Looms in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $536k in Looms, making it the 43rd largest exporter of Looms in the world. At the same year, Looms was the 343rd most exported product in Ecuador. The main destination of Looms exports from Ecuador are: India ($266k), United States ($204k), Turkey ($41.4k), China ($24k), and Panama ($32).

The fastest growing export markets for Looms of Ecuador between 2021 and 2022 were India ($266k), United States ($204k), and Turkey ($41.4k).

Imports In 2022, Ecuador imported $2.07M in Looms, becoming the 63rd largest importer of Looms in the world. At the same year, Looms was the 659th most imported product in Ecuador. Ecuador imports Looms primarily from: Switzerland ($791k), China ($563k), Austria ($348k), France ($111k), and United States ($106k).

The fastest growing import markets in Looms for Ecuador between 2021 and 2022 were Switzerland ($791k), China ($188k), and United States ($106k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Looms exports accounted up to $51.7k and imports accounted up to $24.9k, resulting in a positive trade balance of $26.8k. Between May 2017 and December 2021 the exports of Ecuador's Looms have increased by $6.4k (14.1%) from $45.3k to $51.7k, while imports increased by $20.1k (413%) from $4.86k to $24.9k.

Destinations In December 2021, Looms were exported mostly to Colombia ($51.7k), and were imported mostly from France ($14.8k) and China ($10.1k).

Growth In December 2021, the increase in Looms's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Looms's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (May 2017 - December 2021)$6.4k(14.1%)

IMPORT GROWTH (September 2020 - December 2021)$20.1k(413%)

MAIN DESTINATION (December 2021)Colombia$51.7k

This section shows Looms'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 Looms over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$536k

IMPORTS (2022)$2.07M

NET TRADE (2022)-$1.54M

In 2022, Ecuador exported $536k in Looms. The main destinations of Ecuador exports on Looms were India ($266k), United States ($204k), Turkey ($41.4k), China ($24k), and Panama ($32).

In 2022, Ecuador imported $2.07M in Looms, mainly from Switzerland ($791k), China ($563k), Austria ($348k), France ($111k), and United States ($106k).

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