Ecuador / Bolivia

Overview In December 2021, Ecuador exported $2.83M and imported $35M from Bolivia, resulting in a negative trade balance of $32.2M. Between December 2020 and December 2021 the exports of Ecuador have decreased by $-151k (-5.07%) from $2.99M to $2.83M, while imports increased by $13.2M (60.8%) from $21.8M to $35M.

Trade In December 2021, the top exports of Ecuador to Bolivia were Iron Blocks ($505k), Gelatin ($297k), Particle Board ($288k), Rubber Tires ($277k), and Iron Stovetops ($245k). In December 2021 the top imports of Ecuador from Bolivia were Soybean Oil ($14.7M), Seed Oils ($7.05M), Soybean Meal ($5.1M), Detonating Fuses ($730k), and Other Prepared Meat ($299k).

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($2.79M), Quito ($31.9k), and Guayaquil-Aéreo ($12.5k), while imports destinations were mainly Guayaquil-Marítimo ($18.5M), Manta ($12.7M), Esmeraldas ($3.8M), and Quito ($10.3k).

Growth In December 2021, the decrease in Ecuador's year-by-year exports to Bolivia was explained primarily by an decrease in product exports in Sanitary towels (pads) ($-348k or -62%), Gelatin ($-209k or -41.2%), and Other Small Iron Pipes ($-99.8k or -39.2%). In December 2021, the increase in Ecuador's year-by-year imports  from Bolivia was explained primarily by an increase in product imports  in Soybean Oil ($11.1M or 309%), Seed Oils ($5.98M or 557%), and Detonating Fuses ($294k or 67.4%).