Spark-Ignition Engines in Ecuador

EXPORTS (2018): $34.2M, World Rnk 40 / 171
Flag Rnk 39 / 857

TOP DESTINATION (2018): $23.7M, United States

FASTEST GROWING MARKET (2017 - 2018): $23.5M, United States

IMPORTS (2018): $31.9M, World Rnk 63 / 217
Flag Rnk 130 / 1149

TOP ORIGIN (2018): $10.5M, Japan

FASTEST GROWING ORIGIN (2017 - 2018): $4.2M, United States

ECONOMIC COMPLEXITY of Ecuador (2018): -0.7, Rnk 102 / 137

PRODUCT COMPLEXITY  IN Spark-Ignition Engines (2018): 0.66, Rnk 301 / 1018

Overview: This page contains the latest trade data of Spark-Ignition Engines in Ecuador.

Exports: In 2018, Ecuador exported $34.2M in Spark-Ignition Engines, making it the 40th largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 39th most exported product in Ecuador. The main destination of Spark-Ignition Engines exports from Ecuador are: United States ($23.7M), Germany ($10.5M), Canada ($30k), Peru ($16.2k), and Panama ($10.4k).

The fastest growing export markets for Spark-Ignition Engines of Ecuador between 2017 and 2018 were United States ($23.5M), Germany ($10.5M), and Canada ($30k).

Imports: In 2018, Ecuador imported $31.9M in Spark-Ignition Engines, becoming the 63rd largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 130th most imported product in Ecuador. Ecuador imports Spark-Ignition Engines primarily from: Japan ($10.5M), United States ($10M), South Korea ($4.1M), Thailand ($3.21M), and China ($1.4M).

The fastest growing import markets in Spark-Ignition Engines for Ecuador between 2017 and 2018 were United States ($4.2M), South Korea ($3.74M), and Canada ($330k).

Tariffs: In 2018, the average tariff for Ecuador in Spark-Ignition Engines was 1.64%. The countries with the highest import tariffs for Spark-Ignition Engines were Mexico (4.6%), Cuba (4.4%), Panama (4.4%), Angola (1.88%), and Burundi (1.88%).

Value

EXPORTS (2018): $34.2M

IMPORTS (2018): $31.9M

NET TRADE (2018): $2.38M

In 2018, Ecuador exported $34.2M in Spark-Ignition Engines. The main destinations of Ecuador exports on Spark-Ignition Engines were United States ($23.7M), Germany ($10.5M), Canada ($30k), Peru ($16.2k), and Panama ($10.4k).

In 2018, Ecuador imported $31.9M in Spark-Ignition Engines, mainly from Japan ($10.5M), United States ($10M), South Korea ($4.1M), Thailand ($3.21M), and China ($1.4M).

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IN 2018, Ecuador HAD A POSITIVE NET TRADE IN Spark-Ignition Engines WITH:

  • United States, $13.6M ($23.7M - $10M)
  • Germany, $9.54M ($10.5M - $958k)
  • Colombia, $323 ($6.34k - $6.01k)

IN 2018, Ecuador HAD A NEGATIVE NET TRADE IN Spark-Ignition Engines WITH:

  • Japan, -$10.5M ($0 - $10.5M)
  • South Korea, -$4.1M ($0 - $4.1M)
  • Thailand, -$3.21M ($0 - $3.21M)
Flow

THE FASTEST GROWING Spark-Ignition Engines EXPORT MARKETS FOR Ecuador WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spark-Ignition Engines BY Ecuador WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, Ecuador's main exporting competitors in Spark-Ignition Engines were:

In 2018, Ecuador's main importing competitors in Spark-Ignition Engines were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Spark-Ignition Engines in Ecuador. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Ecuador in Spark-Ignition Engines was 1.64%.

The countries with the highest tariffs for Spark-Ignition Engines in Ecuador were Mexico (4.6%), Cuba (4.4%), Panama (4.4%), Angola (1.88%), and Burundi (1.88%).

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