Beauty Products in Ecuador | The Observatory of Economic Complexity

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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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

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

Trade Value

Growth

Growth (%)

Year

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).

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