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2022
Exports $1.85MWorld Rnk 63 / 159
Flag Rnk 207 / 1017
2022
Destination $531k Peru
2021 - 2022
FASTEST GROWING MARKET $531kPeru
2022
PRODUCT COMPLEXITY IN Yeast-0.47Rnk 690 / 1025
2022
Imports $14.9MWorld Rnk 51 / 222
Flag Rnk 301 / 1175
2022
Origin $1.77M Colombia
2021 - 2022
FASTEST GROWING ORIGIN $1.77MColombia
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $1.85M in Yeast, making it the 63rd largest exporter of Yeast in the world. At the same year, Yeast was the 207th most exported product in Ecuador. The main destination of Yeast exports from Ecuador are: Peru ($729k), France ($595k), Switzerland ($250k), United States ($118k), and Germany ($107k).

The fastest growing export markets for Yeast of Ecuador between 2021 and 2022 were Peru ($531k), Germany ($101k), and United States ($52.5k).

Imports In 2022, Ecuador imported $14.9M in Yeast, becoming the 51st largest importer of Yeast in the world. At the same year, Yeast was the 301st most imported product in Ecuador. Ecuador imports Yeast primarily from: Colombia ($5.93M), Brazil ($2.56M), Spain ($1.75M), Mexico ($1.41M), and Peru ($827k).

The fastest growing import markets in Yeast for Ecuador between 2021 and 2022 were Colombia ($1.77M), Mexico ($500k), and Spain ($459k).

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 (2022)$1.85M
IMPORTS (2022)$14.9M
NET TRADE (2022)-$13M

In 2022, Ecuador exported $1.85M in Yeast. The main destinations of Ecuador exports on Yeast were Peru ($729k), France ($595k), Switzerland ($250k), United States ($118k), and Germany ($107k).

In 2022, Ecuador imported $14.9M in Yeast, mainly from Colombia ($5.93M), Brazil ($2.56M), Spain ($1.75M), Mexico ($1.41M), and Peru ($827k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Yeast EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Peru$531k (267%)
Germany$101k (1.89k%)
United States$52.5k (79.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Yeast BY Ecuador WERE (2021 - 2022):
France-$183k (-23.5%)
Colombia-$28.5k (-57.1%)
Spain-$94 (-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 Yeast were:
China $384M
Turkey $259M
France $247M
In 2022, Ecuador's main importing competitors in Yeast were:
United States $439M
France $140M
Germany $100M

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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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