in Synthetic Tanning Extracts were:
China $89.7M
Italy $48.4M
Brazil $46.1M

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Trade Value of Synthetic Tanning Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $420
TOP IMPORT POTENTIALItaly+ $42.9k

Synthetic Tanning Extracts’s highest export potential is China. With an export gap of $420.   Synthetic Tanning Extracts’s highest import potential is Italy with an import gap of $42.9k.

See methodology.

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