2022
Exports
$253kWorld Rnk 87 / 177
Flag Rnk 441 / 1017
2022
PRODUCT COMPLEXITY IN Bandages
0.96Rnk 187 / 1025
2022
Imports
$15.5MWorld Rnk 60 / 221
Flag Rnk 294 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $253k in Bandages, making it the 87th largest exporter of Bandages in the world. At the same year, Bandages was the 441st most exported product in Ecuador. The main destination of Bandages exports from Ecuador are: Panama ($209k), Guatemala ($19.5k), United Kingdom ($11.5k), Bolivia ($10.1k), and United States ($1.77k).

The fastest growing export markets for Bandages of Ecuador between 2021 and 2022 were Panama ($113k), Guatemala ($19.5k), and United Kingdom ($11.5k).

Imports In 2022, Ecuador imported $15.5M in Bandages, becoming the 60th largest importer of Bandages in the world. At the same year, Bandages was the 294th most imported product in Ecuador. Ecuador imports Bandages primarily from: China ($4.28M), Colombia ($3.56M), United States ($3.51M), Germany ($590k), and Netherlands ($424k).

The fastest growing import markets in Bandages for Ecuador between 2021 and 2022 were China ($1.51M), United States ($960k), and United Kingdom ($252k).

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$8.39k(451%)
IMPORT GROWTH (December 2020 - December 2021)$763k(165%)
MAIN DESTINATION (December 2021)Panama$10.3k

This section shows Bandages'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 Bandages over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$253k
IMPORTS (2022)$15.5M
NET TRADE (2022)-$15.2M

In 2022, Ecuador exported $253k in Bandages. The main destinations of Ecuador exports on Bandages were Panama ($209k), Guatemala ($19.5k), United Kingdom ($11.5k), Bolivia ($10.1k), and United States ($1.77k).

In 2022, Ecuador imported $15.5M in Bandages, mainly from China ($4.28M), Colombia ($3.56M), United States ($3.51M), Germany ($590k), and Netherlands ($424k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Panama$113k (117%)
Guatemala$19.5k (1%)
United Kingdom$11.5k (164k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Ecuador WERE (2021 - 2022):
Brazil-$5.6k (-100%)
Maldives-$2.55k (-100%)
Peru-$2.34k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Bandages were:
In 2022, Ecuador's main importing competitors in Bandages were:

Explore Visualizations

Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $17.1k
TOP IMPORT POTENTIALChina+ $1.49M

Bandages’s highest export potential is United Kingdom. With an export gap of $17.1k.   Bandages’s highest import potential is China with an import gap of $1.49M.

See methodology.

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