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2022
Exports $3.31MWorld Rnk 89 / 187
Flag Rnk 156 / 1017
2022
Destination $430k United States
2021 - 2022
FASTEST GROWING MARKET $430kUnited States
2022
PRODUCT COMPLEXITY IN Pasta-1.16Rnk 871 / 1025
2022
Imports $9.9MWorld Rnk 121 / 223
Flag Rnk 372 / 1175
2022
Origin $857k Peru
2021 - 2022
FASTEST GROWING ORIGIN $857kPeru
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $3.31M in Pasta, making it the 89th largest exporter of Pasta in the world. At the same year, Pasta was the 156th most exported product in Ecuador. The main destination of Pasta exports from Ecuador are: United States ($1.93M), Costa Rica ($525k), Colombia ($395k), Spain ($239k), and Panama ($162k).

The fastest growing export markets for Pasta of Ecuador between 2021 and 2022 were United States ($430k), Colombia ($220k), and Costa Rica ($70.4k).

Imports In 2018, Ecuador imported $9.9M in Pasta, becoming the 121st largest importer of Pasta in the world. At the same year, Pasta was the 372nd most imported product in Ecuador. Ecuador imports Pasta primarily from: Peru ($4.91M), Italy ($2.9M), China ($637k), United States ($591k), and Colombia ($239k).

The fastest growing import markets in Pasta for Ecuador between 2021 and 2022 were Peru ($857k), Italy ($666k), and China ($290k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Pasta exports accounted up to $319k and imports accounted up to $1.46M, resulting in a negative trade balance of $1.14M. Between December 2020 and December 2021 the exports of Ecuador's   Pasta have increased by $211k (195%) from $108k to $319k, while imports increased by $322k (28.3%) from $1.13M to $1.46M.

Destinations In December 2021, Pasta were exported mostly to Puerto Rico ($161k), United States ($102k), Costa Rica ($26.8k), Panama ($15k), and Peru ($13.6k), and were imported mostly from Peru ($1M), Italy ($384k), United States ($34.1k), Colombia ($28.3k), and China ($4.93k).

Growth In December 2021, the increase in Pasta's year-by-year exports was explained primarily by an increase in exports to United States ($68.2k or 265%) and Puerto Rico ($23.7k or 73.9%). In December 2021, the increase in Pasta's year-by-year imports was explained primarily by an increase in imports from Peru ($337k or 229%) and United States ($11k or 78%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$211k(195%)
IMPORT GROWTH (December 2020 - December 2021)$322k(28.3%)
MAIN DESTINATION (December 2021)Puerto Rico$161k

This section shows Pasta'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 Pasta over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.31M
IMPORTS (2022)$9.9M
NET TRADE (2022)-$6.59M

In 2022, Ecuador exported $3.31M in Pasta. The main destinations of Ecuador exports on Pasta were United States ($1.93M), Costa Rica ($525k), Colombia ($395k), Spain ($239k), and Panama ($162k).

In 2022, Ecuador imported $9.9M in Pasta, mainly from Peru ($4.91M), Italy ($2.9M), China ($637k), United States ($591k), and Colombia ($239k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pasta EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$430k (28.6%)
Colombia$220k (125%)
Costa Rica$70.4k (15.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pasta BY Ecuador WERE (2021 - 2022):
Chile-$69.6k (-99.9%)
Australia-$17.2k (-100%)
Peru-$12.9k (-47.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Pasta were:
Italy $4.16B
China $1.27B
South Korea $1B
In 2022, Ecuador's main importing competitors in Pasta were:
United States $1.62B
Germany $1.17B
France $1.01B

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Trade Value of Pasta by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.4M
TOP IMPORT POTENTIALItaly+ $856k

Pasta’s highest export potential is United States. With an export gap of $1.4M.   Pasta’s highest import potential is Italy with an import gap of $856k.

See methodology.

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