Refrigerators in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $4.24M in Refrigerators, making it the 79th largest exporter of Refrigerators in the world. At the same year, Refrigerators was the 138th most exported product in Ecuador. The main destination of Refrigerators exports from Ecuador are: Colombia ($1.38M), Peru ($1.21M), Dominican Republic ($602k), El Salvador ($251k), and Guatemala ($236k).

The fastest growing export markets for Refrigerators of Ecuador between 2021 and 2022 were Colombia ($288k), Nicaragua ($110k), and United Kingdom ($74.7k).

Imports In 2022, Ecuador imported $171M in Refrigerators, becoming the 58th largest importer of Refrigerators in the world. At the same year, Refrigerators was the 31st most imported product in Ecuador. Ecuador imports Refrigerators primarily from: China ($56.6M), Colombia ($25.7M), Italy ($15.7M), United States ($11.7M), and Mexico ($11.1M).

The fastest growing import markets in Refrigerators for Ecuador between 2021 and 2022 were Italy ($5.71M), Guatemala ($4.21M), and United States ($3.63M).

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

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Refrigerators exports accounted up to $305k and imports accounted up to $16.5M, resulting in a negative trade balance of $16.2M. Between December 2020 and December 2021 the exports of Ecuador's Refrigerators have decreased by $-73.6k (-19.5%) from $378k to $305k, while imports increased by $1.39M (9.22%) from $15.1M to $16.5M.

Destinations In December 2021, Refrigerators were exported mostly to Peru ($130k), Colombia ($98.1k), Dominican Republic ($50.2k), Guatemala ($26.1k), and Uruguay ($53), and were imported mostly from China ($5.18M), Guatemala ($3.26M), Colombia ($3.07M), Brazil ($1.23M), and United States ($1.23M).

Growth In December 2021, the decrease in Refrigerators's year-by-year exports was explained primarily by a decrease in exports to Colombia ($-65k or -75.4%). In December 2021, the increase in Refrigerators's year-by-year imports was explained primarily by an increase in imports from China ($2.52M or 91.9%), Spain ($1.47M or 494%), and Germany ($800k or 661%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2020 - December 2021)$-73.6k(-19.5%)

IMPORT GROWTH (December 2020 - December 2021)$1.39M(9.22%)

MAIN DESTINATION (December 2021)Peru$130k

This section shows Refrigerators'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 Refrigerators over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$4.24M

IMPORTS (2022)$171M

NET TRADE (2022)-$167M

In 2022, Ecuador exported $4.24M in Refrigerators. The main destinations of Ecuador exports on Refrigerators were Colombia ($1.38M), Peru ($1.21M), Dominican Republic ($602k), El Salvador ($251k), and Guatemala ($236k).

In 2022, Ecuador imported $171M in Refrigerators, mainly from China ($56.6M), Colombia ($25.7M), Italy ($15.7M), United States ($11.7M), and Mexico ($11.1M).

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