Hot-Rolled Iron Bars in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $124k in Hot-Rolled Iron Bars, making it the 97th largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 518th most exported product in Ecuador. The main destination of Hot-Rolled Iron Bars exports from Ecuador are: Colombia ($124k).

Imports In 2022, Ecuador imported $15.1M in Hot-Rolled Iron Bars, becoming the 97th largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 297th most imported product in Ecuador. Ecuador imports Hot-Rolled Iron Bars primarily from: Brazil ($12.4M), China ($2.41M), Chile ($160k), Colombia ($59.4k), and United States ($39.1k).

The fastest growing import markets in Hot-Rolled Iron Bars for Ecuador between 2021 and 2022 were Brazil ($7.6M), United States ($30.7k), and Germany ($3.18k).

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

Latest Trends

August 2021

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Overview In August 2021 Ecuador's Hot-Rolled Iron Bars exports accounted up to $77.5k and imports accounted up to $3.05M, resulting in a negative trade balance of $2.97M. Between August 2019 and August 2021 the exports of Ecuador's Hot-Rolled Iron Bars have decreased by $-561k (-87.9%) from $638k to $77.5k, while imports decreased by $-103k (-3.28%) from $3.15M to $3.05M.

Destinations In August 2021, Hot-Rolled Iron Bars were exported mostly to , and were imported mostly from Brazil ($2.78M) and Chile ($261k).

Growth In August 2021, the decrease in Hot-Rolled Iron Bars's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the decrease in Hot-Rolled Iron Bars's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2019 - August 2021)$-561k(-87.9%)

IMPORT GROWTH (December 2020 - December 2021)$-103k(-3.28%)

MAIN DESTINATION (August 2021)

This section shows Hot-Rolled Iron Bars'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 Hot-Rolled Iron Bars over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$124k

IMPORTS (2022)$15.1M

NET TRADE (2022)-$15M

In 2022, Ecuador exported $124k in Hot-Rolled Iron Bars. The main destinations of Ecuador exports on Hot-Rolled Iron Bars were Colombia ($124k).

In 2022, Ecuador imported $15.1M in Hot-Rolled Iron Bars, mainly from Brazil ($12.4M), China ($2.41M), Chile ($160k), Colombia ($59.4k), and United States ($39.1k).

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