2022
Exports
$2World Rnk 112 / 112
Flag Rnk 1012 / 1017
2022
Imports
$418kWorld Rnk 61 / 173
Flag Rnk 890 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $2 in Vegetable waxes and beeswax, making it the 112th largest exporter of Vegetable waxes and beeswax in the world. At the same year, Vegetable waxes and beeswax was the 1012th most exported product in Ecuador. The main destination of Vegetable waxes and beeswax exports from Ecuador are: Mexico ($2).

The fastest growing export markets for Vegetable waxes and beeswax of Ecuador between 2021 and 2022 were Mexico ($2).

Imports In 2022, Ecuador imported $418k in Vegetable waxes and beeswax, becoming the 61st largest importer of Vegetable waxes and beeswax in the world. At the same year, Vegetable waxes and beeswax was the 890th most imported product in Ecuador. Ecuador imports Vegetable waxes and beeswax primarily from: Brazil ($114k), Spain ($87.6k), United States ($55.9k), China ($50.9k), and Indonesia ($38.6k).

The fastest growing import markets in Vegetable waxes and beeswax for Ecuador between 2021 and 2022 were Spain ($28.8k), Mexico ($26.6k), and United States ($23.3k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Vegetable waxes and beeswax. 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 (2022)$2
IMPORTS (2022)$418k
NET TRADE (2022)-$418k

In 2022, Ecuador exported $2 in Vegetable waxes and beeswax. The main destinations of Ecuador exports on Vegetable waxes and beeswax were Mexico ($2).

In 2022, Ecuador imported $418k in Vegetable waxes and beeswax, mainly from Brazil ($114k), Spain ($87.6k), United States ($55.9k), China ($50.9k), and Indonesia ($38.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable waxes and beeswax EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):Mexico$2 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable waxes and beeswax BY Ecuador WERE (2021 - 2022):
Australia-$38.2k (-100%)
Indonesia-$10.9k (-100%)
Panama-$72 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Vegetable waxes and beeswax were:
Brazil $98.5M
China $60.4M
Germany $33.7M
In 2022, Ecuador's main importing competitors in Vegetable waxes and beeswax were:

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Trade Value of Vegetable waxes and beeswax by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $407
TOP IMPORT POTENTIALBrazil+ $26.7k

Vegetable waxes and beeswax’s highest export potential is United States. With an export gap of $407.   Vegetable waxes and beeswax’s highest import potential is Brazil with an import gap of $26.7k.

See methodology.

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