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2022
Exports $487kWorld Rnk 102 / 207
Flag Rnk 359 / 1017
2022
Destination $51k France
2021 - 2022
FASTEST GROWING MARKET $51kColombia
2022
PRODUCT COMPLEXITY IN Orthopedic Appliances0.98Rnk 180 / 1025
2022
Imports $54.6MWorld Rnk 66 / 221
Flag Rnk 96 / 1175
2022
Origin $1.72M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.72MUnited States
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $487k in Orthopedic Appliances, making it the 102nd largest exporter of Orthopedic Appliances in the world. At the same year, Orthopedic Appliances was the 359th most exported product in Ecuador. The main destination of Orthopedic Appliances exports from Ecuador are: France ($107k), Colombia ($88.8k), Germany ($52.1k), Norway ($37.3k), and El Salvador ($36.8k).

The fastest growing export markets for Orthopedic Appliances of Ecuador between 2021 and 2022 were Colombia ($51k), El Salvador ($36.7k), and United Kingdom ($21.6k).

Imports In 2022, Ecuador imported $54.6M in Orthopedic Appliances, becoming the 66th largest importer of Orthopedic Appliances in the world. At the same year, Orthopedic Appliances was the 96th most imported product in Ecuador. Ecuador imports Orthopedic Appliances primarily from: United States ($9.8M), Netherlands ($4.8M), China ($4.77M), Germany ($3.94M), and India ($3.82M).

The fastest growing import markets in Orthopedic Appliances for Ecuador between 2021 and 2022 were United States ($1.72M), Australia ($1.02M), and Austria ($956k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Orthopedic Appliances exports accounted up to $9.6 and imports accounted up to $4.18M, resulting in a negative trade balance of $4.18M. Between November 2020 and December 2021 the exports of Ecuador's   Orthopedic Appliances have decreased by $-49.1k (-100%) from $49.1k to $9.6, while imports increased by $588k (16.3%) from $3.6M to $4.18M.

Destinations In December 2021, Orthopedic Appliances were exported mostly to Panama ($9.6), and were imported mostly from United States ($733k), China ($658k), Ireland ($483k), India ($459k), and Germany ($325k).

Growth In December 2021, the decrease in Orthopedic Appliances's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Orthopedic Appliances's year-by-year imports was explained primarily by an increase in imports from Brazil ($58.9k or 154%), Costa Rica ($57.3k or 1.12k%), and Singapore ($31.8k or 29.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2020 - December 2021)$-49.1k(-100%)
IMPORT GROWTH (December 2020 - December 2021)$588k(16.3%)
MAIN DESTINATION (December 2021)Panama$9.6

This section shows Orthopedic Appliances'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 Orthopedic Appliances over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$487k
IMPORTS (2022)$54.6M
NET TRADE (2022)-$54.2M

In 2022, Ecuador exported $487k in Orthopedic Appliances. The main destinations of Ecuador exports on Orthopedic Appliances were France ($107k), Colombia ($88.8k), Germany ($52.1k), Norway ($37.3k), and El Salvador ($36.8k).

In 2022, Ecuador imported $54.6M in Orthopedic Appliances, mainly from United States ($9.8M), Netherlands ($4.8M), China ($4.77M), Germany ($3.94M), and India ($3.82M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Orthopedic Appliances EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Colombia$51k (135%)
El Salvador$36.7k (37.4k%)
United Kingdom$21.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Orthopedic Appliances BY Ecuador WERE (2021 - 2022):
United States-$498k (-93.6%)
Belgium-$94.1k (-74.5%)
Germany-$23.6k (-31.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Orthopedic Appliances were:
United States $12.2B
Netherlands $9.21B
Switzerland $7.42B
In 2022, Ecuador's main importing competitors in Orthopedic Appliances were:
United States $14.1B
Netherlands $7.77B
Germany $5.39B

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Trade Value of Orthopedic Appliances by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $121k
TOP IMPORT POTENTIALUnited States+ $5.13M

Orthopedic Appliances’s highest export potential is United States. With an export gap of $121k.   Orthopedic Appliances’s highest import potential is United States with an import gap of $5.13M.

See methodology.

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