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2022
Exports $348kWorld Rnk 95 / 195
Flag Rnk 398 / 1017
2022
Destination $83k Peru
2021 - 2022
FASTEST GROWING MARKET $83kColombia
2022
PRODUCT COMPLEXITY IN Base Metal Watches0.41Rnk 406 / 1025
2022
Imports $11.9MWorld Rnk 89 / 220
Flag Rnk 342 / 1175
2022
Origin $825k Switzerland
2021 - 2022
FASTEST GROWING ORIGIN $825kSwitzerland
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $348k in Base Metal Watches, making it the 95th largest exporter of Base Metal Watches in the world. At the same year, Base Metal Watches was the 398th most exported product in Ecuador. The main destination of Base Metal Watches exports from Ecuador are: Peru ($141k), Colombia ($138k), Ireland ($30k), Guatemala ($19k), and Panama ($11.7k).

The fastest growing export markets for Base Metal Watches of Ecuador between 2021 and 2022 were Colombia ($83k), Ireland ($30k), and Guatemala ($19k).

Imports In 2022, Ecuador imported $11.9M in Base Metal Watches, becoming the 89th largest importer of Base Metal Watches in the world. At the same year, Base Metal Watches was the 342nd most imported product in Ecuador. Ecuador imports Base Metal Watches primarily from: Switzerland ($4.44M), China ($4M), United States ($1.26M), Japan ($519k), and Philippines ($471k).

The fastest growing import markets in Base Metal Watches for Ecuador between 2021 and 2022 were Switzerland ($825k), China ($760k), and United States ($371k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Base Metal Watches exports accounted up to $4.87k and imports accounted up to $1.16M, resulting in a negative trade balance of $1.15M. Between October 2020 and December 2021 the exports of Ecuador's   Base Metal Watches have decreased by $-5.3k (-52.1%) from $10.2k to $4.87k, while imports increased by $410k (55%) from $747k to $1.16M.

Destinations In December 2021, Base Metal Watches were exported mostly to Colombia ($4.87k), and were imported mostly from Switzerland ($646k), China ($249k), United States ($106k), Japan ($80.6k), and Hong Kong ($50.4k).

Growth In December 2021, the decrease in Base Metal Watches's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Base Metal Watches's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2020 - December 2021)$-5.3k(-52.1%)
IMPORT GROWTH (December 2020 - December 2021)$410k(55%)
MAIN DESTINATION (December 2021)Colombia$4.87k

This section shows Base Metal Watches'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 Base Metal Watches over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$348k
IMPORTS (2022)$11.9M
NET TRADE (2022)-$11.5M

In 2022, Ecuador exported $348k in Base Metal Watches. The main destinations of Ecuador exports on Base Metal Watches were Peru ($141k), Colombia ($138k), Ireland ($30k), Guatemala ($19k), and Panama ($11.7k).

In 2022, Ecuador imported $11.9M in Base Metal Watches, mainly from Switzerland ($4.44M), China ($4M), United States ($1.26M), Japan ($519k), and Philippines ($471k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Base Metal Watches EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Colombia$83k (152%)
Ireland$30k (1%)
Guatemala$19k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Base Metal Watches BY Ecuador WERE (2021 - 2022):
Switzerland-$17.9k (-74.3%)
Romania-$8.47k (-100%)
Peru-$4.54k (-3.12%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Base Metal Watches were:
Switzerland $16.1B
China $3.02B
Germany $1.18B
In 2022, Ecuador's main importing competitors in Base Metal Watches were:
United States $3.57B
Hong Kong $2.82B
China $2.14B

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Trade Value of Base Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSwitzerland+ $6.21k
TOP IMPORT POTENTIALSwitzerland+ $1.17M

Base Metal Watches’s highest export potential is Switzerland. With an export gap of $6.21k.   Base Metal Watches’s highest import potential is Switzerland with an import gap of $1.17M.

See methodology.

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