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2022
Exports $111kWorld Rnk 113 / 196
Flag Rnk 533 / 1017
2022
Destination $30.4k Colombia
2021 - 2022
FASTEST GROWING MARKET $30.4kColombia
2022
PRODUCT COMPLEXITY IN Wine-1.04Rnk 845 / 1025
2022
Imports $36.5MWorld Rnk 67 / 225
Flag Rnk 151 / 1175
2022
Origin $2.94M Chile
2021 - 2022
FASTEST GROWING ORIGIN $2.94MItaly
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $111k in Wine, making it the 113th largest exporter of Wine in the world. At the same year, Wine was the 533rd most exported product in Ecuador. The main destination of Wine exports from Ecuador are: Colombia ($30.4k), Panama ($27.6k), Germany ($25k), Chile ($14k), and China ($5.33k).

The fastest growing export markets for Wine of Ecuador between 2021 and 2022 were Colombia ($30.4k), Chile ($13.9k), and Germany ($6.44k).

Imports In 2022, Ecuador imported $36.5M in Wine, becoming the 67th largest importer of Wine in the world. At the same year, Wine was the 151st most imported product in Ecuador. Ecuador imports Wine primarily from: Chile ($14.1M), Argentina ($6.45M), Spain ($6.14M), Italy ($5.58M), and France ($2.41M).

The fastest growing import markets in Wine for Ecuador between 2021 and 2022 were Italy ($2.94M), Spain ($1.45M), and Chile ($1.2M).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Wine exports accounted up to $2.1k and imports accounted up to $2.2M, resulting in a negative trade balance of $2.2M. Between February 2019 and December 2021 the exports of Ecuador's   Wine have increased by $1.91k (1.04k%) from $185 to $2.1k, while imports increased by $218k (11%) from $1.98M to $2.2M.

Destinations In December 2021, Wine were exported mostly to Panama ($2.1k), and were imported mostly from Chile ($859k), Argentina ($496k), Spain ($381k), Italy ($283k), and France ($160k).

Growth In December 2021, the increase in Wine's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Wine's year-by-year imports was explained primarily by an increase in imports from France ($188k or 291%), Italy ($133k or 153%), and Spain ($52.8k or 22.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2019 - December 2021)$1.91k(1.04k%)
IMPORT GROWTH (December 2020 - December 2021)$218k(11%)
MAIN DESTINATION (December 2021)Panama$2.1k

This section shows Wine'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 Wine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$111k
IMPORTS (2022)$36.5M
NET TRADE (2022)-$36.3M

In 2022, Ecuador exported $111k in Wine. The main destinations of Ecuador exports on Wine were Colombia ($30.4k), Panama ($27.6k), Germany ($25k), Chile ($14k), and China ($5.33k).

In 2022, Ecuador imported $36.5M in Wine, mainly from Chile ($14.1M), Argentina ($6.45M), Spain ($6.14M), Italy ($5.58M), and France ($2.41M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Colombia$30.4k (1%)
Chile$13.9k (19.6k%)
Germany$6.44k (34.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Ecuador WERE (2021 - 2022):
Panama-$32.4k (-53.9%)
United States-$27.3k (-96.5%)
Costa Rica-$1.56k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Wine were:
France $13.1B
Italy $8.32B
Spain $3.25B
In 2022, Ecuador's main importing competitors in Wine were:
United States $6.79B
United Kingdom $4.67B
Germany $3.02B

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $61.4k
TOP IMPORT POTENTIALFrance+ $2.08M

Wine’s highest export potential is Germany. With an export gap of $61.4k.   Wine’s highest import potential is France with an import gap of $2.08M.

See methodology.

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