Knives in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $15.4k in Knives, making it the 100th largest exporter of Knives in the world. At the same year, Knives was the 749th most exported product in Ecuador. The main destination of Knives exports from Ecuador are: Colombia ($8.57k), Guatemala ($3.02k), Czechia ($2.56k), Germany ($664), and Bermuda ($228).

The fastest growing export markets for Knives of Ecuador between 2021 and 2022 were Colombia ($4.95k), Guatemala ($3.02k), and Germany ($664).

Imports In 2022, Ecuador imported $7.39M in Knives, becoming the 59th largest importer of Knives in the world. At the same year, Knives was the 423rd most imported product in Ecuador. Ecuador imports Knives primarily from: Brazil ($4.42M), China ($2.2M), United States ($176k), Switzerland ($146k), and Peru ($91.5k).

The fastest growing import markets in Knives for Ecuador between 2021 and 2022 were Brazil ($1.34M), China ($229k), and Denmark ($29.8k).

Latest Trends

December 2021

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Overview In December 2021 Ecuador's Knives exports accounted up to $4 and imports accounted up to $669k, resulting in a negative trade balance of $669k. Between September 2020 and December 2021 the exports of Ecuador's Knives have decreased by $-6 (-60%) from $10 to $4, while imports increased by $257k (62.6%) from $411k to $669k.

Destinations In December 2021, Knives were exported mostly to Panama ($4), and were imported mostly from Brazil ($362k), China ($231k), Switzerland ($32.3k), United States ($14.6k), and Germany ($9.96k).

Growth In December 2021, the decrease in Knives's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Knives's year-by-year imports was explained primarily by an increase in imports from United States ($5.75k or 43.5%), South Korea ($107 or 192%), and Thailand ($39.5 or 40.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2020 - December 2021)$-6(-60%)

IMPORT GROWTH (December 2020 - December 2021)$257k(62.6%)

MAIN DESTINATION (December 2021)Panama$4

This section shows Knives'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 Knives over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$15.4k

IMPORTS (2022)$7.39M

NET TRADE (2022)-$7.37M

In 2022, Ecuador exported $15.4k in Knives. The main destinations of Ecuador exports on Knives were Colombia ($8.57k), Guatemala ($3.02k), Czechia ($2.56k), Germany ($664), and Bermuda ($228).

In 2022, Ecuador imported $7.39M in Knives, mainly from Brazil ($4.42M), China ($2.2M), United States ($176k), Switzerland ($146k), and Peru ($91.5k).

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