Ecuador / Chile

Overview In December 2021, Ecuador exported $47.4M and imported $37.8M from Chile, resulting in a positive trade balance of $9.58M. Between December 2020 and December 2021 the exports of Ecuador have increased by $18.3M (62.8%) from $29.1M to $47.4M, while imports increased by $7.71M (25.6%) from $30.1M to $37.8M.

Trade In December 2021, the top exports of Ecuador to Chile were Bananas ($8.36M), Cut Flowers ($5.48M), Processed Fish ($2.23M), Crustaceans ($2.23M), and Raw Plastic Sheeting ($1.56M). In December 2021 the top imports of Ecuador from Chile were Other Edible Preparations ($7.22M), Hot-Rolled Iron Bars ($2.8M), Pitted Fruits ($2.53M), Packaged Medicaments ($1.58M), and Grapes ($1.39M).

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($45.2M), Quito ($1.94M), Guayaquil-Aéreo ($133k), Huaquillas ($77.9k), and Puerto Bolívar ($39k), while imports destinations were mainly Guayaquil-Marítimo ($27.5M), Huaquillas ($6.77M), Quito ($3.21M), Guayaquil-Aéreo ($305k), and Tulcán ($5.67k).

Growth In December 2021, the increase in Ecuador's year-by-year exports to Chile was explained primarily by an increase in product exports in Bananas ($1.41M or 20.3%), Crustaceans ($1.24M or 124%), and Tropical Fruits ($427k or 45.5%). In December 2021, the increase in Ecuador's year-by-year imports  from Chile was explained primarily by an increase in product imports  in Insulated Wire ($650k or 101%), Other Processed Fruits and Nuts ($357k or 266%), and Peptones ($262k or 7.75k%).