Iron Springs in Ecuador

EXPORTS (2018): $237k, World Rnk 74 / 154
Flag Rnk 388 / 857

TOP DESTINATION (2018): $114k, Peru

FASTEST GROWING MARKET (2017 - 2018): $114k, Peru

IMPORTS (2018): $5.99M, World Rnk 72 / 207
Flag Rnk 419 / 1149

TOP ORIGIN (2018): $1.82M, Colombia

FASTEST GROWING ORIGIN (2017 - 2018): $406k, Thailand

ECONOMIC COMPLEXITY of Ecuador (2018): -0.7, Rnk 102 / 137

PRODUCT COMPLEXITY  IN Iron Springs (2018): 1.1, Rnk 141 / 1018

Overview: This page contains the latest trade data of Iron Springs in Ecuador.

Exports: In 2018, Ecuador exported $237k in Iron Springs, making it the 74th largest exporter of Iron Springs in the world. At the same year, Iron Springs was the 388th most exported product in Ecuador. The main destination of Iron Springs exports from Ecuador are: Peru ($114k), Colombia ($72.4k), United States ($22.9k), China ($10.9k), and Germany ($7.17k).

The fastest growing export markets for Iron Springs of Ecuador between 2017 and 2018 were Peru ($114k), Colombia ($30.9k), and United States ($15.7k).

Imports: In 2018, Ecuador imported $5.99M in Iron Springs, becoming the 72nd largest importer of Iron Springs in the world. At the same year, Iron Springs was the 419th most imported product in Ecuador. Ecuador imports Iron Springs primarily from: Colombia ($1.82M), China ($798k), Germany ($657k), United States ($553k), and Thailand ($489k).

The fastest growing import markets in Iron Springs for Ecuador between 2017 and 2018 were Thailand ($406k), Germany ($338k), and China ($246k).

Tariffs: In 2018, the average tariff for Ecuador in Iron Springs was 18.8%. The countries with the highest import tariffs for Iron Springs were Angola (20%), Burundi (20%), Benin (20%), Burkina Faso (20%), and Botswana (20%).

Value

EXPORTS (2018): $237k

IMPORTS (2018): $5.99M

NET TRADE (2018): -$5.75M

In 2018, Ecuador exported $237k in Iron Springs. The main destinations of Ecuador exports on Iron Springs were Peru ($114k), Colombia ($72.4k), United States ($22.9k), China ($10.9k), and Germany ($7.17k).

In 2018, Ecuador imported $5.99M in Iron Springs, mainly from Colombia ($1.82M), China ($798k), Germany ($657k), United States ($553k), and Thailand ($489k).

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IN 2018, Ecuador HAD A NEGATIVE NET TRADE IN Iron Springs WITH:

  • Colombia, -$1.75M ($72.4k - $1.82M)
  • China, -$787k ($10.9k - $798k)
  • Germany, -$649k ($7.17k - $657k)
Flow

THE FASTEST GROWING Iron Springs EXPORT MARKETS FOR Ecuador WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Springs BY Ecuador WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Ecuador's main exporting competitors in Iron Springs were:

In 2018, Ecuador's main importing competitors in Iron Springs were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Iron Springs in Ecuador. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Ecuador in Iron Springs was 18.8%.

The countries with the highest tariffs for Iron Springs in Ecuador were Angola (20%), Burundi (20%), Benin (20%), Burkina Faso (20%), and Botswana (20%).

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