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2022
Exports $269kWorld Rnk 79 / 172
Flag Rnk 431 / 1017
2022
Destination $28.4k Colombia
2021 - 2022
FASTEST GROWING MARKET $28.4kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Narrow Woven Fabric-0.052Rnk 562 / 1025
2022
Imports $5.93MWorld Rnk 84 / 218
Flag Rnk 469 / 1175
2022
Origin $225k China
2021 - 2022
FASTEST GROWING ORIGIN $225kChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $269k in Narrow Woven Fabric, making it the 79th largest exporter of Narrow Woven Fabric in the world. At the same year, Narrow Woven Fabric was the 431st most exported product in Ecuador. The main destination of Narrow Woven Fabric exports from Ecuador are: Colombia ($215k), United Kingdom ($28.6k), Brazil ($21.1k), Panama ($1.75k), and El Salvador ($1.27k).

The fastest growing export markets for Narrow Woven Fabric of Ecuador between 2021 and 2022 were United Kingdom ($28.4k), Brazil ($21.1k), and El Salvador ($1.27k).

Imports In 2022, Ecuador imported $5.93M in Narrow Woven Fabric, becoming the 84th largest importer of Narrow Woven Fabric in the world. At the same year, Narrow Woven Fabric was the 469th most imported product in Ecuador. Ecuador imports Narrow Woven Fabric primarily from: China ($2.72M), Colombia ($919k), Brazil ($772k), Peru ($680k), and Italy ($242k).

The fastest growing import markets in Narrow Woven Fabric for Ecuador between 2021 and 2022 were China ($225k), Italy ($154k), and United States ($90.5k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Narrow Woven Fabric exports accounted up to $39.1k and imports accounted up to $643k, resulting in a negative trade balance of $604k. Between November 2020 and December 2021 the exports of Ecuador's   Narrow Woven Fabric have increased by $20.6k (111%) from $18.5k to $39.1k, while imports increased by $188k (41.2%) from $455k to $643k.

Destinations In December 2021, Narrow Woven Fabric were exported mostly to Colombia ($20.9k), Panama ($18.2k), and Costa Rica ($35), and were imported mostly from China ($311k), Colombia ($144k), Brazil ($127k), Peru ($36.5k), and South Korea ($18.8k).

Growth In December 2021, the increase in Narrow Woven Fabric's year-by-year exports was explained primarily by an increase in exports to Colombia ($7.58k or 50%). In December 2021, the increase in Narrow Woven Fabric's year-by-year imports was explained primarily by an increase in imports from Colombia ($43k or 110%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2020 - December 2021)$20.6k(111%)
IMPORT GROWTH (December 2020 - December 2021)$188k(41.2%)
MAIN DESTINATION (December 2021)Colombia$20.9k

This section shows Narrow Woven Fabric'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 Narrow Woven Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$269k
IMPORTS (2022)$5.93M
NET TRADE (2022)-$5.66M

In 2022, Ecuador exported $269k in Narrow Woven Fabric. The main destinations of Ecuador exports on Narrow Woven Fabric were Colombia ($215k), United Kingdom ($28.6k), Brazil ($21.1k), Panama ($1.75k), and El Salvador ($1.27k).

In 2022, Ecuador imported $5.93M in Narrow Woven Fabric, mainly from China ($2.72M), Colombia ($919k), Brazil ($772k), Peru ($680k), and Italy ($242k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Narrow Woven Fabric EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United Kingdom$28.4k (18.9k%)
Brazil$21.1k (1%)
El Salvador$1.27k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Narrow Woven Fabric BY Ecuador WERE (2021 - 2022):
Colombia-$18.4k (-7.91%)
Panama-$16.4k (-90.4%)
Costa Rica-$282 (-69.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Narrow Woven Fabric were:
China $1.89B
Chinese Taipei $319M
Germany $300M
In 2022, Ecuador's main importing competitors in Narrow Woven Fabric were:
United States $441M
Vietnam $334M
Mexico $279M

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Trade Value of Narrow Woven Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $38.9k
TOP IMPORT POTENTIALChina+ $637k

Narrow Woven Fabric’s highest export potential is Colombia. With an export gap of $38.9k.   Narrow Woven Fabric’s highest import potential is China with an import gap of $637k.

See methodology.

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