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2022
Exports $93.2kWorld Rnk 101 / 204
Flag Rnk 547 / 1017
2022
Destination $3.66k Peru
2021 - 2022
FASTEST GROWING MARKET $3.66kEl Salvador
2022
PRODUCT COMPLEXITY IN Eyewear0.83Rnk 232 / 1025
2022
Imports $7.73MWorld Rnk 75 / 221
Flag Rnk 417 / 1175
2022
Origin $712k China
2021 - 2022
FASTEST GROWING ORIGIN $712kChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $93.2k in Eyewear, making it the 101st largest exporter of Eyewear in the world. At the same year, Eyewear was the 547th most exported product in Ecuador. The main destination of Eyewear exports from Ecuador are: Peru ($39.7k), Colombia ($29.2k), Bermuda ($13.3k), El Salvador ($4.44k), and Panama ($2.43k).

The fastest growing export markets for Eyewear of Ecuador between 2021 and 2022 were El Salvador ($3.66k), France ($1.28k), and Portugal ($532).

Imports In 2022, Ecuador imported $7.73M in Eyewear, becoming the 75th largest importer of Eyewear in the world. At the same year, Eyewear was the 417th most imported product in Ecuador. Ecuador imports Eyewear primarily from: China ($3.81M), Italy ($1.43M), Peru ($790k), Chinese Taipei ($484k), and United States ($474k).

The fastest growing import markets in Eyewear for Ecuador between 2021 and 2022 were China ($712k), Italy ($235k), and United States ($130k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Eyewear exports accounted up to $204 and imports accounted up to $639k, resulting in a negative trade balance of $639k. Between December 2020 and December 2021 the exports of Ecuador's   Eyewear have decreased by $-11.6k (-98.3%) from $11.8k to $204, while imports increased by $207k (47.8%) from $432k to $639k.

Destinations In December 2021, Eyewear were exported mostly to Cuba ($196) and Aruba ($8), and were imported mostly from China ($330k), Italy ($185k), United States ($77.2k), Chinese Taipei ($17.5k), and Mexico ($5.76k).

Growth In December 2021, the decrease in Eyewear's year-by-year exports was explained primarily by a decrease in exports to Peru ($-7.81k or -72.1%). In December 2021, the increase in Eyewear's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei ($15.2k or 56.6%), Japan ($3.4k or 277%), and Argentina ($1.7k or 3.82%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-11.6k(-98.3%)
IMPORT GROWTH (December 2020 - December 2021)$207k(47.8%)
MAIN DESTINATION (December 2021)Cuba$196

This section shows Eyewear'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 Eyewear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$93.2k
IMPORTS (2022)$7.73M
NET TRADE (2022)-$7.63M

In 2022, Ecuador exported $93.2k in Eyewear. The main destinations of Ecuador exports on Eyewear were Peru ($39.7k), Colombia ($29.2k), Bermuda ($13.3k), El Salvador ($4.44k), and Panama ($2.43k).

In 2022, Ecuador imported $7.73M in Eyewear, mainly from China ($3.81M), Italy ($1.43M), Peru ($790k), Chinese Taipei ($484k), and United States ($474k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Eyewear EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
El Salvador$3.66k (473%)
France$1.28k (1%)
Portugal$532 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Eyewear BY Ecuador WERE (2021 - 2022):
United States-$108k (-100%)
Colombia-$21.1k (-41.9%)
Peru-$12.5k (-23.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Eyewear were:
China $4.53B
Italy $3.48B
Chinese Taipei $521M
In 2022, Ecuador's main importing competitors in Eyewear were:
United States $3.04B
Germany $668M
France $666M

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Trade Value of Eyewear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $6.14k
TOP IMPORT POTENTIALChina+ $1.07M

Eyewear’s highest export potential is Colombia. With an export gap of $6.14k.   Eyewear’s highest import potential is China with an import gap of $1.07M.

See methodology.

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