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2022
Exports $896World Rnk 103 / 116
Flag Rnk 903 / 1017
falsefalse Chile
2021 - 2022
FASTEST GROWING MARKETfalsefalse
2022
PRODUCT COMPLEXITY IN Hydraulic Turbines-0.028Rnk 553 / 1025
2022
Imports $6.87MWorld Rnk 41 / 195
Flag Rnk 440 / 1175
2021 - 2022
FASTEST GROWING ORIGINfalseAustria
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $896 in Hydraulic Turbines, making it the 103rd largest exporter of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 903rd most exported product in Ecuador. The main destination of Hydraulic Turbines exports from Ecuador are: Chile ($896).

Imports In 2022, Ecuador imported $6.87M in Hydraulic Turbines, becoming the 41st largest importer of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 440th most imported product in Ecuador. Ecuador imports Hydraulic Turbines primarily from: Germany ($2.23M), Austria ($2.22M), Spain ($1.17M), Switzerland ($592k), and China ($267k).

The fastest growing import markets in Hydraulic Turbines for Ecuador between 2021 and 2022 were Austria ($2.22M), Germany ($2.12M), and Spain ($1.09M).

Latest Trends

October 2021

About

Overview In October 2021 Ecuador's Hydraulic Turbines exports accounted up to $1.82k and imports accounted up to $6.97k, resulting in a negative trade balance of $5.15k. Between June 2016 and October 2021 the exports of Ecuador's   Hydraulic Turbines have increased by $434 (31.3%) from $1.39k to $1.82k, while imports decreased by $-24.7k (-78%) from $31.7k to $6.97k.

Destinations In October 2021, Hydraulic Turbines were exported mostly to , and were imported mostly from France ($2.63k), United States ($2.2k), and China ($2.14k).

Growth In October 2021, the increase in Hydraulic Turbines's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the decrease in Hydraulic Turbines's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2016 - October 2021)$434(31.3%)
IMPORT GROWTH (December 2020 - December 2021)$-24.7k(-78%)
MAIN DESTINATION (October 2021)

This section shows Hydraulic Turbines'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 Hydraulic Turbines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$896
IMPORTS (2022)$6.87M
NET TRADE (2022)-$6.87M

In 2022, Ecuador exported $896 in Hydraulic Turbines. The main destinations of Ecuador exports on Hydraulic Turbines were Chile ($896).

In 2022, Ecuador imported $6.87M in Hydraulic Turbines, mainly from Germany ($2.23M), Austria ($2.22M), Spain ($1.17M), Switzerland ($592k), and China ($267k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydraulic Turbines BY Ecuador WERE (2021 - 2022):
Chile-$25.6k (-96.6%)
Peru-$1.82k (-100%)
United States-$100 (-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 Hydraulic Turbines were:
China $225M
Austria $127M
Germany $88.9M
In 2022, Ecuador's main importing competitors in Hydraulic Turbines were:
Russia $65.9M
United States $58.5M
Vietnam $53.8M

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Trade Value of Hydraulic Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChile+ $631
TOP IMPORT POTENTIALChina+ $213k

Hydraulic Turbines’s highest export potential is Chile. With an export gap of $631.   Hydraulic Turbines’s highest import potential is China with an import gap of $213k.

See methodology.

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