2022
Exports
$951kWorld Rnk 136 / 210
Flag Rnk 275 / 1017
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$1.26BWorld Rnk 66 / 224
Flag Rnk 3 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $951k in Cars, making it the 136th largest exporter of Cars in the world. At the same year, Cars was the 275th most exported product in Ecuador. The main destination of Cars exports from Ecuador are: Peru ($220k), United States ($194k), Cuba ($154k), Colombia ($66.6k), and Paraguay ($61.9k).

The fastest growing export markets for Cars of Ecuador between 2021 and 2022 were Cuba ($154k), United States ($153k), and Peru ($145k).

Imports In 2022, Ecuador imported $1.26B in Cars, becoming the 66th largest importer of Cars in the world. At the same year, Cars was the 3rd most imported product in Ecuador. Ecuador imports Cars primarily from: China ($393M), Brazil ($184M), Colombia ($108M), India ($104M), and South Korea ($82.4M).

The fastest growing import markets in Cars for Ecuador between 2021 and 2022 were China ($108M), Brazil ($102M), and India ($64.3M).

COMPANIES In 2021, leading companies such as Dole Fresh Fruit (1) were at the forefront of shipping Cars from Ecuador to the United States.

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2018 - December 2021)$-3.1k(-88.6%)
IMPORT GROWTH (December 2020 - December 2021)$10.4M(14.7%)
MAIN DESTINATION (December 2021)Colombia$400

This section shows Cars'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 Cars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$951k
IMPORTS (2022)$1.26B
NET TRADE (2022)-$1.26B

In 2022, Ecuador exported $951k in Cars. The main destinations of Ecuador exports on Cars were Peru ($220k), United States ($194k), Cuba ($154k), Colombia ($66.6k), and Paraguay ($61.9k).

In 2022, Ecuador imported $1.26B in Cars, mainly from China ($393M), Brazil ($184M), Colombia ($108M), India ($104M), and South Korea ($82.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Cuba$154k (1%)
United States$153k (372%)
Peru$145k (193%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Ecuador WERE (2021 - 2022):
Colombia-$157k (-70.2%)
Netherlands-$63.5k (-100%)
Germany-$49.8k (-91.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $110k
TOP IMPORT POTENTIALJapan+ $50.9M

Cars’s highest export potential is United States. With an export gap of $110k.   Cars’s highest import potential is Japan with an import gap of $50.9M.

See methodology.

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