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2022
Exports $461kWorld Rnk 109 / 167
Flag Rnk 362 / 1017
2022
Destination $215k United States
2021 - 2022
FASTEST GROWING MARKET $215kUnited States
2022
PRODUCT COMPLEXITY IN Wheat Flours-1.56Rnk 954 / 1025
2022
Imports $2.76MWorld Rnk 147 / 222
Flag Rnk 608 / 1175
2022
Origin $866k Peru
2021 - 2022
FASTEST GROWING ORIGIN $866kPeru
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $461k in Wheat Flours, making it the 109th largest exporter of Wheat Flours in the world. At the same year, Wheat Flours was the 362nd most exported product in Ecuador. The main destination of Wheat Flours exports from Ecuador are: United States ($456k), Panama ($4.49k), Netherlands ($116), Italy ($68), and Mexico ($19).

The fastest growing export markets for Wheat Flours of Ecuador between 2021 and 2022 were United States ($215k), Panama ($4.42k), and Netherlands ($116).

Imports In 2022, Ecuador imported $2.76M in Wheat Flours, becoming the 147th largest importer of Wheat Flours in the world. At the same year, Wheat Flours was the 608th most imported product in Ecuador. Ecuador imports Wheat Flours primarily from: Peru ($2.13M), Colombia ($591k), Finland ($15.2k), United States ($14.3k), and India ($3.83k).

The fastest growing import markets in Wheat Flours for Ecuador between 2021 and 2022 were Peru ($866k), Colombia ($548k), and Finland ($4.46k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Wheat Flours exports accounted up to $28.2k and imports accounted up to $135k, resulting in a negative trade balance of $107k. Between December 2020 and December 2021 the exports of Ecuador's   Wheat Flours have increased by $9.97k (54.8%) from $18.2k to $28.2k, while imports decreased by $-46.4k (-25.6%) from $182k to $135k.

Destinations In December 2021, Wheat Flours were exported mostly to United States ($20.1k) and Peru ($8.1k), and were imported mostly from Peru ($132k) and Finland ($3.5k).

Growth In December 2021, the increase in Wheat Flours's year-by-year exports was explained primarily by an increase in exports to United States ($18.9k or 840%). In December 2021, the decrease in Wheat Flours's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$9.97k(54.8%)
IMPORT GROWTH (December 2020 - December 2021)$-46.4k(-25.6%)
MAIN DESTINATION (December 2021)United States$20.1k

This section shows Wheat Flours'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 Wheat Flours over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$461k
IMPORTS (2022)$2.76M
NET TRADE (2022)-$2.29M

In 2022, Ecuador exported $461k in Wheat Flours. The main destinations of Ecuador exports on Wheat Flours were United States ($456k), Panama ($4.49k), Netherlands ($116), Italy ($68), and Mexico ($19).

In 2022, Ecuador imported $2.76M in Wheat Flours, mainly from Peru ($2.13M), Colombia ($591k), Finland ($15.2k), United States ($14.3k), and India ($3.83k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat Flours EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$215k (89.2%)
Panama$4.42k (5.89k%)
Netherlands$116 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat Flours BY Ecuador WERE (2021 - 2022):
Peru-$15.1k (-100%)
Spain-$5.23k (-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 Wheat Flours were:
Turkey $1.49B
Kazakhstan $752M
Germany $515M
In 2022, Ecuador's main importing competitors in Wheat Flours were:
Afghanistan $843M
Iraq $614M
Netherlands $338M

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Trade Value of Wheat Flours by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $236k
TOP IMPORT POTENTIALItaly+ $10.1k

Wheat Flours’s highest export potential is United States. With an export gap of $236k.   Wheat Flours’s highest import potential is Italy with an import gap of $10.1k.

See methodology.

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