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2022
Exports $1MWorld Rnk 78 / 165
Flag Rnk 268 / 1017
2022
Destination $117k Peru
2021 - 2022
FASTEST GROWING MARKET $117kUnited States
2022
PRODUCT COMPLEXITY IN Hydrogen0.11Rnk 521 / 1025
2022
Imports $2.01MWorld Rnk 100 / 213
Flag Rnk 666 / 1175
2022
Origin $81.8k United States
2021 - 2022
FASTEST GROWING ORIGIN $81.8kPeru
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $1M in Hydrogen, making it the 78th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 268th most exported product in Ecuador. The main destination of Hydrogen exports from Ecuador are: Peru ($877k), United States ($118k), Colombia ($4.08k), Panama ($1.7k), and Chile ($93).

The fastest growing export markets for Hydrogen of Ecuador between 2021 and 2022 were United States ($117k) and Panama ($1.7k).

Imports In 2022, Ecuador imported $2.01M in Hydrogen, becoming the 100th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 666th most imported product in Ecuador. Ecuador imports Hydrogen primarily from: United States ($808k), China ($471k), Colombia ($289k), Peru ($104k), and Chile ($74k).

The fastest growing import markets in Hydrogen for Ecuador between 2021 and 2022 were Peru ($81.8k), United Arab Emirates ($43.7k), and Costa Rica ($39k).

COMPANIES In 2021, leading companies such as Goya Foods (1) were at the forefront of shipping Hydrogen from Ecuador to the United States.

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Hydrogen exports accounted up to $48.4k and imports accounted up to $317k, resulting in a negative trade balance of $268k. Between December 2020 and December 2021 the exports of Ecuador's   Hydrogen have decreased by $-32.6k (-40.2%) from $81k to $48.4k, while imports decreased by $-11.8k (-3.6%) from $329k to $317k.

Destinations In December 2021, Hydrogen were exported mostly to Peru ($48.2k) and Rest of the world ($188), and were imported mostly from China ($209k), United States ($74.7k), Colombia ($17k), Panama ($14.6k), and United Kingdom ($1.75k).

Growth In December 2021, the decrease in Hydrogen's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the decrease in Hydrogen's year-by-year imports was explained primarily by a decrease in imports from Germany ($-1.35k or -19.4%) and United Kingdom ($-368 or -25.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-32.6k(-40.2%)
IMPORT GROWTH (December 2020 - December 2021)$-11.8k(-3.6%)
MAIN DESTINATION (December 2021)Peru$48.2k

This section shows Hydrogen'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 Hydrogen over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1M
IMPORTS (2022)$2.01M
NET TRADE (2022)-$1.01M

In 2022, Ecuador exported $1M in Hydrogen. The main destinations of Ecuador exports on Hydrogen were Peru ($877k), United States ($118k), Colombia ($4.08k), Panama ($1.7k), and Chile ($93).

In 2022, Ecuador imported $2.01M in Hydrogen, mainly from United States ($808k), China ($471k), Colombia ($289k), Peru ($104k), and Chile ($74k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$117k (36.6k%)
Panama$1.7k (170k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Ecuador WERE (2021 - 2022):
Peru-$1.14M (-56.6%)
Colombia-$224k (-98.2%)
Germany-$207k (-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 Hydrogen were:
China $3.34B
Germany $2.43B
United States $2.35B
In 2022, Ecuador's main importing competitors in Hydrogen were:
China $3.46B
Japan $1.98B
Germany $1.73B

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Trade Value of Hydrogen by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $258k
TOP IMPORT POTENTIALUnited States+ $340k

Hydrogen’s highest export potential is United States. With an export gap of $258k.   Hydrogen’s highest import potential is United States with an import gap of $340k.

See methodology.

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