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2022
Exports $1.63MWorld Rnk 75 / 158
Flag Rnk 218 / 1017
2022
Destination $525k Brazil
2021 - 2022
FASTEST GROWING MARKET $525kBrazil
2022
PRODUCT COMPLEXITY IN Non-Retail Synthetic Filament Yarn0.016Rnk 540 / 1025
2022
Imports $35.3MWorld Rnk 68 / 210
Flag Rnk 156 / 1175
2022
Origin $9.94M China
2021 - 2022
FASTEST GROWING ORIGIN $9.94MChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $1.63M in Non-Retail Synthetic Filament Yarn, making it the 75th largest exporter of Non-Retail Synthetic Filament Yarn in the world. At the same year, Non-Retail Synthetic Filament Yarn was the 218th most exported product in Ecuador. The main destination of Non-Retail Synthetic Filament Yarn exports from Ecuador are: Brazil ($721k), Colombia ($561k), Peru ($197k), Bolivia ($38.3k), and Nigeria ($29.8k).

The fastest growing export markets for Non-Retail Synthetic Filament Yarn of Ecuador between 2021 and 2022 were Brazil ($525k), Nigeria ($29.8k), and Mozambique ($25.3k).

Imports In 2022, Ecuador imported $35.3M in Non-Retail Synthetic Filament Yarn, becoming the 68th largest importer of Non-Retail Synthetic Filament Yarn in the world. At the same year, Non-Retail Synthetic Filament Yarn was the 156th most imported product in Ecuador. Ecuador imports Non-Retail Synthetic Filament Yarn primarily from: China ($26.5M), Brazil ($2.01M), South Korea ($1.27M), India ($900k), and Indonesia ($844k).

The fastest growing import markets in Non-Retail Synthetic Filament Yarn for Ecuador between 2021 and 2022 were China ($9.94M), Netherlands ($520k), and Colombia ($189k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Non-Retail Synthetic Filament Yarn exports accounted up to $138k and imports accounted up to $2.82M, resulting in a negative trade balance of $2.68M. Between November 2020 and December 2021 the exports of Ecuador's   Non-Retail Synthetic Filament Yarn have decreased by $-213k (-60.7%) from $351k to $138k, while imports increased by $1.35M (91.7%) from $1.47M to $2.82M.

Destinations In December 2021, Non-Retail Synthetic Filament Yarn were exported mostly to Colombia ($74.2k), Mexico ($41.1k), Peru ($22.4k), and Costa Rica ($277), and were imported mostly from China ($1.89M), South Korea ($247k), Brazil ($235k), Netherlands ($131k), and India ($116k).

Growth In December 2021, the decrease in Non-Retail Synthetic Filament Yarn's year-by-year exports was explained primarily by a decrease in exports to Colombia ($-16.2k or -46.1%). In December 2021, the increase in Non-Retail Synthetic Filament Yarn's year-by-year imports was explained primarily by an increase in imports from Colombia ($16.5k or 269%), Chinese Taipei ($6.76k or 1.24k%), and Brazil ($4.05k or 2.61%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2020 - December 2021)$-213k(-60.7%)
IMPORT GROWTH (December 2020 - December 2021)$1.35M(91.7%)
MAIN DESTINATION (December 2021)Colombia$74.2k

This section shows Non-Retail Synthetic Filament Yarn'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-Retail Synthetic Filament Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.63M
IMPORTS (2022)$35.3M
NET TRADE (2022)-$33.6M

In 2022, Ecuador exported $1.63M in Non-Retail Synthetic Filament Yarn. The main destinations of Ecuador exports on Non-Retail Synthetic Filament Yarn were Brazil ($721k), Colombia ($561k), Peru ($197k), Bolivia ($38.3k), and Nigeria ($29.8k).

In 2022, Ecuador imported $35.3M in Non-Retail Synthetic Filament Yarn, mainly from China ($26.5M), Brazil ($2.01M), South Korea ($1.27M), India ($900k), and Indonesia ($844k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Synthetic Filament Yarn EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Brazil$525k (268%)
Nigeria$29.8k (1%)
Mozambique$25.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Synthetic Filament Yarn BY Ecuador WERE (2021 - 2022):
Peru-$145k (-42.4%)
Colombia-$88.6k (-13.6%)
Mexico-$41.1k (-100%)
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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-Retail Synthetic Filament Yarn were:
China $8.27B
India $1.18B
Vietnam $1.08B
In 2022, Ecuador's main importing competitors in Non-Retail Synthetic Filament Yarn were:
Turkey $1.69B
United States $1.31B
Vietnam $1.22B

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Trade Value of Non-Retail Synthetic Filament Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $320k
TOP IMPORT POTENTIALChina+ $1.65M

Non-Retail Synthetic Filament Yarn’s highest export potential is Colombia. With an export gap of $320k.   Non-Retail Synthetic Filament Yarn’s highest import potential is China with an import gap of $1.65M.

See methodology.

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