2022
Exports
$36.2MWorld Rnk 50 / 195
Flag Rnk 47 / 1017
2022
PRODUCT COMPLEXITY IN Confectionery Sugar
-0.72Rnk 763 / 1025
2022
Imports
$54.8MWorld Rnk 53 / 224
Flag Rnk 95 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $36.2M in Confectionery Sugar, making it the 50th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 47th most exported product in Ecuador. The main destination of Confectionery Sugar exports from Ecuador are: Brazil ($7.96M), Mexico ($7.04M), Argentina ($4.43M), United States ($2.64M), and Colombia ($2.32M).

The fastest growing export markets for Confectionery Sugar of Ecuador between 2021 and 2022 were Mexico ($2.07M), Brazil ($1.31M), and Argentina ($1.31M).

Imports In 2022, Ecuador imported $54.8M in Confectionery Sugar, becoming the 53rd largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 95th most imported product in Ecuador. Ecuador imports Confectionery Sugar primarily from: Colombia ($28.9M), China ($5.22M), Mexico ($3.3M), Guatemala ($2.95M), and Brazil ($2.53M).

The fastest growing import markets in Confectionery Sugar for Ecuador between 2021 and 2022 were Colombia ($11.3M), China ($2.39M), and Argentina ($1.95M).

COMPANIES In 2021, leading companies such as Dole Fresh Fruit (23) were at the forefront of shipping Confectionery Sugar from Ecuador to the United States.

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$1.55M(80.3%)
IMPORT GROWTH (December 2020 - December 2021)$1.04M(41.4%)
MAIN DESTINATION (December 2021)Brazil$904k

This section shows Confectionery Sugar'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 Confectionery Sugar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$36.2M
IMPORTS (2022)$54.8M
NET TRADE (2022)-$18.6M

In 2022, Ecuador exported $36.2M in Confectionery Sugar. The main destinations of Ecuador exports on Confectionery Sugar were Brazil ($7.96M), Mexico ($7.04M), Argentina ($4.43M), United States ($2.64M), and Colombia ($2.32M).

In 2022, Ecuador imported $54.8M in Confectionery Sugar, mainly from Colombia ($28.9M), China ($5.22M), Mexico ($3.3M), Guatemala ($2.95M), and Brazil ($2.53M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Mexico$2.07M (41.6%)
Brazil$1.31M (19.7%)
Argentina$1.31M (41.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Ecuador WERE (2021 - 2022):
Nicaragua-$691k (-50.8%)
United States-$602k (-18.5%)
Chile-$594k (-24.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Confectionery Sugar were:
Germany $1.76B
China $1.38B
Mexico $1.12B
In 2022, Ecuador's main importing competitors in Confectionery Sugar were:

Explore Visualizations

Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.64M
TOP IMPORT POTENTIALChina+ $1.73M

Confectionery Sugar’s highest export potential is United States. With an export gap of $3.64M.   Confectionery Sugar’s highest import potential is China with an import gap of $1.73M.

See methodology.

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