HS Icon Iron Stovetops in  Flag Ecuador

2019
Exports | Imports
: $63.8M | $15.7M, World Rnk 27 / 186
Flag Rnk 26 / 942 | World Rnk 73 / 222
Flag Rnk 222 / 1165

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $673k | $2.24M, Mexico |  Mexico

2019
ECONOMIC COMPLEXITY of Ecuador
: -0.7, Rnk 109 / 147

2019
PRODUCT COMPLEXITY  IN Iron Stovetops
: 0.42, Rnk 405 / 1029

Exports In 2019, Ecuador exported $63.8M in Iron Stovetops, making it the 27th largest exporter of Iron Stovetops in the world. At the same year, Iron Stovetops was the 26th most exported product in Ecuador. The main destination of Iron Stovetops exports from Ecuador are: Peru ($29.5M), Colombia ($9.12M), Chile ($4.68M), Dominican Republic ($3.1M), and Guatemala ($3.05M).

The fastest growing export markets for Iron Stovetops of Ecuador between 2018 and 2019 were Mexico ($673k), Dominican Republic ($386k), and Venezuela ($184k).

Imports In 2019, Ecuador imported $15.7M in Iron Stovetops, becoming the 73rd largest importer of Iron Stovetops in the world. At the same year, Iron Stovetops was the 222nd most imported product in Ecuador. Ecuador imports Iron Stovetops primarily from: China ($4.88M), Italy ($4.34M), Mexico ($2.31M), Colombia ($1.55M), and Brazil ($840k).

The fastest growing import markets in Iron Stovetops for Ecuador between 2018 and 2019 were Mexico ($2.24M), China ($2.06M), and Colombia ($1.19M).

Tariffs In 2018, the average tariff for Ecuador in Iron Stovetops was 27.7%. The countries with the highest import tariffs for Iron Stovetops were Angola (Most Favoured Nation duty rate treatement, 30%), Burundi (Most Favoured Nation duty rate treatement, 30%), Benin (Most Favoured Nation duty rate treatement, 30%), Burkina Faso (Most Favoured Nation duty rate treatement, 30%), and Botswana (Most Favoured Nation duty rate treatement, 30%).

Historical Data

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EXPORTS (2019): $63.8M

IMPORTS (2019): $15.7M

NET TRADE (2019): $48.1M

In 2019, Ecuador exported $63.8M in Iron Stovetops. The main destinations of Ecuador exports on Iron Stovetops were Peru ($29.5M), Colombia ($9.12M), Chile ($4.68M), Dominican Republic ($3.1M), and Guatemala ($3.05M).

In 2019, Ecuador imported $15.7M in Iron Stovetops, mainly from China ($4.88M), Italy ($4.34M), Mexico ($2.31M), Colombia ($1.55M), and Brazil ($840k).

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IN 2019, Ecuador HAD A POSITIVE NET TRADE IN Iron Stovetops WITH:

IN 2019, Ecuador HAD A NEGATIVE NET TRADE IN Iron Stovetops WITH:

Flow

THE FASTEST GROWING Iron Stovetops EXPORT MARKETS FOR Ecuador WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Stovetops BY Ecuador WERE (2018 - 2019):

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Market Concentration

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In 2019, Ecuador's main exporting competitors in Iron Stovetops were:

In 2019, Ecuador's main importing competitors in Iron Stovetops were:

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Tariffs by Country

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In 2018, the average tariff for Ecuador in Iron Stovetops was 27.7%.

The countries with the highest tariffs for Iron Stovetops in Ecuador were Angola (Most Favoured Nation duty rate treatement, 30%), Burundi (Most Favoured Nation duty rate treatement, 30%), Benin (Most Favoured Nation duty rate treatement, 30%), Burkina Faso (Most Favoured Nation duty rate treatement, 30%), and Botswana (Most Favoured Nation duty rate treatement, 30%).