2023
Exports
$1.15kWorld Rnk 124 / 143
Flag Rnk 893 / 1002
2023
PRODUCT COMPLEXITY IN Electrical Insulators
0.91Rnk 200 / 1025
2023
Imports
$6.88MWorld Rnk 68 / 206
Flag Rnk 429 / 1173
2023
ECONOMIC COMPLEXITY of Ecuador
-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $1.15k in Electrical Insulators, making it the 124th largest exporter of Electrical Insulators in the world. At the same year, Electrical Insulators was the 893rd most exported product in Ecuador. The main destination of Electrical Insulators exports from Ecuador are: Colombia ($876), Panama ($204), and United States ($68).

The fastest growing export markets for Electrical Insulators of Ecuador between 2022 and 2023 were Colombia ($876).

Imports In 2023, Ecuador imported $6.88M in Electrical Insulators, becoming the 68th largest importer of Electrical Insulators in the world. At the same year, Electrical Insulators was the 429th most imported product in Ecuador. Ecuador imports Electrical Insulators primarily from: China ($2.68M), Colombia ($2.31M), United States ($795k), Brazil ($624k), and Mexico ($169k).

The fastest growing import markets in Electrical Insulators for Ecuador between 2022 and 2023 were China ($1.14M), Colombia ($365k), and Brazil ($188k).

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2018 - December 2021)$-407(-99.3%)
IMPORT GROWTH (December 2020 - December 2021)$-189k(-41.5%)
MAIN DESTINATION (December 2021)Panama$2.75

This section shows Electrical Insulators'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 Insulators over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.15k
IMPORTS (2023)$6.88M
NET TRADE (2023)-$6.88M

In 2023, Ecuador exported $1.15k in Electrical Insulators. The main destinations of Ecuador exports on Electrical Insulators were Colombia ($876), Panama ($204), and United States ($68).

In 2023, Ecuador imported $6.88M in Electrical Insulators, mainly from China ($2.68M), Colombia ($2.31M), United States ($795k), Brazil ($624k), and Mexico ($169k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Insulators EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):Colombia$876 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Insulators BY Ecuador WERE (2022 - 2023):
United States-$621 (-90.1%)
Panama-$153 (-42.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Electrical Insulators were:
In 2023, Ecuador's main importing competitors in Electrical Insulators were:

Explore Visualizations

Trade Value of Electrical Insulators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $470
TOP IMPORT POTENTIALChina+ $404k

Electrical Insulators’s highest export potential is United States. With an export gap of $470.   Electrical Insulators’s highest import potential is China with an import gap of $404k.

See methodology.

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