Hat Shapes in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $9.13M in Hat Shapes, making it the 2nd largest exporter of Hat Shapes in the world. At the same year, Hat Shapes was the 94th most exported product in Ecuador. The main destination of Hat Shapes exports from Ecuador are: Italy ($3.65M), United States ($1.66M), Spain ($1.14M), Mexico ($659k), and Slovakia ($634k).

The fastest growing export markets for Hat Shapes of Ecuador between 2021 and 2022 were Italy ($2.11M), Spain ($728k), and Slovakia ($484k).

Imports In 2022, Ecuador imported $36.5k in Hat Shapes, becoming the 39th largest importer of Hat Shapes in the world. At the same year, Hat Shapes was the 1078th most imported product in Ecuador. Ecuador imports Hat Shapes primarily from: Italy ($20.9k), China ($5.91k), Poland ($4.23k), Netherlands ($2.92k), and Colombia ($2.14k).

The fastest growing import markets in Hat Shapes for Ecuador between 2021 and 2022 were Italy ($19.2k), Poland ($4.23k), and China ($3.62k).

Latest Trends

December 2021

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Overview In December 2021 Ecuador's Hat Shapes exports accounted up to $399k and imports accounted up to $2.29k, resulting in a positive trade balance of $397k. Between December 2020 and December 2021 the exports of Ecuador's Hat Shapes have decreased by $-71.9k (-15.3%) from $471k to $399k, while imports increased by $2.25k (5.4k%) from $41.6 to $2.29k.

Destinations In December 2021, Hat Shapes were exported mostly to United States ($156k), Spain ($103k), Italy ($51.3k), Mexico ($32k), and Argentina ($29.4k), and were imported mostly from China ($2.29k).

Growth In December 2021, the decrease in Hat Shapes's year-by-year exports was explained primarily by a decrease in exports to United States ($-62.9k or -59%), Italy ($-46.6k or -22.2%), and Mexico ($-41.6k or -62.3%). In December 2021, the increase in Hat Shapes'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 (December 2020 - December 2021)$-71.9k(-15.3%)

IMPORT GROWTH (April 2016 - December 2021)$2.25k(5.4k%)

MAIN DESTINATION (December 2021)United States$156k

This section shows Hat Shapes'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 Hat Shapes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$9.13M

IMPORTS (2022)$36.5k

NET TRADE (2022)$9.09M

In 2022, Ecuador exported $9.13M in Hat Shapes. The main destinations of Ecuador exports on Hat Shapes were Italy ($3.65M), United States ($1.66M), Spain ($1.14M), Mexico ($659k), and Slovakia ($634k).

In 2022, Ecuador imported $36.5k in Hat Shapes, mainly from Italy ($20.9k), China ($5.91k), Poland ($4.23k), Netherlands ($2.92k), and Colombia ($2.14k).

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