2023
Exports
$1.44MWorld Rnk 97 / 208
Flag Rnk 219 / 1002
2023
PRODUCT COMPLEXITY IN Vaccines, blood, antisera, toxins and cultures
1.25Rnk 89 / 1025
2023
Imports
$258MWorld Rnk 64 / 222
Flag Rnk 18 / 1173
2023
ECONOMIC COMPLEXITY of Ecuador
-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $1.44M in Vaccines, blood, antisera, toxins and cultures, making it the 97th largest exporter of Vaccines, blood, antisera, toxins and cultures in the world. At the same year, Vaccines, blood, antisera, toxins and cultures was the 219th most exported product in Ecuador. The main destination of Vaccines, blood, antisera, toxins and cultures exports from Ecuador are: Peru ($775k), Colombia ($337k), Bolivia ($148k), Chile ($49.1k), and Kenya ($20k).

The fastest growing export markets for Vaccines, blood, antisera, toxins and cultures of Ecuador between 2022 and 2023 were Bolivia ($98.3k), Kenya ($18.4k), and China ($9.72k).

Imports In 2023, Ecuador imported $258M in Vaccines, blood, antisera, toxins and cultures, becoming the 64th largest importer of Vaccines, blood, antisera, toxins and cultures in the world. At the same year, Vaccines, blood, antisera, toxins and cultures was the 18th most imported product in Ecuador. Ecuador imports Vaccines, blood, antisera, toxins and cultures primarily from: United States ($52.9M), Germany ($43.9M), South Korea ($20.2M), Switzerland ($18.8M), and Ireland ($13.3M).

The fastest growing import markets in Vaccines, blood, antisera, toxins and cultures for Ecuador between 2022 and 2023 were Germany ($7.37M), Ireland ($5.88M), and Australia ($3.87M).

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-153k(-99.6%)
IMPORT GROWTH (December 2020 - December 2021)$34.6M(238%)
MAIN DESTINATION (December 2021)Rest of the world$557

This section shows Vaccines, blood, antisera, toxins and cultures'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 Vaccines, blood, antisera, toxins and cultures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.44M
IMPORTS (2023)$258M
NET TRADE (2023)-$256M

In 2023, Ecuador exported $1.44M in Vaccines, blood, antisera, toxins and cultures. The main destinations of Ecuador exports on Vaccines, blood, antisera, toxins and cultures were Peru ($775k), Colombia ($337k), Bolivia ($148k), Chile ($49.1k), and Kenya ($20k).

In 2023, Ecuador imported $258M in Vaccines, blood, antisera, toxins and cultures, mainly from United States ($52.9M), Germany ($43.9M), South Korea ($20.2M), Switzerland ($18.8M), and Ireland ($13.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vaccines, blood, antisera, toxins and cultures EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Bolivia$98.3k (199%)
Kenya$18.4k (1.13k%)
China$9.72k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vaccines, blood, antisera, toxins and cultures BY Ecuador WERE (2022 - 2023):
Chile-$1.58M (-97%)
Peru-$216k (-21.8%)
Colombia-$170k (-33.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Vaccines, blood, antisera, toxins and cultures were:
In 2023, Ecuador's main importing competitors in Vaccines, blood, antisera, toxins and cultures were:

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Trade Value of Vaccines, blood, antisera, toxins and cultures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $525k
TOP IMPORT POTENTIALUnited States+ $17.2M

Vaccines, blood, antisera, toxins and cultures’s highest export potential is Colombia. With an export gap of $525k.   Vaccines, blood, antisera, toxins and cultures’s highest import potential is United States with an import gap of $17.2M.

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