2022
Exports
$28kWorld Rnk 106 / 185
Flag Rnk 682 / 1017
2022
PRODUCT COMPLEXITY IN Knit Gloves
-0.99Rnk 839 / 1025
2022
Imports
$4.12MWorld Rnk 79 / 218
Flag Rnk 530 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $28k in Knit Gloves, making it the 106th largest exporter of Knit Gloves in the world. At the same year, Knit Gloves was the 682nd most exported product in Ecuador. The main destination of Knit Gloves exports from Ecuador are: Netherlands ($9.83k), Costa Rica ($6.2k), United States ($5.39k), Panama ($1.86k), and Azerbaijan ($1.13k).

The fastest growing export markets for Knit Gloves of Ecuador between 2021 and 2022 were Costa Rica ($5.03k), United States ($4.86k), and Netherlands ($1.49k).

Imports In 2022, Ecuador imported $4.12M in Knit Gloves, becoming the 79th largest importer of Knit Gloves in the world. At the same year, Knit Gloves was the 530th most imported product in Ecuador. Ecuador imports Knit Gloves primarily from: China ($2.03M), United States ($489k), Sri Lanka ($302k), Pakistan ($248k), and Bangladesh ($222k).

The fastest growing import markets in Knit Gloves for Ecuador between 2021 and 2022 were China ($719k), United States ($235k), and Bangladesh ($222k).

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2020 - December 2021)$-383(-43.2%)
IMPORT GROWTH (December 2020 - December 2021)$-28.2k(-13.8%)
MAIN DESTINATION (December 2021)Costa Rica$231

This section shows Knit Gloves'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 Knit Gloves over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$28k
IMPORTS (2022)$4.12M
NET TRADE (2022)-$4.09M

In 2022, Ecuador exported $28k in Knit Gloves. The main destinations of Ecuador exports on Knit Gloves were Netherlands ($9.83k), Costa Rica ($6.2k), United States ($5.39k), Panama ($1.86k), and Azerbaijan ($1.13k).

In 2022, Ecuador imported $4.12M in Knit Gloves, mainly from China ($2.03M), United States ($489k), Sri Lanka ($302k), Pakistan ($248k), and Bangladesh ($222k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Gloves EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Costa Rica$5.03k (432%)
United States$4.86k (904%)
Netherlands$1.49k (17.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Gloves BY Ecuador WERE (2021 - 2022):
Sweden-$2.1k (-100%)
New Zealand-$1.38k (-100%)
France-$291 (-84.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Knit Gloves were:
In 2022, Ecuador's main importing competitors in Knit Gloves were:

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Trade Value of Knit Gloves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $16.1k
TOP IMPORT POTENTIALChina+ $765k

Knit Gloves’s highest export potential is United States. With an export gap of $16.1k.   Knit Gloves’s highest import potential is China with an import gap of $765k.

See methodology.

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