2022
Exports
$111MWorld Rnk 26 / 186
Flag Rnk 22 / 1017
2022
PRODUCT COMPLEXITY IN Coffee and Tea Extracts
-0.5Rnk 703 / 1025
2022
Imports
$32.3MWorld Rnk 63 / 221
Flag Rnk 170 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $111M in Coffee and Tea Extracts, making it the 26th largest exporter of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 22nd most exported product in Ecuador. The main destination of Coffee and Tea Extracts exports from Ecuador are: Germany ($32.6M), Russia ($13.9M), Poland ($8.74M), United States ($8.41M), and Peru ($7.89M).

The fastest growing export markets for Coffee and Tea Extracts of Ecuador between 2021 and 2022 were Germany ($20.8M), United States ($8.2M), and United Kingdom ($5.23M).

Imports In 2022, Ecuador imported $32.3M in Coffee and Tea Extracts, becoming the 63rd largest importer of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 170th most imported product in Ecuador. Ecuador imports Coffee and Tea Extracts primarily from: Colombia ($20.2M), Brazil ($4.42M), Malaysia ($2.58M), United Kingdom ($1.97M), and United States ($1.64M).

The fastest growing import markets in Coffee and Tea Extracts for Ecuador between 2021 and 2022 were Colombia ($1.7M), Malaysia ($1.11M), and United Kingdom ($1.02M).

COMPANIES In 2021, leading companies such as Sucafina (1) were at the forefront of shipping Coffee and Tea Extracts from Ecuador to the United States.

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$9.21M(146%)
IMPORT GROWTH (December 2020 - December 2021)$170k(6.99%)
MAIN DESTINATION (December 2021)Russia$5.61M

This section shows Coffee and Tea Extracts'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 Coffee and Tea Extracts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$111M
IMPORTS (2022)$32.3M
NET TRADE (2022)$79.1M

In 2022, Ecuador exported $111M in Coffee and Tea Extracts. The main destinations of Ecuador exports on Coffee and Tea Extracts were Germany ($32.6M), Russia ($13.9M), Poland ($8.74M), United States ($8.41M), and Peru ($7.89M).

In 2022, Ecuador imported $32.3M in Coffee and Tea Extracts, mainly from Colombia ($20.2M), Brazil ($4.42M), Malaysia ($2.58M), United Kingdom ($1.97M), and United States ($1.64M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coffee and Tea Extracts EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Germany$20.8M (177%)
United States$8.2M (3.97k%)
United Kingdom$5.23M (548%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee and Tea Extracts BY Ecuador WERE (2021 - 2022):
Lebanon-$4.35M (-95.6%)
Russia-$2.76M (-16.5%)
Poland-$2.29M (-20.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Coffee and Tea Extracts were:
In 2022, Ecuador's main importing competitors in Coffee and Tea Extracts were:

Explore Visualizations

Trade Value of Coffee and Tea Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.77M
TOP IMPORT POTENTIALBrazil+ $832k

Coffee and Tea Extracts’s highest export potential is United States. With an export gap of $6.77M.   Coffee and Tea Extracts’s highest import potential is Brazil with an import gap of $832k.

See methodology.

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