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2022
Exports $9.65MWorld Rnk 106 / 226
Flag Rnk 55 / 95
2022
Destination $556k United States
2021 - 2022
FASTEST GROWING MARKET $556kSpain
2022
PRODUCT COMPLEXITY IN Non-knitted clothing accesories-0.62Rnk 737 / 1025
2022
Imports $177MWorld Rnk 83 / 226
Flag Rnk 28 / 96
2022
Origin $16.2M China
2021 - 2022
FASTEST GROWING ORIGIN $16.2MChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $9.65M in Non-knitted clothing accesories, making it the 106th largest exporter of Non-knitted clothing accesories in the world. At the same year, Non-knitted clothing accesories was the 55th most exported product in Ecuador. The main destination of Non-knitted clothing accesories exports from Ecuador are: United States ($3.32M), Chile ($1.4M), Peru ($937k), Spain ($777k), and Bolivia ($495k).

The fastest growing export markets for Non-knitted clothing accesories of Ecuador between 2021 and 2022 were Spain ($556k), Bolivia ($270k), and Peru ($236k).

Imports In 2022, Ecuador imported $177M in Non-knitted clothing accesories, becoming the 83rd largest importer of Non-knitted clothing accesories in the world. At the same year, Non-knitted clothing accesories was the 28th most imported product in Ecuador. Ecuador imports Non-knitted clothing accesories primarily from: China ($55.4M), Colombia ($40.5M), Spain ($14.9M), Bangladesh ($13.4M), and United States ($6.43M).

The fastest growing import markets in Non-knitted clothing accesories for Ecuador between 2021 and 2022 were China ($16.2M), Colombia ($5.95M), and Bangladesh ($4.78M).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Non-knitted clothing accesories exports accounted up to $813k and imports accounted up to $15.7M, resulting in a negative trade balance of $14.9M. Between December 2020 and December 2021 the exports of Ecuador's   Non-knitted clothing accesories have increased by $342k (72.5%) from $471k to $813k, while imports increased by $1.93M (14%) from $13.8M to $15.7M.

Destinations In December 2021, Non-knitted clothing accesories were exported mostly to United States ($380k), Chile ($103k), Paraguay ($75.9k), Guatemala ($71.8k), and Spain ($63.7k), and were imported mostly from China ($5.39M), Colombia ($3.97M), Bangladesh ($1.12M), Turkey ($862k), and Vietnam ($824k).

Growth In December 2021, the increase in Non-knitted clothing accesories's year-by-year exports was explained primarily by an increase in exports to Guatemala ($43.7k or 157%), Peru ($4.31k or 9.84%), and Netherlands ($735 or 10.6%). In December 2021, the increase in Non-knitted clothing accesories's year-by-year imports was explained primarily by an increase in imports from China ($2.84M or 87.2%), Honduras ($38.6k or 231k%), and Chinese Taipei ($19.6k or 243%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$342k(72.5%)
IMPORT GROWTH (December 2020 - December 2021)$1.93M(14%)
MAIN DESTINATION (December 2021)United States$380k

This section shows Non-knitted clothing accesories'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 Non-knitted clothing accesories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.65M
IMPORTS (2022)$177M
NET TRADE (2022)-$167M

In 2022, Ecuador exported $9.65M in Non-knitted clothing accesories. The main destinations of Ecuador exports on Non-knitted clothing accesories were United States ($3.32M), Chile ($1.4M), Peru ($937k), Spain ($777k), and Bolivia ($495k).

In 2022, Ecuador imported $177M in Non-knitted clothing accesories, mainly from China ($55.4M), Colombia ($40.5M), Spain ($14.9M), Bangladesh ($13.4M), and United States ($6.43M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-knitted clothing accesories EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Spain$556k (251%)
Bolivia$270k (120%)
Peru$236k (33.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-knitted clothing accesories BY Ecuador WERE (2021 - 2022):
Panama-$157k (-58.6%)
Guatemala-$120k (-27.8%)
United States-$61.8k (-1.83%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Non-knitted clothing accesories were:
China $75.3B
Bangladesh $24.3B
Vietnam $17.5B
In 2022, Ecuador's main importing competitors in Non-knitted clothing accesories were:
United States $46.5B
Germany $24.4B
France $12.6B

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Trade Value of Non-knitted clothing accesories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.83M
TOP IMPORT POTENTIALChina+ $15.2M

Non-knitted clothing accesories’s highest export potential is United States. With an export gap of $2.83M.   Non-knitted clothing accesories’s highest import potential is China with an import gap of $15.2M.

See methodology.

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