Coffee and Tea Extracts in Ecuador | The Observatory of Economic Complexity

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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 were at the forefront of shipping Coffee and Tea Extracts from Ecuador to the United States.

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Coffee and Tea Extracts exports accounted up to $15.5M and imports accounted up to $2.61M, resulting in a positive trade balance of $12.9M. Between December 2020 and December 2021 the exports of Ecuador's Coffee and Tea Extracts have increased by $9.21M (146%) from $6.3M to $15.5M, while imports increased by $170k (6.99%) from $2.44M to $2.61M.

Destinations In December 2021, Coffee and Tea Extracts were exported mostly to Russia ($5.61M), Poland ($2.5M), Belgium ($1.6M), Turkey ($882k), and United States ($808k), and were imported mostly from Colombia ($1.29M), Brazil ($814k), United States ($301k), United Kingdom ($142k), and Mexico ($22.3k).

Growth In December 2021, the increase in Coffee and Tea Extracts's year-by-year exports was explained primarily by an increase in exports to Japan ($136k or 241%), Germany ($106k or 8.13%), and Colombia ($65k or 58.9%). In December 2021, the increase in Coffee and Tea Extracts's year-by-year imports was explained primarily by an increase in imports from Colombia ($241k or 20.9%), Brazil ($111k or 34.7%), and China ($110k or 221%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

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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