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2023
Exports $2MWorld Rnk 64 / 162
Flag Rnk 184 / 1002
2023
Destination $471k France
2022 - 2023
FASTEST GROWING MARKET $471kFrance
2023
PRODUCT COMPLEXITY IN Yeast-0.44Rnk 678 / 1025
2023
Imports $13.4MWorld Rnk 62 / 219
Flag Rnk 305 / 1173
2023
Origin $1.08M Colombia
2022 - 2023
FASTEST GROWING ORIGIN $1.08MColombia
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $2M in Yeast, making it the 64th largest exporter of Yeast in the world. At the same year, Yeast was the 184th most exported product in Ecuador. The main destination of Yeast exports from Ecuador are: France ($1.07M), Peru ($569k), Colombia ($118k), United States ($117k), and Switzerland ($112k).

The fastest growing export markets for Yeast of Ecuador between 2022 and 2023 were France ($471k), Colombia ($47.6k), and United States ($8.64k).

Imports In 2023, Ecuador imported $13.4M in Yeast, becoming the 62nd largest importer of Yeast in the world. At the same year, Yeast was the 305th most imported product in Ecuador. Ecuador imports Yeast primarily from: Colombia ($6.96M), Brazil ($2.25M), Mexico ($1.3M), Peru ($763k), and China ($502k).

The fastest growing import markets in Yeast for Ecuador between 2022 and 2023 were Colombia ($1.08M), Hungary ($279k), and Estonia ($154k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Yeast exports accounted up to $72.2k and imports accounted up to $1.13M, resulting in a negative trade balance of $1.06M. Between November 2020 and December 2021 the exports of Ecuador's   Yeast have decreased by $-33.2k (-31.5%) from $105k to $72.2k, while imports increased by $214k (23.3%) from $920k to $1.13M.

Destinations In December 2021, Yeast were exported mostly to Peru ($51.5k), Colombia ($13.8k), and United States ($6.93k), and were imported mostly from Colombia ($444k), Brazil ($326k), Peru ($196k), China ($50.4k), and France ($46.4k).

Growth In December 2021, the decrease in Yeast's year-by-year exports was explained primarily by a decrease in exports to United States ($-4.95k or -57.3%). In December 2021, the increase in Yeast's year-by-year imports was explained primarily by an increase in imports from China ($54.1k or 3.35k%), United States ($34.2k or 263%), and Brazil ($24.6k or 16%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2020 - December 2021)$-33.2k(-31.5%)
IMPORT GROWTH (December 2020 - December 2021)$214k(23.3%)
MAIN DESTINATION (December 2021)Peru$51.5k

This section shows Yeast'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 Yeast over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2M
IMPORTS (2023)$13.4M
NET TRADE (2023)-$11.4M

In 2023, Ecuador exported $2M in Yeast. The main destinations of Ecuador exports on Yeast were France ($1.07M), Peru ($569k), Colombia ($118k), United States ($117k), and Switzerland ($112k).

In 2023, Ecuador imported $13.4M in Yeast, mainly from Colombia ($6.96M), Brazil ($2.25M), Mexico ($1.3M), Peru ($763k), and China ($502k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Yeast EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
France$471k (79.1%)
Colombia$47.6k (67.4%)
United States$8.64k (7.96%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Yeast BY Ecuador WERE (2022 - 2023):
Switzerland-$139k (-55.4%)
Germany-$96.2k (-85%)
Peru-$83.1k (-12.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Yeast were:
China $490M
France $305M
Turkey $262M
In 2023, Ecuador's main importing competitors in Yeast were:
United States $509M
France $174M
Germany $135M

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Trade Value of Yeast by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $183k
TOP IMPORT POTENTIALChina+ $428k

Yeast’s highest export potential is United States. With an export gap of $183k.   Yeast’s highest import potential is China with an import gap of $428k.

See methodology.

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