Iron Stovetops in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $69.4M in Iron Stovetops, making it the 27th largest exporter of Iron Stovetops in the world. At the same year, Iron Stovetops was the 34th most exported product in Ecuador. The main destination of Iron Stovetops exports from Ecuador are: Peru ($28.3M), Colombia ($7.63M), Dominican Republic ($5.79M), El Salvador ($4.84M), and Guatemala ($4.63M).

The fastest growing export markets for Iron Stovetops of Ecuador between 2021 and 2022 were Venezuela ($580k), Uruguay ($153k), and Jamaica ($112k).

Imports In 2022, Ecuador imported $19.9M in Iron Stovetops, becoming the 72nd largest importer of Iron Stovetops in the world. At the same year, Iron Stovetops was the 243rd most imported product in Ecuador. Ecuador imports Iron Stovetops primarily from: China ($9.88M), Italy ($4.77M), Brazil ($1.61M), Colombia ($1.38M), and Peru ($637k).

The fastest growing import markets in Iron Stovetops for Ecuador between 2021 and 2022 were Peru ($322k), Spain ($108k), and United States ($41.4k).

COMPANIES In 2021, leading companies such as were at the forefront of shipping Iron Stovetops from Ecuador to the United States.

Latest Trends

December 2021

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Overview In December 2021 Ecuador's Iron Stovetops exports accounted up to $6.73M and imports accounted up to $3.76M, resulting in a positive trade balance of $2.96M. Between December 2020 and December 2021 the exports of Ecuador's Iron Stovetops have decreased by $-1.47M (-17.9%) from $8.2M to $6.73M, while imports increased by $1.79M (90.4%) from $1.98M to $3.76M.

Destinations In December 2021, Iron Stovetops were exported mostly to Peru ($3.17M), Colombia ($735k), Dominican Republic ($621k), Chile ($325k), and Mexico ($302k), and were imported mostly from China ($2.73M), Italy ($313k), Colombia ($211k), Brazil ($200k), and Mexico ($105k).

Growth In December 2021, the decrease in Iron Stovetops's year-by-year exports was explained primarily by a decrease in exports to Venezuela ($-27.7k or -47.5%) and Jamaica ($-12.1k or -8.47%). In December 2021, the increase in Iron Stovetops's year-by-year imports was explained primarily by an increase in imports from Vietnam ($213k or 533%), Colombia ($201k or 192%), and China ($147k or 26.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2020 - December 2021)$-1.47M(-17.9%)

IMPORT GROWTH (December 2020 - December 2021)$1.79M(90.4%)

MAIN DESTINATION (December 2021)Peru$3.17M

This section shows Iron Stovetops'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 Iron Stovetops over time.

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