2022
Exports
$24.8MWorld Rnk 39 / 218
Flag Rnk 38 / 95
2022
PRODUCT COMPLEXITY IN Headgear
0.5Rnk 367 / 1025
2022
Imports
$28.3MWorld Rnk 57 / 225
Flag Rnk 66 / 96
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $24.8M in Headgear, making it the 39th largest exporter of Headgear in the world. At the same year, Headgear was the 38th most exported product in Ecuador. The main destination of Headgear exports from Ecuador are: United States ($6.31M), Italy ($4.4M), Germany ($2.77M), Mexico ($2.46M), and Spain ($1.77M).

The fastest growing export markets for Headgear of Ecuador between 2021 and 2022 were Italy ($2.4M), United States ($2.2M), and Germany ($1.68M).

Imports In 2022, Ecuador imported $28.3M in Headgear, becoming the 57th largest importer of Headgear in the world. At the same year, Headgear was the 66th most imported product in Ecuador. Ecuador imports Headgear primarily from: China ($13.2M), Colombia ($4.97M), Israel ($3.26M), Poland ($1.57M), and United States ($919k).

The fastest growing import markets in Headgear for Ecuador between 2021 and 2022 were Israel ($3.22M), China ($2.97M), and Colombia ($1.52M).

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-317k(-23.3%)
IMPORT GROWTH (December 2020 - December 2021)$373k(23.7%)
MAIN DESTINATION (December 2021)United States$383k

This section shows Headgear'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 Headgear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$24.8M
IMPORTS (2022)$28.3M
NET TRADE (2022)-$3.49M

In 2022, Ecuador exported $24.8M in Headgear. The main destinations of Ecuador exports on Headgear were United States ($6.31M), Italy ($4.4M), Germany ($2.77M), Mexico ($2.46M), and Spain ($1.77M).

In 2022, Ecuador imported $28.3M in Headgear, mainly from China ($13.2M), Colombia ($4.97M), Israel ($3.26M), Poland ($1.57M), and United States ($919k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Headgear EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Italy$2.4M (120%)
United States$2.2M (53.7%)
Germany$1.68M (154%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Headgear BY Ecuador WERE (2021 - 2022):
Mexico-$146k (-5.6%)
Singapore-$83.1k (-80.2%)
Argentina-$33.8k (-32.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Headgear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.5M
TOP IMPORT POTENTIALChina+ $1.92M

Headgear’s highest export potential is United States. With an export gap of $1.5M.   Headgear’s highest import potential is China with an import gap of $1.92M.

See methodology.

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