Mill Machinery in Ecuador

EXPORTS (2018): $3.21M, World Rnk 40 / 128
Flag Rnk 138 / 857

TOP DESTINATION (2018): $2.55M, Peru

FASTEST GROWING MARKET (2017 - 2018): $971k, Peru

IMPORTS (2018): $17.1M, World Rnk 48 / 190
Flag Rnk 227 / 1149

TOP ORIGIN (2018): $4.53M, Netherlands

FASTEST GROWING ORIGIN (2017 - 2018): $1.6M, Australia

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

PRODUCT COMPLEXITY  IN Mill Machinery (2018): 0.52, Rnk 366 / 1018

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

Exports: In 2018, Ecuador exported $3.21M in Mill Machinery, making it the 40th largest exporter of Mill Machinery in the world. At the same year, Mill Machinery was the 138th most exported product in Ecuador. The main destination of Mill Machinery exports from Ecuador are: Peru ($2.55M), Bolivia ($658k), and Colombia ($3.6k).

The fastest growing export markets for Mill Machinery of Ecuador between 2017 and 2018 were Peru ($971k) and Bolivia ($582k).

Imports: In 2018, Ecuador imported $17.1M in Mill Machinery, becoming the 48th largest importer of Mill Machinery in the world. At the same year, Mill Machinery was the 227th most imported product in Ecuador. Ecuador imports Mill Machinery primarily from: Netherlands ($4.53M), China ($4.18M), Brazil ($2.38M), Australia ($1.6M), and South Africa ($1.01M).

The fastest growing import markets in Mill Machinery for Ecuador between 2017 and 2018 were Australia ($1.6M), Brazil ($885k), and Netherlands ($733k).

Tariffs: In 2018, the average tariff for Ecuador in Mill Machinery was 1.33%. The countries with the highest import tariffs for Mill Machinery were Mexico (4.6%), Cuba (4.4%), Panama (4.4%), Cyprus (4%), and Austria (4%).

Value

EXPORTS (2018): $3.21M

IMPORTS (2018): $17.1M

NET TRADE (2018): -$13.9M

In 2018, Ecuador exported $3.21M in Mill Machinery. The main destinations of Ecuador exports on Mill Machinery were Peru ($2.55M), Bolivia ($658k), and Colombia ($3.6k).

In 2018, Ecuador imported $17.1M in Mill Machinery, mainly from Netherlands ($4.53M), China ($4.18M), Brazil ($2.38M), Australia ($1.6M), and South Africa ($1.01M).

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IN 2018, Ecuador HAD A POSITIVE NET TRADE IN Mill Machinery WITH:

  • Peru, $2.54M ($2.55M - $13.5k)
  • Bolivia, $658k ($658k - $0)

IN 2018, Ecuador HAD A NEGATIVE NET TRADE IN Mill Machinery WITH:

  • Netherlands, -$4.53M ($0 - $4.53M)
  • China, -$4.18M ($0 - $4.18M)
  • Brazil, -$2.38M ($0 - $2.38M)
Flow

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

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mill Machinery 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 Mill Machinery were:

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

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Mill Machinery 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 Mill Machinery was 1.33%.

The countries with the highest tariffs for Mill Machinery in Ecuador were Mexico (4.6%), Cuba (4.4%), Panama (4.4%), Cyprus (4%), and Austria (4%).

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