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Pricing

2022
Exports $5.75MWorld Rnk 55 / 178
Flag Rnk 123 / 1017
2022
Destination $3.18M Peru
2021 - 2022
FASTEST GROWING MARKET $3.18MPeru
2022
PRODUCT COMPLEXITY IN Large Iron Containers0.13Rnk 509 / 1025
2022
Imports $4.26MWorld Rnk 104 / 220
Flag Rnk 523 / 1175
2022
Origin $785k United States
2021 - 2022
FASTEST GROWING ORIGIN $785kUnited States
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $5.75M in Large Iron Containers, making it the 55th largest exporter of Large Iron Containers in the world. At the same year, Large Iron Containers was the 123rd most exported product in Ecuador. The main destination of Large Iron Containers exports from Ecuador are: Peru ($4.15M), South Korea ($1.04M), Thailand ($115k), Singapore ($106k), and Guyana ($104k).

The fastest growing export markets for Large Iron Containers of Ecuador between 2021 and 2022 were Peru ($3.18M), South Korea ($293k), and Guyana ($104k).

Imports In 2022, Ecuador imported $4.26M in Large Iron Containers, becoming the 104th largest importer of Large Iron Containers in the world. At the same year, Large Iron Containers was the 523rd most imported product in Ecuador. Ecuador imports Large Iron Containers primarily from: United States ($1.17M), Spain ($960k), China ($427k), Colombia ($405k), and United Kingdom ($349k).

The fastest growing import markets in Large Iron Containers for Ecuador between 2021 and 2022 were United States ($785k), Spain ($705k), and United Kingdom ($349k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Large Iron Containers exports accounted up to $229k and imports accounted up to $146k, resulting in a positive trade balance of $82.3k. Between November 2020 and December 2021 the exports of Ecuador's   Large Iron Containers have decreased by $-13.4k (-5.52%) from $242k to $229k, while imports increased by $134k (1.05k%) from $12.7k to $146k.

Destinations In December 2021, Large Iron Containers were exported mostly to South Korea ($229k), and were imported mostly from China ($59.4k), Spain ($32k), Germany ($31.2k), United States ($17.4k), and Turkey ($5.66k).

Growth In December 2021, the decrease in Large Iron Containers's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Large Iron Containers's year-by-year imports was explained primarily by an increase in imports from China ($31.2k or 4.55k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2020 - December 2021)$-13.4k(-5.52%)
IMPORT GROWTH (December 2020 - December 2021)$134k(1.05k%)
MAIN DESTINATION (December 2021)South Korea$229k

This section shows Large Iron Containers'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 Large Iron Containers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.75M
IMPORTS (2022)$4.26M
NET TRADE (2022)$1.49M

In 2022, Ecuador exported $5.75M in Large Iron Containers. The main destinations of Ecuador exports on Large Iron Containers were Peru ($4.15M), South Korea ($1.04M), Thailand ($115k), Singapore ($106k), and Guyana ($104k).

In 2022, Ecuador imported $4.26M in Large Iron Containers, mainly from United States ($1.17M), Spain ($960k), China ($427k), Colombia ($405k), and United Kingdom ($349k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Iron Containers EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Peru$3.18M (327%)
South Korea$293k (39.5%)
Guyana$104k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Iron Containers BY Ecuador WERE (2021 - 2022):
Costa Rica-$464k (-90.4%)
Nicaragua-$177k (-100%)
Egypt-$26.5k (-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 Large Iron Containers were:
China $756M
Germany $353M
Italy $353M
In 2022, Ecuador's main importing competitors in Large Iron Containers were:
United States $526M
Germany $342M
France $215M

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Trade Value of Large Iron Containers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.83k
TOP IMPORT POTENTIALChina+ $446k

Large Iron Containers’s highest export potential is United States. With an export gap of $1.83k.   Large Iron Containers’s highest import potential is China with an import gap of $446k.

See methodology.

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