Ecuador / Brazil

Overview In December 2021, Ecuador exported $9.89M and imported $105M from Brazil, resulting in a negative trade balance of $95M. Between December 2020 and December 2021 the exports of Ecuador have decreased by $-3.13M (-24%) from $13M to $9.89M, while imports increased by $42.3M (67.6%) from $62.6M to $105M.

Trade In December 2021, the top exports of Ecuador to Brazil were Raw Lead ($2.62M), Scrap Copper ($2.16M), Processed Fish ($1.41M), Other Wood Articles ($1.14M), and Sanitary towels (pads) ($821k). In December 2021 the top imports of Ecuador from Brazil were Ethylene Polymers ($2.53M), Animal Food ($2.24M), Packaged Medicaments ($1.87M), Cellulose Fibers Paper ($1.71M), and Propylene Polymers ($1.54M).

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($9.64M), Quito ($225k), and Guayaquil-Aéreo ($20.6k), while imports destinations were mainly Guayaquil-Marítimo ($66.1M), Quito ($19.6M), Manta ($11.8M), Esmeraldas ($3.63M), and Huaquillas ($1.77M).

Growth In December 2021, the decrease in Ecuador's year-by-year exports to Brazil was explained primarily by an decrease in product exports in Raw Lead ($-845k or -24.4%), Oscilloscopes ($-245k or -99.2%), and Polyacetals ($-214k or -61.2%). In December 2021, the increase in Ecuador's year-by-year imports  from Brazil was explained primarily by an increase in product imports  in Animal Food ($1.4M or 166%), Machinery Having Individual Functions ($958k or 278%), and Ethylene Polymers ($712k or 39.2%).