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2022
Exports $65.7kWorld Rnk 88 / 179
Flag Rnk 588 / 1017
2022
Destination $2.28k Peru
2021 - 2022
FASTEST GROWING MARKET $2.28kBolivia
2022
PRODUCT COMPLEXITY IN Garden Tools0.2Rnk 486 / 1025
2022
Imports $9.42MWorld Rnk 57 / 219
Flag Rnk 387 / 1175
2022
Origin $799k Colombia
2021 - 2022
FASTEST GROWING ORIGIN $799kChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $65.7k in Garden Tools, making it the 88th largest exporter of Garden Tools in the world. At the same year, Garden Tools was the 588th most exported product in Ecuador. The main destination of Garden Tools exports from Ecuador are: Peru ($59.4k), Bolivia ($2.68k), Panama ($2.22k), Slovakia ($1.2k), and Bermuda ($146).

The fastest growing export markets for Garden Tools of Ecuador between 2021 and 2022 were Bolivia ($2.28k), Panama ($1.81k), and Slovakia ($1.2k).

Imports In 2022, Ecuador imported $9.42M in Garden Tools, becoming the 57th largest importer of Garden Tools in the world. At the same year, Garden Tools was the 387th most imported product in Ecuador. Ecuador imports Garden Tools primarily from: Colombia ($4.08M), China ($3.34M), Switzerland ($576k), Brazil ($390k), and Mexico ($330k).

The fastest growing import markets in Garden Tools for Ecuador between 2021 and 2022 were China ($799k), India ($170k), and Thailand ($19.1k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Garden Tools exports accounted up to $56.1k and imports accounted up to $840k, resulting in a negative trade balance of $784k. Between July 2020 and December 2021 the exports of Ecuador's   Garden Tools have decreased by $-7.13k (-11.3%) from $63.2k to $56.1k, while imports increased by $376k (81.1%) from $464k to $840k.

Destinations In December 2021, Garden Tools were exported mostly to Peru ($56.1k) and Panama ($3), and were imported mostly from Colombia ($326k), China ($219k), Switzerland ($101k), Mexico ($75.6k), and Malaysia ($38.1k).

Growth In December 2021, the decrease in Garden Tools's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Garden Tools's year-by-year imports was explained primarily by an increase in imports from Spain ($1.36k or 19%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2020 - December 2021)$-7.13k(-11.3%)
IMPORT GROWTH (December 2020 - December 2021)$376k(81.1%)
MAIN DESTINATION (December 2021)Peru$56.1k

This section shows Garden Tools'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 Garden Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$65.7k
IMPORTS (2022)$9.42M
NET TRADE (2022)-$9.36M

In 2022, Ecuador exported $65.7k in Garden Tools. The main destinations of Ecuador exports on Garden Tools were Peru ($59.4k), Bolivia ($2.68k), Panama ($2.22k), Slovakia ($1.2k), and Bermuda ($146).

In 2022, Ecuador imported $9.42M in Garden Tools, mainly from Colombia ($4.08M), China ($3.34M), Switzerland ($576k), Brazil ($390k), and Mexico ($330k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Garden Tools EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Bolivia$2.28k (559%)
Panama$1.81k (440%)
Slovakia$1.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Garden Tools BY Ecuador WERE (2021 - 2022):
Peru-$203k (-77.4%)
Germany-$2.96k (-100%)
Paraguay-$1.21k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Garden Tools were:
China $1.3B
Chinese Taipei $173M
Germany $165M
In 2022, Ecuador's main importing competitors in Garden Tools were:
United States $524M
Germany $196M
Netherlands $119M

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Trade Value of Garden Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $14.7k
TOP IMPORT POTENTIALChina+ $679k

Garden Tools’s highest export potential is Peru. With an export gap of $14.7k.   Garden Tools’s highest import potential is China with an import gap of $679k.

See methodology.

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