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2022
Exports $727kWorld Rnk 114 / 216
Flag Rnk 303 / 1017
2022
Destination $16.8k Colombia
2021 - 2022
FASTEST GROWING MARKET $16.8kBelgium
2022
PRODUCT COMPLEXITY IN Beauty Products0.42Rnk 400 / 1025
2022
Imports $86.4MWorld Rnk 67 / 223
Flag Rnk 60 / 1175
2022
Origin $8.49M Colombia
2021 - 2022
FASTEST GROWING ORIGIN $8.49MColombia
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $727k in Beauty Products, making it the 114th largest exporter of Beauty Products in the world. At the same year, Beauty Products was the 303rd most exported product in Ecuador. The main destination of Beauty Products exports from Ecuador are: Colombia ($237k), Peru ($140k), Bolivia ($131k), Norway ($34.2k), and Mexico ($29.4k).

The fastest growing export markets for Beauty Products of Ecuador between 2021 and 2022 were Belgium ($16.8k), Chile ($16.1k), and Mexico ($13.6k).

Imports In 2022, Ecuador imported $86.4M in Beauty Products, becoming the 67th largest importer of Beauty Products in the world. At the same year, Beauty Products was the 60th most imported product in Ecuador. Ecuador imports Beauty Products primarily from: Colombia ($30.9M), United States ($7.96M), France ($7.68M), Spain ($7.04M), and Peru ($5.98M).

The fastest growing import markets in Beauty Products for Ecuador between 2021 and 2022 were Colombia ($8.49M), France ($1.77M), and Germany ($1.62M).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Beauty Products exports accounted up to $16.1k and imports accounted up to $7.46M, resulting in a negative trade balance of $7.45M. Between December 2020 and December 2021 the exports of Ecuador's   Beauty Products have decreased by $-33k (-67.3%) from $49k to $16.1k, while imports increased by $639k (9.36%) from $6.82M to $7.46M.

Destinations In December 2021, Beauty Products were exported mostly to United States ($7.8k), Colombia ($5.8k), Chinese Taipei ($1.92k), Cuba ($440), and Panama ($93.6), and were imported mostly from Colombia ($3.32M), China ($587k), Peru ($536k), France ($509k), and Spain ($479k).

Growth In December 2021, the decrease in Beauty Products's year-by-year exports was explained primarily by a decrease in exports to Peru ($-11.7k or -73.8%). In December 2021, the increase in Beauty Products's year-by-year imports was explained primarily by an increase in imports from Peru ($152k or 43%), Canada ($54.4k or 59.6%), and Sweden ($39k or 202%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-33k(-67.3%)
IMPORT GROWTH (December 2020 - December 2021)$639k(9.36%)
MAIN DESTINATION (December 2021)United States$7.8k

This section shows Beauty Products'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 Beauty Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$727k
IMPORTS (2022)$86.4M
NET TRADE (2022)-$85.7M

In 2022, Ecuador exported $727k in Beauty Products. The main destinations of Ecuador exports on Beauty Products were Colombia ($237k), Peru ($140k), Bolivia ($131k), Norway ($34.2k), and Mexico ($29.4k).

In 2022, Ecuador imported $86.4M in Beauty Products, mainly from Colombia ($30.9M), United States ($7.96M), France ($7.68M), Spain ($7.04M), and Peru ($5.98M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beauty Products EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Belgium$16.8k (11.6k%)
Chile$16.1k (1.63k%)
Mexico$13.6k (86.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beauty Products BY Ecuador WERE (2021 - 2022):
Bolivia-$114k (-46.5%)
Panama-$113k (-88%)
United States-$35.4k (-67.1%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Beauty Products were:
France $10.8B
South Korea $7.09B
United States $6.02B
In 2022, Ecuador's main importing competitors in Beauty Products were:
China $11.1B
United States $5.77B
Hong Kong $3.78B

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Trade Value of Beauty Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $424k
TOP IMPORT POTENTIALUnited States+ $4.78M

Beauty Products’s highest export potential is United States. With an export gap of $424k.   Beauty Products’s highest import potential is United States with an import gap of $4.78M.

See methodology.

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