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2022
Exports $1.46MWorld Rnk 73 / 197
Flag Rnk 227 / 1017
2022
Destination $55.8k United States
2021 - 2022
FASTEST GROWING MARKET $55.8kUnited States
2022
PRODUCT COMPLEXITY IN Tea-1.99Rnk 1002 / 1025
2022
Imports $646kWorld Rnk 157 / 223
Flag Rnk 839 / 1175
2022
Origin $59k United States
2021 - 2022
FASTEST GROWING ORIGIN $59kIsrael
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $1.46M in Tea, making it the 73rd largest exporter of Tea in the world. At the same year, Tea was the 227th most exported product in Ecuador. The main destination of Tea exports from Ecuador are: United States ($785k), Colombia ($315k), Costa Rica ($180k), Malaysia ($59.9k), and Uruguay ($55.6k).

The fastest growing export markets for Tea of Ecuador between 2021 and 2022 were United States ($55.8k), Costa Rica ($49.4k), and Uruguay ($6.55k).

Imports In 2022, Ecuador imported $646k in Tea, becoming the 157th largest importer of Tea in the world. At the same year, Tea was the 839th most imported product in Ecuador. Ecuador imports Tea primarily from: United States ($129k), China ($110k), Poland ($98.1k), Germany ($88.6k), and Chile ($79k).

The fastest growing import markets in Tea for Ecuador between 2021 and 2022 were Israel ($59k), Poland ($47.5k), and Chile ($36.4k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Tea exports accounted up to $111k and imports accounted up to $35.5k, resulting in a positive trade balance of $75.2k. Between December 2020 and December 2021 the exports of Ecuador's   Tea have decreased by $-14.8k (-11.8%) from $126k to $111k, while imports increased by $28.6k (417%) from $6.86k to $35.5k.

Destinations In December 2021, Tea were exported mostly to United States ($81.4k), Uruguay ($24k), and Panama ($5.33k), and were imported mostly from Sri Lanka ($23.4k) and Chile ($12.1k).

Growth In December 2021, the decrease in Tea's year-by-year exports was explained primarily by a decrease in exports to United States ($-21.2k or -32.7%). In December 2021, the increase in Tea's year-by-year imports was explained primarily by an increase in imports from Chile ($2.15k or 19.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-14.8k(-11.8%)
IMPORT GROWTH (December 2020 - December 2021)$28.6k(417%)
MAIN DESTINATION (December 2021)United States$81.4k

This section shows Tea'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 Tea over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.46M
IMPORTS (2022)$646k
NET TRADE (2022)$811k

In 2022, Ecuador exported $1.46M in Tea. The main destinations of Ecuador exports on Tea were United States ($785k), Colombia ($315k), Costa Rica ($180k), Malaysia ($59.9k), and Uruguay ($55.6k).

In 2022, Ecuador imported $646k in Tea, mainly from United States ($129k), China ($110k), Poland ($98.1k), Germany ($88.6k), and Chile ($79k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$55.8k (7.66%)
Costa Rica$49.4k (37.9%)
Uruguay$6.55k (13.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Ecuador WERE (2021 - 2022):
Netherlands-$80.5k (-100%)
Panama-$40.5k (-46.7%)
Malaysia-$23.5k (-28.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Tea were:
China $1.77B
Kenya $1.39B
Sri Lanka $1.29B
In 2022, Ecuador's main importing competitors in Tea were:
Pakistan $707M
United States $522M
Russia $448M

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Trade Value of Tea by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $435k
TOP IMPORT POTENTIALChina+ $112k

Tea’s highest export potential is United States. With an export gap of $435k.   Tea’s highest import potential is China with an import gap of $112k.

See methodology.

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