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2022
Exports $1.98MWorld Rnk 77 / 182
Flag Rnk 203 / 1017
2022
Destination $672k United States
2021 - 2022
FASTEST GROWING MARKET $672kDenmark
2022
PRODUCT COMPLEXITY IN Vegetable Saps-0.98Rnk 834 / 1025
2022
Imports $16.1MWorld Rnk 59 / 210
Flag Rnk 286 / 1175
2022
Origin $2.47M China
2021 - 2022
FASTEST GROWING ORIGIN $2.47MDenmark
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $1.98M in Vegetable Saps, making it the 77th largest exporter of Vegetable Saps in the world. At the same year, Vegetable Saps was the 203rd most exported product in Ecuador. The main destination of Vegetable Saps exports from Ecuador are: United States ($749k), Denmark ($672k), India ($129k), South Africa ($108k), and Germany ($106k).

The fastest growing export markets for Vegetable Saps of Ecuador between 2021 and 2022 were Denmark ($672k), United States ($254k), and Japan ($60k).

Imports In 2022, Ecuador imported $16.1M in Vegetable Saps, becoming the 59th largest importer of Vegetable Saps in the world. At the same year, Vegetable Saps was the 286th most imported product in Ecuador. Ecuador imports Vegetable Saps primarily from: China ($2.7M), Denmark ($2.53M), Spain ($2.39M), United States ($1.53M), and Chile ($1.25M).

The fastest growing import markets in Vegetable Saps for Ecuador between 2021 and 2022 were Denmark ($2.47M), Spain ($1.15M), and Mexico ($574k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Vegetable Saps exports accounted up to $42.5k and imports accounted up to $702k, resulting in a negative trade balance of $659k. Between December 2020 and December 2021 the exports of Ecuador's   Vegetable Saps have decreased by $-115k (-72.9%) from $157k to $42.5k, while imports decreased by $-171k (-19.6%) from $872k to $702k.

Destinations In December 2021, Vegetable Saps were exported mostly to Colombia ($21.9k) and United States ($20.7k), and were imported mostly from Peru ($152k), United States ($94.8k), Brazil ($85.3k), Colombia ($68.5k), and China ($64.3k).

Growth In December 2021, the decrease in Vegetable Saps's year-by-year exports was explained primarily by a decrease in exports to Czechia ($-1.87k or -93.4%) and United States ($-396 or -11.3%). In December 2021, the decrease in Vegetable Saps's year-by-year imports was explained primarily by a decrease in imports from China ($-22k or -47.5%), Mexico ($-8.89k or -13%), and Germany ($-4.71k or -68.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-115k(-72.9%)
IMPORT GROWTH (December 2020 - December 2021)$-171k(-19.6%)
MAIN DESTINATION (December 2021)Colombia$21.9k

This section shows Vegetable Saps'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 Vegetable Saps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.98M
IMPORTS (2022)$16.1M
NET TRADE (2022)-$14.1M

In 2022, Ecuador exported $1.98M in Vegetable Saps. The main destinations of Ecuador exports on Vegetable Saps were United States ($749k), Denmark ($672k), India ($129k), South Africa ($108k), and Germany ($106k).

In 2022, Ecuador imported $16.1M in Vegetable Saps, mainly from China ($2.7M), Denmark ($2.53M), Spain ($2.39M), United States ($1.53M), and Chile ($1.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable Saps EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Denmark$672k (1%)
United States$254k (51.4%)
Japan$60k (200%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable Saps BY Ecuador WERE (2021 - 2022):
South Africa-$180k (-62.5%)
Peru-$50.9k (-100%)
Netherlands-$35k (-99.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Vegetable Saps were:
China $2.22B
India $1.06B
Spain $915M
In 2022, Ecuador's main importing competitors in Vegetable Saps were:
United States $1.88B
Germany $727M
China $504M

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Trade Value of Vegetable Saps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $641k
TOP IMPORT POTENTIALChina+ $712k

Vegetable Saps’s highest export potential is United States. With an export gap of $641k.   Vegetable Saps’s highest import potential is China with an import gap of $712k.

See methodology.

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