Netting in Ecuador 2021 Exports | Imports : $1.12M | $15.9M, World Rnk 64 / 170 Rnk 245 / 984 | World Rnk 35 / 214 Rnk 254 / 1165
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $638k | $988k, Fiji | Chinese Taipei
2021 ECONOMIC COMPLEXITY of Ecuador: -0.89, Rnk 104 / 131
2021 PRODUCT COMPLEXITY IN Netting: -0.74, Rnk 759 / 1029
Exports In 2021, Ecuador exported $1.12M in Netting, making it the 64th largest exporter of Netting in the world. At the same year, Netting was the 245th most exported product in Ecuador. The main destination of Netting exports from Ecuador are: Fiji ($638k), El Salvador ($337k), United States ($72.4k), Nicaragua ($23k), and Honduras ($22.3k).
The fastest growing export markets for Netting of Ecuador between 2020 and 2021 were Fiji ($638k), United States ($69.2k), and El Salvador ($58.3k).
Imports In 2021, Ecuador imported $15.9M in Netting, becoming the 35th largest importer of Netting in the world. At the same year, Netting was the 254th most imported product in Ecuador. Ecuador imports Netting primarily from: Chinese Taipei ($4.96M), Vietnam ($4.23M), China ($2.03M), Peru ($1.56M), and Panama ($921k).
The fastest growing import markets in Netting for Ecuador between 2020 and 2021 were Chinese Taipei ($988k), Panama ($909k), and Vietnam ($880k).
Tariffs In 2018, the average tariff for Ecuador in Netting was 2.6%. The countries with the highest import tariffs for Netting were Uruguay (AAP.CE N° 59 - Complementación Económica entre Argentina, Brasil, Paraguay, Uruguay, Colombia, Ecuador y Venezuela, 7.5%), Angola (Most Favoured Nation duty rate treatment, 3%), Burundi (Most Favoured Nation duty rate treatment, 3%), Benin (Most Favoured Nation duty rate treatment, 3%), and Burkina Faso (Most Favoured Nation duty rate treatment, 3%).
December 2021
Overview In December 2021 Ecuador's Netting exports accounted up to $267k and imports accounted up to $963k, resulting in a negative trade balance of $696k. Between October 2020 and December 2021 the exports of Ecuador's Netting have increased by $190k (247%) from $77k to $267k, while imports increased by $317k (49.1%) from $646k to $963k.
Destinations In December 2021, Netting were exported mostly to World ($244k) and Nicaragua ($23k), and were imported mostly from China ($361k), Peru ($299k), Vietnam ($214k), Taiwan ($87.7k), and Italy ($109).
Growth In December 2021, the increase in Netting's year-by-year exports was explained primarily by an increase in exports to World ($109k or 152%). In December 2021, the increase in Netting's year-by-year imports was explained primarily by an increase in imports from Vietnam ($804k or 237%), Taiwan ($255k or 69.9%), and Peru ($138k or 726%).
EXPORT GROWTH (October 2020 - December 2021): $190k, (247%)
IMPORT GROWTH (December 2020 - December 2021): $317k, (49.1%)
MAIN DESTINATION (December 2021): World, $244k
This section shows Netting'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 Netting over time.
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EXPORTS (2021): $1.12M
IMPORTS (2021): $15.9M
NET TRADE (2021): -$14.7M
In 2021, Ecuador exported $1.12M in Netting. The main destinations of Ecuador exports on Netting were Fiji ($638k), El Salvador ($337k), United States ($72.4k), Nicaragua ($23k), and Honduras ($22.3k).
In 2021, Ecuador imported $15.9M in Netting, mainly from Chinese Taipei ($4.96M), Vietnam ($4.23M), China ($2.03M), Peru ($1.56M), and Panama ($921k).
THE FASTEST GROWING Netting EXPORT MARKETS FOR Ecuador WERE (2020 - 2021):
In 2021, Ecuador's main exporting competitors in Netting were:
In 2021, Ecuador's main importing competitors in Netting were:
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