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2022
Exports $148MWorld Rnk 52 / 184
Flag Rnk 17 / 95
2022
Destination $29.5M Dominican Republic
2021 - 2022
FASTEST GROWING MARKET $29.5MDominican Republic
2022
PRODUCT COMPLEXITY IN Tobacco & substitutes-0.8Rnk 780 / 1025
2022
Imports $12.6MWorld Rnk 148 / 223
Flag Rnk 77 / 96
2022
Origin $8.94M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $8.94MBrazil
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $148M in Tobacco & substitutes, making it the 52nd largest exporter of Tobacco & substitutes in the world. At the same year, Tobacco & substitutes was the 17th most exported product in Ecuador. The main destination of Tobacco & substitutes exports from Ecuador are: Dominican Republic ($81.4M), Nicaragua ($32.4M), Indonesia ($13M), Germany ($11.4M), and Belgium ($1.92M).

The fastest growing export markets for Tobacco & substitutes of Ecuador between 2021 and 2022 were Dominican Republic ($29.5M), Nicaragua ($6.63M), and Indonesia ($4.95M).

Imports In 2022, Ecuador imported $12.6M in Tobacco & substitutes, becoming the 148th largest importer of Tobacco & substitutes in the world. At the same year, Tobacco & substitutes was the 77th most imported product in Ecuador. Ecuador imports Tobacco & substitutes primarily from: Brazil ($11.5M), Argentina ($647k), United States ($489k), Germany ($13.1k), and Belgium ($8.8k).

The fastest growing import markets in Tobacco & substitutes for Ecuador between 2021 and 2022 were Brazil ($8.94M), United States ($121k), and Germany ($12.3k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Tobacco & substitutes exports accounted up to $10.1M and imports accounted up to $1.36M, resulting in a positive trade balance of $8.75M. Between December 2020 and December 2021 the exports of Ecuador's   Tobacco & substitutes have increased by $1.53M (17.9%) from $8.57M to $10.1M, while imports increased by $1.28M (1.63k%) from $78.7k to $1.36M.

Destinations In December 2021, Tobacco & substitutes were exported mostly to Dominican Republic ($7.46M), Nicaragua ($2.28M), Indonesia ($366k), and Hong Kong ($17), and were imported mostly from Brazil ($1.22M) and Argentina ($135k).

Growth In December 2021, the increase in Tobacco & substitutes's year-by-year exports was explained primarily by an increase in exports to Dominican Republic ($88.1k or 1.18%), Costa Rica ($3.14k or 6.46%), and Brazil ($138 or 529%). In December 2021, the increase in Tobacco & substitutes's year-by-year imports was explained primarily by an increase in imports from Brazil ($87.7k or 46.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$1.53M(17.9%)
IMPORT GROWTH (December 2020 - December 2021)$1.28M(1.63k%)
MAIN DESTINATION (December 2021)Dominican Republic$7.46M

This section shows Tobacco & substitutes'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 Tobacco & substitutes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$148M
IMPORTS (2022)$12.6M
NET TRADE (2022)$135M

In 2022, Ecuador exported $148M in Tobacco & substitutes. The main destinations of Ecuador exports on Tobacco & substitutes were Dominican Republic ($81.4M), Nicaragua ($32.4M), Indonesia ($13M), Germany ($11.4M), and Belgium ($1.92M).

In 2022, Ecuador imported $12.6M in Tobacco & substitutes, mainly from Brazil ($11.5M), Argentina ($647k), United States ($489k), Germany ($13.1k), and Belgium ($8.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tobacco & substitutes EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Dominican Republic$29.5M (56.9%)
Nicaragua$6.63M (25.7%)
Indonesia$4.95M (61.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tobacco & substitutes BY Ecuador WERE (2021 - 2022):
Sri Lanka-$1.01M (-45.1%)
Belgium-$875k (-31.2%)
Brazil-$478k (-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 Tobacco & substitutes were:
United Arab Emirates $5.1B
Poland $4.62B
Germany $2.92B
In 2022, Ecuador's main importing competitors in Tobacco & substitutes were:
Germany $2.74B
Japan $2.41B
United States $2.38B

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Trade Value of Tobacco & substitutes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.81M
TOP IMPORT POTENTIALUnited States+ $163k

Tobacco & substitutes’s highest export potential is United States. With an export gap of $2.81M.   Tobacco & substitutes’s highest import potential is United States with an import gap of $163k.

See methodology.

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