Ecuador Platinum Industry Outlook 2021

See how Ecuador Platinum performed compared to key markets such as the United States, Germany and Japan.

Key Market Indicators

Since 1998, Ecuadorian export was down by 32.4% year on year. In 2021, the country ranked number 109, Paraguay came ahead at $7,390. Germany, Japan and the United Kingdom respectively came in numbers 2, 3 and 4 in this ranking. Platinum imports to Ecuador dropped drastically in 2021. The figure decreased by nearly 52%, down from $746.17 to $359.1. This marked a 32.4% decrease since 1998. Paraguay came in ahead of Ecuador at $359.1. Germany, Japan and the United Kingdom respectively held the 2nd, 3rd and 4th positions in the ranking. Platinum exports from Ecuador also experienced a significant fall in 2021. The figure dropped by 83%, from $43,440 to $7,390. This was a 32.4% decrease since 1998. Paraguay again beat Ecuador, with $7,390. Germany, Japan and the United Kingdom were the next three countries in the ranking.

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