Nitrites and Nitrates in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $3M in Nitrites and Nitrates, making it the 35th largest exporter of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 164th most exported product in Ecuador. The main destination of Nitrites and Nitrates exports from Ecuador are: Dominican Republic ($930k), Guatemala ($897k), Honduras ($632k), Nicaragua ($472k), and El Salvador ($38.8k).

The fastest growing export markets for Nitrites and Nitrates of Ecuador between 2021 and 2022 were Dominican Republic ($930k), Guatemala ($897k), and Honduras ($632k).

Imports In 2022, Ecuador imported $20.4M in Nitrites and Nitrates, becoming the 25th largest importer of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 241st most imported product in Ecuador. Ecuador imports Nitrites and Nitrates primarily from: Chile ($14.9M), China ($2.6M), United States ($912k), Jordan ($527k), and Poland ($356k).

The fastest growing import markets in Nitrites and Nitrates for Ecuador between 2021 and 2022 were Chile ($5.14M), China ($1.81M), and Jordan ($402k).

Latest Trends

March 2021

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Overview In March 2021 Ecuador's Nitrites and Nitrates exports accounted up to $96.3k and imports accounted up to $709k, resulting in a negative trade balance of $612k. Between April 2016 and March 2021 the exports of Ecuador's Nitrites and Nitrates have increased by $96.3k (139k%) from $69.1 to $96.3k, while imports increased by $556k (363%) from $153k to $709k.

Destinations In March 2021, Nitrites and Nitrates were exported mostly to , and were imported mostly from United States ($399k), China ($115k), Jordan ($114k), India ($78.8k), and Mexico ($1.11k).

Growth In March 2021, the increase in Nitrites and Nitrates's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Nitrites and Nitrates's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2016 - March 2021)$96.3k(139k%)

IMPORT GROWTH (December 2020 - December 2021)$556k(363%)

MAIN DESTINATION (March 2021)

This section shows Nitrites and Nitrates'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 Nitrites and Nitrates over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$3M

IMPORTS (2022)$20.4M

NET TRADE (2022)-$17.4M

In 2022, Ecuador exported $3M in Nitrites and Nitrates. The main destinations of Ecuador exports on Nitrites and Nitrates were Dominican Republic ($930k), Guatemala ($897k), Honduras ($632k), Nicaragua ($472k), and El Salvador ($38.8k).

In 2022, Ecuador imported $20.4M in Nitrites and Nitrates, mainly from Chile ($14.9M), China ($2.6M), United States ($912k), Jordan ($527k), and Poland ($356k).

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