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2023
Exports $22.5kWorld Rnk 107 / 199
Flag Rnk 701 / 1002
2023
Destination $8.55k Spain
2022 - 2023
FASTEST GROWING MARKET $8.55kSpain
2023
PRODUCT COMPLEXITY IN Electrical Capacitors1.16Rnk 120 / 1025
2023
Imports $5.27MWorld Rnk 74 / 215
Flag Rnk 472 / 1173
2023
Origin $49.8k China
2022 - 2023
FASTEST GROWING ORIGIN $49.8kChinese Taipei
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $22.5k in Electrical Capacitors, making it the 107th largest exporter of Electrical Capacitors in the world. At the same year, Electrical Capacitors was the 701st most exported product in Ecuador. The main destination of Electrical Capacitors exports from Ecuador are: Spain ($11.5k), United States ($3.89k), Brazil ($2.79k), Poland ($1.41k), and Panama ($1.05k).

The fastest growing export markets for Electrical Capacitors of Ecuador between 2022 and 2023 were Spain ($8.55k), United States ($3.81k), and Brazil ($2.1k).

Imports In 2023, Ecuador imported $5.27M in Electrical Capacitors, becoming the 74th largest importer of Electrical Capacitors in the world. At the same year, Electrical Capacitors was the 472nd most imported product in Ecuador. Ecuador imports Electrical Capacitors primarily from: China ($3.6M), United States ($347k), Argentina ($206k), Spain ($135k), and Japan ($131k).

The fastest growing import markets in Electrical Capacitors for Ecuador between 2022 and 2023 were Chinese Taipei ($49.8k), Switzerland ($22.7k), and Panama ($21.6k).

Latest Trends

July 2021

About

Overview In July 2021 Ecuador's Electrical Capacitors exports accounted up to $963 and imports accounted up to $477k, resulting in a negative trade balance of $476k. Between February 2020 and July 2021 the exports of Ecuador's   Electrical Capacitors have increased by $888 (1.17k%) from $75.7 to $963, while imports increased by $163k (51.9%) from $314k to $477k.

Destinations In July 2021, Electrical Capacitors were exported mostly to , and were imported mostly from United States ($232k), China ($89.5k), Indonesia ($52.6k), Colombia ($29.9k), and Mexico ($22.7k).

Growth In July 2021, the increase in Electrical Capacitors's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Electrical Capacitors's year-by-year imports was explained primarily by an increase in imports from China ($178k or 128%), Germany ($4.87k or 36.3%), and India ($650 or 26.6k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2020 - July 2021)$888(1.17k%)
IMPORT GROWTH (December 2020 - December 2021)$163k(51.9%)
MAIN DESTINATION (July 2021)

This section shows Electrical Capacitors'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 Electrical Capacitors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$22.5k
IMPORTS (2023)$5.27M
NET TRADE (2023)-$5.25M

In 2023, Ecuador exported $22.5k in Electrical Capacitors. The main destinations of Ecuador exports on Electrical Capacitors were Spain ($11.5k), United States ($3.89k), Brazil ($2.79k), Poland ($1.41k), and Panama ($1.05k).

In 2023, Ecuador imported $5.27M in Electrical Capacitors, mainly from China ($3.6M), United States ($347k), Argentina ($206k), Spain ($135k), and Japan ($131k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Capacitors EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Spain$8.55k (292%)
United States$3.81k (5.37k%)
Brazil$2.1k (300%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Capacitors BY Ecuador WERE (2022 - 2023):
South Africa-$573 (-100%)
United Arab Emirates-$510 (-100%)
Guatemala-$440 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Electrical Capacitors were:
Japan $8.53B
China $7.45B
Germany $1.99B
In 2023, Ecuador's main importing competitors in Electrical Capacitors were:
China $6.22B
Hong Kong $4.51B
Germany $2.67B

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Trade Value of Electrical Capacitors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $1.7k
TOP IMPORT POTENTIALChina+ $667k

Electrical Capacitors’s highest export potential is Poland. With an export gap of $1.7k.   Electrical Capacitors’s highest import potential is China with an import gap of $667k.

See methodology.

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