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2022
Exports $288World Rnk 126 / 133
Flag Rnk 952 / 1017
2022
Destination $153 Netherlands
2021 - 2022
FASTEST GROWING MARKET $153Netherlands
2022
PRODUCT COMPLEXITY IN Wheat-0.42Rnk 677 / 1025
2022
Imports $657MWorld Rnk 31 / 194
Flag Rnk 6 / 1175
2022
Origin $63.3M Canada
2021 - 2022
FASTEST GROWING ORIGIN $63.3MArgentina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $288 in Wheat, making it the 126th largest exporter of Wheat in the world. At the same year, Wheat was the 952nd most exported product in Ecuador. The main destination of Wheat exports from Ecuador are: Netherlands ($153) and Bahrain ($135).

The fastest growing export markets for Wheat of Ecuador between 2021 and 2022 were Netherlands ($153) and Bahrain ($135).

Imports In 2022, Ecuador imported $657M in Wheat, becoming the 31st largest importer of Wheat in the world. At the same year, Wheat was the 6th most imported product in Ecuador. Ecuador imports Wheat primarily from: Canada ($320M), United States ($133M), Argentina ($133M), Brazil ($59.7M), and Russia ($9.89M).

The fastest growing import markets in Wheat for Ecuador between 2021 and 2022 were Argentina ($63.3M), Brazil ($59.7M), and Russia ($9.89M).

COMPANIES In 2021, leading companies such as Dole Fresh Fruit (3) were at the forefront of shipping Wheat from Ecuador to the United States.

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
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 Wheat. 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)$288
IMPORTS (2022)$657M
NET TRADE (2022)-$657M

In 2022, Ecuador exported $288 in Wheat. The main destinations of Ecuador exports on Wheat were Netherlands ($153) and Bahrain ($135).

In 2022, Ecuador imported $657M in Wheat, mainly from Canada ($320M), United States ($133M), Argentina ($133M), Brazil ($59.7M), and Russia ($9.89M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Netherlands$153 (1%)
Bahrain$135 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Ecuador WERE (2021 - 2022):Norway-$4 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Wheat were:
Australia $10.2B
United States $9.21B
Canada $8.87B
In 2022, Ecuador's main importing competitors in Wheat were:
Egypt $4.82B
China $4.52B
Indonesia $3.38B

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $776
TOP IMPORT POTENTIALBrazil+ $1.62M

Wheat’s highest export potential is China. With an export gap of $776.   Wheat’s highest import potential is Brazil with an import gap of $1.62M.

See methodology.

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