Cranes in Ecuador

EXPORTS (2018): $541k, World Rnk 106 / 152
Flag Rnk 295 / 857

TOP DESTINATION (2018): $379k, Mexico

FASTEST GROWING MARKET (2017 - 2018): $132k, Spain

IMPORTS (2018): $22.5M, World Rnk 86 / 206
Flag Rnk 184 / 1149

TOP ORIGIN (2018): $6.58M, United States

FASTEST GROWING ORIGIN (2017 - 2018): $2.59M, Italy

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

PRODUCT COMPLEXITY  IN Cranes (2018): 0.73, Rnk 275 / 1018

Overview: This page contains the latest trade data of Cranes in Ecuador.

Exports: In 2018, Ecuador exported $541k in Cranes, making it the 106th largest exporter of Cranes in the world. At the same year, Cranes was the 295th most exported product in Ecuador. The main destination of Cranes exports from Ecuador are: Mexico ($379k), Spain ($132k), Peru ($15.2k), Costa Rica ($8.5k), and Colombia ($7.3k).

The fastest growing export markets for Cranes of Ecuador between 2017 and 2018 were Spain ($132k), Mexico ($29.5k), and Peru ($15.2k).

Imports: In 2018, Ecuador imported $22.5M in Cranes, becoming the 86th largest importer of Cranes in the world. At the same year, Cranes was the 184th most imported product in Ecuador. Ecuador imports Cranes primarily from: United States ($6.58M), Germany ($4.33M), Italy ($3.68M), Spain ($1.93M), and China ($1.79M).

The fastest growing import markets in Cranes for Ecuador between 2017 and 2018 were Italy ($2.59M), Germany ($2.08M), and Sweden ($652k).

Tariffs: In 2018, the average tariff for Ecuador in Cranes was 11.5%. The countries with the highest import tariffs for Cranes were Angola (12.7%), Burundi (12.7%), Benin (12.7%), Burkina Faso (12.7%), and Botswana (12.7%).

Value

EXPORTS (2018): $541k

IMPORTS (2018): $22.5M

NET TRADE (2018): -$22M

In 2018, Ecuador exported $541k in Cranes. The main destinations of Ecuador exports on Cranes were Mexico ($379k), Spain ($132k), Peru ($15.2k), Costa Rica ($8.5k), and Colombia ($7.3k).

In 2018, Ecuador imported $22.5M in Cranes, mainly from United States ($6.58M), Germany ($4.33M), Italy ($3.68M), Spain ($1.93M), and China ($1.79M).

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IN 2018, Ecuador HAD A POSITIVE NET TRADE IN Cranes WITH:

  • Mexico, $363k ($379k - $16k)
  • Costa Rica, $8.5k ($8.5k - $0)

IN 2018, Ecuador HAD A NEGATIVE NET TRADE IN Cranes WITH:

  • United States, -$6.58M ($0 - $6.58M)
  • Germany, -$4.33M ($0 - $4.33M)
  • Italy, -$3.68M ($0 - $3.68M)
Flow

THE FASTEST GROWING Cranes EXPORT MARKETS FOR Ecuador WERE (2017 - 2018):

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

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Market Concentration

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Flow
Type

In 2018, Ecuador's main exporting competitors in Cranes were:

In 2018, Ecuador's main importing competitors in Cranes were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Cranes 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 Cranes was 11.5%.

The countries with the highest tariffs for Cranes in Ecuador were Angola (12.7%), Burundi (12.7%), Benin (12.7%), Burkina Faso (12.7%), and Botswana (12.7%).

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