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Pricing

2022
Exports $382kWorld Rnk 86 / 154
Flag Rnk 390 / 1017
2022
Destination $46.1k Dominican Republic
2021 - 2022
FASTEST GROWING MARKET $46.1kDominican Republic
2022
PRODUCT COMPLEXITY IN Other Coloring Matter0.41Rnk 401 / 1025
2022
Imports $38.3MWorld Rnk 59 / 211
Flag Rnk 139 / 1175
2022
Origin $800k China
2021 - 2022
FASTEST GROWING ORIGIN $800kChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $382k in Other Coloring Matter, making it the 86th largest exporter of Other Coloring Matter in the world. At the same year, Other Coloring Matter was the 390th most exported product in Ecuador. The main destination of Other Coloring Matter exports from Ecuador are: Dominican Republic ($86.2k), Peru ($82.2k), Czechia ($74.9k), Guatemala ($50.3k), and Colombia ($34.5k).

The fastest growing export markets for Other Coloring Matter of Ecuador between 2021 and 2022 were Dominican Republic ($46.1k), El Salvador ($18.5k), and United States ($13.9k).

Imports In 2022, Ecuador imported $38.3M in Other Coloring Matter, becoming the 59th largest importer of Other Coloring Matter in the world. At the same year, Other Coloring Matter was the 139th most imported product in Ecuador. Ecuador imports Other Coloring Matter primarily from: China ($13.1M), United States ($6.74M), Mexico ($3.09M), Colombia ($3.04M), and Brazil ($2.72M).

The fastest growing import markets in Other Coloring Matter for Ecuador between 2021 and 2022 were China ($800k), Vietnam ($761k), and Colombia ($203k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Other Coloring Matter exports accounted up to $7.11k and imports accounted up to $4.71M, resulting in a negative trade balance of $4.7M. Between November 2020 and December 2021 the exports of Ecuador's   Other Coloring Matter have decreased by $-28k (-79.7%) from $35.1k to $7.11k, while imports increased by $2.14M (83%) from $2.57M to $4.71M.

Destinations In December 2021, Other Coloring Matter were exported mostly to Dominican Republic ($3.42k), Colombia ($3.21k), and Peru ($480), and were imported mostly from China ($1.8M), United States ($991k), Colombia ($375k), Mexico ($332k), and Brazil ($279k).

Growth In December 2021, the decrease in Other Coloring Matter's year-by-year exports was explained primarily by a decrease in exports to Peru ($-7.8k or -54.8%). In December 2021, the increase in Other Coloring Matter's year-by-year imports was explained primarily by an increase in imports from Israel ($38.4k or 26.7k%) and Chinese Taipei ($10.1k or 112%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2020 - December 2021)$-28k(-79.7%)
IMPORT GROWTH (December 2020 - December 2021)$2.14M(83%)
MAIN DESTINATION (December 2021)Dominican Republic$3.42k

This section shows Other Coloring Matter'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 Other Coloring Matter over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$382k
IMPORTS (2022)$38.3M
NET TRADE (2022)-$38M

In 2022, Ecuador exported $382k in Other Coloring Matter. The main destinations of Ecuador exports on Other Coloring Matter were Dominican Republic ($86.2k), Peru ($82.2k), Czechia ($74.9k), Guatemala ($50.3k), and Colombia ($34.5k).

In 2022, Ecuador imported $38.3M in Other Coloring Matter, mainly from China ($13.1M), United States ($6.74M), Mexico ($3.09M), Colombia ($3.04M), and Brazil ($2.72M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Coloring Matter EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Dominican Republic$46.1k (115%)
El Salvador$18.5k (534%)
United States$13.9k (580%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Coloring Matter BY Ecuador WERE (2021 - 2022):
Czechia-$293k (-79.6%)
Peru-$129k (-61.2%)
Guatemala-$34.9k (-41%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Other Coloring Matter were:
China $4.43B
United States $1.96B
Germany $1.91B
In 2022, Ecuador's main importing competitors in Other Coloring Matter were:
United States $1.26B
India $1.13B
Belgium $858M

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Trade Value of Other Coloring Matter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $75.1k
TOP IMPORT POTENTIALChina+ $2.03M

Other Coloring Matter’s highest export potential is Colombia. With an export gap of $75.1k.   Other Coloring Matter’s highest import potential is China with an import gap of $2.03M.

See methodology.

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