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2022
Exports $594kWorld Rnk 74 / 193
Flag Rnk 332 / 1017
falsefalse Ireland
2022
PRODUCT COMPLEXITY IN Household Washing Machines0.16Rnk 501 / 1025
2022
Imports $88.2MWorld Rnk 49 / 221
Flag Rnk 57 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $594k in Household Washing Machines, making it the 74th largest exporter of Household Washing Machines in the world. At the same year, Household Washing Machines was the 332nd most exported product in Ecuador. The main destination of Household Washing Machines exports from Ecuador are: Ireland ($377k), Venezuela ($107k), Guatemala ($101k), Switzerland ($5.91k), and Panama ($2.19k).

Imports In 2022, Ecuador imported $88.2M in Household Washing Machines, becoming the 49th largest importer of Household Washing Machines in the world. At the same year, Household Washing Machines was the 57th most imported product in Ecuador. Ecuador imports Household Washing Machines primarily from: China ($26.1M), Thailand ($19.4M), Mexico ($15M), Colombia ($7.91M), and Vietnam ($7.08M).

The fastest growing import markets in Household Washing Machines for Ecuador between 2021 and 2022 were Mexico ($5.24M), Vietnam ($3.44M), and Thailand ($2.68M).

Latest Trends

November 2021

About

Overview In November 2021 Ecuador's Household Washing Machines exports accounted up to $3.52k and imports accounted up to $6.03M, resulting in a negative trade balance of $6.03M. Between February 2019 and November 2021 the exports of Ecuador's   Household Washing Machines have decreased by $-241 (-6.41%) from $3.76k to $3.52k, while imports decreased by $-1.68M (-21.8%) from $7.71M to $6.03M.

Destinations In November 2021, Household Washing Machines were exported mostly to , and were imported mostly from Thailand ($1.71M), China ($1.71M), Mexico ($870k), Colombia ($561k), and Chile ($371k).

Growth In November 2021, the decrease in Household Washing Machines's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the decrease in Household Washing Machines's year-by-year imports was explained primarily by a decrease in imports from United States ($-534k or -93.5%) and South Korea ($-55.3k or -94.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2019 - November 2021)$-241(-6.41%)
IMPORT GROWTH (December 2020 - December 2021)$-1.68M(-21.8%)
MAIN DESTINATION (November 2021)

This section shows Household Washing Machines'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 Household Washing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$594k
IMPORTS (2022)$88.2M
NET TRADE (2022)-$87.6M

In 2022, Ecuador exported $594k in Household Washing Machines. The main destinations of Ecuador exports on Household Washing Machines were Ireland ($377k), Venezuela ($107k), Guatemala ($101k), Switzerland ($5.91k), and Panama ($2.19k).

In 2022, Ecuador imported $88.2M in Household Washing Machines, mainly from China ($26.1M), Thailand ($19.4M), Mexico ($15M), Colombia ($7.91M), and Vietnam ($7.08M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Household Washing Machines were:
China $5.41B
Poland $1.63B
Thailand $1.19B
In 2022, Ecuador's main importing competitors in Household Washing Machines were:
United States $1.77B
Japan $1.17B
Germany $945M

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Trade Value of Household Washing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $26.1k
TOP IMPORT POTENTIALChina+ $3.98M

Household Washing Machines’s highest export potential is Guatemala. With an export gap of $26.1k.   Household Washing Machines’s highest import potential is China with an import gap of $3.98M.

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