Other Wood Articles in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $111M in Other Wood Articles, making it the 13th largest exporter of Other Wood Articles in the world. At the same year, Other Wood Articles was the 23rd most exported product in Ecuador. The main destination of Other Wood Articles exports from Ecuador are: China ($43.2M), United States ($17.8M), Poland ($11M), Spain ($7.97M), and Turkey ($7.76M).

The fastest growing export markets for Other Wood Articles of Ecuador between 2021 and 2022 were China ($21.1M), Poland ($2.37M), and Spain ($1.14M).

Imports In 2022, Ecuador imported $2.86M in Other Wood Articles, becoming the 91st largest importer of Other Wood Articles in the world. At the same year, Other Wood Articles was the 599th most imported product in Ecuador. Ecuador imports Other Wood Articles primarily from: China ($2.09M), Russia ($329k), United States ($101k), India ($78.2k), and Colombia ($56.4k).

The fastest growing import markets in Other Wood Articles for Ecuador between 2021 and 2022 were China ($933k), Russia ($162k), and India ($73.2k).

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

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Other Wood Articles exports accounted up to $6.46M and imports accounted up to $142k, resulting in a positive trade balance of $6.31M. Between December 2020 and December 2021 the exports of Ecuador's Other Wood Articles have decreased by $-4.87M (-43%) from $11.3M to $6.46M, while imports increased by $79k (125%) from $63k to $142k.

Destinations In December 2021, Other Wood Articles were exported mostly to China ($1.21M), Poland ($949k), Turkey ($884k), India ($862k), and Denmark ($782k), and were imported mostly from China ($109k), Russia ($30.4k), United States ($2.34k), and Spain ($575).

Growth In December 2021, the decrease in Other Wood Articles's year-by-year exports was explained primarily by a decrease in exports to India ($-1.56M or -75.1%), Spain ($-788k or -82.1%), and Denmark ($-45.5k or -7.61%). In December 2021, the increase in Other Wood Articles's year-by-year imports was explained primarily by an increase in imports from Brazil ($19.7k or 184%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2020 - December 2021)$-4.87M(-43%)

IMPORT GROWTH (December 2020 - December 2021)$79k(125%)

MAIN DESTINATION (December 2021)China$1.21M

This section shows Other Wood Articles'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 Other Wood Articles over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$111M

IMPORTS (2022)$2.86M

NET TRADE (2022)$108M

In 2022, Ecuador exported $111M in Other Wood Articles. The main destinations of Ecuador exports on Other Wood Articles were China ($43.2M), United States ($17.8M), Poland ($11M), Spain ($7.97M), and Turkey ($7.76M).

In 2022, Ecuador imported $2.86M in Other Wood Articles, mainly from China ($2.09M), Russia ($329k), United States ($101k), India ($78.2k), and Colombia ($56.4k).

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