2022
Exports
$71.4kWorld Rnk 86 / 127
Flag Rnk 579 / 1017
2022
PRODUCT COMPLEXITY IN Dairy Machinery
0.92Rnk 201 / 1025
2022
Imports
$6.05MWorld Rnk 58 / 183
Flag Rnk 463 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $71.4k in Dairy Machinery, making it the 86th largest exporter of Dairy Machinery in the world. At the same year, Dairy Machinery was the 579th most exported product in Ecuador. The main destination of Dairy Machinery exports from Ecuador are: Costa Rica ($69.4k) and Rwanda ($2.05k).

The fastest growing export markets for Dairy Machinery of Ecuador between 2021 and 2022 were Costa Rica ($69.4k) and Rwanda ($1.81k).

Imports In 2022, Ecuador imported $6.05M in Dairy Machinery, becoming the 58th largest importer of Dairy Machinery in the world. At the same year, Dairy Machinery was the 463rd most imported product in Ecuador. Ecuador imports Dairy Machinery primarily from: Colombia ($1.5M), Spain ($1.25M), Argentina ($485k), Brazil ($327k), and Germany ($310k).

The fastest growing import markets in Dairy Machinery for Ecuador between 2021 and 2022 were Colombia ($1.13M), Spain ($767k), and Argentina ($323k).

Latest Trends

September 2020

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2013 - September 2020)$-27.6k(-92%)
IMPORT GROWTH (December 2020 - December 2021)$-632k(-54.1%)
MAIN DESTINATION (September 2020)

This section shows Dairy Machinery'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 Dairy Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$71.4k
IMPORTS (2022)$6.05M
NET TRADE (2022)-$5.98M

In 2022, Ecuador exported $71.4k in Dairy Machinery. The main destinations of Ecuador exports on Dairy Machinery were Costa Rica ($69.4k) and Rwanda ($2.05k).

In 2022, Ecuador imported $6.05M in Dairy Machinery, mainly from Colombia ($1.5M), Spain ($1.25M), Argentina ($485k), Brazil ($327k), and Germany ($310k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Dairy Machinery EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Costa Rica$69.4k (1%)
Rwanda$1.81k (728%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Dairy Machinery BY Ecuador WERE (2021 - 2022):
Sweden-$933 (-100%)
Honduras-$612 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Dairy Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.09k
TOP IMPORT POTENTIALUnited States+ $143k

Dairy Machinery’s highest export potential is United States. With an export gap of $1.09k.   Dairy Machinery’s highest import potential is United States with an import gap of $143k.

See methodology.

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