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Pricing

2018
Exports $313kWorld Rnk 100 / 219
Flag Rnk 386 / 1002
2018
Destination $26.1k United States
2022 - 2023
FASTEST GROWING MARKET $26.1kColombia
2023
PRODUCT COMPLEXITY IN Metal Mountings0.94Rnk 196 / 1025
2018
Imports $42.8MWorld Rnk 79 / 223
Flag Rnk 113 / 1173
2018
Origin $1.81M China
2022 - 2023
FASTEST GROWING ORIGIN $1.81MThailand
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2018, Ecuador exported $313k in Metal Mountings, making it the 100th largest exporter of Metal Mountings in the world. At the same year, Metal Mountings was the 386th most exported product in Ecuador. The main destination of Metal Mountings exports from Ecuador are: United States ($125k), Chile ($58.7k), Colombia ($38k), Guatemala ($23.4k), and Canada ($20.3k).

The fastest growing export markets for Metal Mountings of Ecuador between 2022 and 2023 were Colombia ($26.1k), Peru ($10.7k), and Germany ($5.79k).

Imports In 2023, Ecuador imported $42.8M in Metal Mountings, becoming the 79th largest importer of Metal Mountings in the world. At the same year, Metal Mountings was the 113th most imported product in Ecuador. Ecuador imports Metal Mountings primarily from: China ($27.5M), Colombia ($2.29M), Thailand ($1.9M), Spain ($1.87M), and Italy ($1.7M).

The fastest growing import markets in Metal Mountings for Ecuador between 2022 and 2023 were Thailand ($1.81M), Japan ($169k), and Austria ($138k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Metal Mountings exports accounted up to $2.24k and imports accounted up to $4.39M, resulting in a negative trade balance of $4.39M. Between December 2020 and December 2021 the exports of Ecuador's   Metal Mountings have increased by $47.3 (2.16%) from $2.19k to $2.24k, while imports increased by $1.38M (45.7%) from $3.01M to $4.39M.

Destinations In December 2021, Metal Mountings were exported mostly to Colombia ($1.35k), United States ($638), Belgium ($178), Costa Rica ($66.4), and Uruguay ($4.72), and were imported mostly from China ($3.35M), Colombia ($325k), Chile ($183k), United States ($95.3k), and Spain ($80.2k).

Growth In December 2021, the increase in Metal Mountings's year-by-year exports was explained primarily by an increase in exports to Peru ($38.6 or 136%). In December 2021, the increase in Metal Mountings's year-by-year imports was explained primarily by an increase in imports from China ($282k or 13.3%), Italy ($73k or 99%), and Spain ($69.3k or 109%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$47.3(2.16%)
IMPORT GROWTH (December 2020 - December 2021)$1.38M(45.7%)
MAIN DESTINATION (December 2021)Colombia$1.35k

This section shows Metal Mountings'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 Metal Mountings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$313k
IMPORTS (2023)$42.8M
NET TRADE (2023)-$42.5M

In 2023, Ecuador exported $313k in Metal Mountings. The main destinations of Ecuador exports on Metal Mountings were United States ($125k), Chile ($58.7k), Colombia ($38k), Guatemala ($23.4k), and Canada ($20.3k).

In 2023, Ecuador imported $42.8M in Metal Mountings, mainly from China ($27.5M), Colombia ($2.29M), Thailand ($1.9M), Spain ($1.87M), and Italy ($1.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metal Mountings EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Colombia$26.1k (219%)
Peru$10.7k (990%)
Germany$5.79k (2.26k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Mountings BY Ecuador WERE (2022 - 2023):
United States-$638k (-83.7%)
Brazil-$33.7k (-100%)
Canada-$25.2k (-55.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Metal Mountings were:
China $13.5B
Germany $5.05B
United States $2.58B
In 2023, Ecuador's main importing competitors in Metal Mountings were:
United States $8.42B
Germany $2.94B
Mexico $1.8B

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Trade Value of Metal Mountings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $992k
TOP IMPORT POTENTIALChina+ $5.89M

Metal Mountings’s highest export potential is United States. With an export gap of $992k.   Metal Mountings’s highest import potential is China with an import gap of $5.89M.

See methodology.

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