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2023
Exports $14kWorld Rnk 86 / 165
Flag Rnk 750 / 1002
2023
Destination $9.26k United States
2022 - 2023
FASTEST GROWING MARKET $9.26kUnited States
2023
PRODUCT COMPLEXITY IN Other Cutlery0.0029Rnk 557 / 1025
2023
Imports $3.51MWorld Rnk 59 / 218
Flag Rnk 538 / 1173
2023
Origin $131k China
2022 - 2023
FASTEST GROWING ORIGIN $131kChina
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $14k in Other Cutlery, making it the 86th largest exporter of Other Cutlery in the world. At the same year, Other Cutlery was the 750th most exported product in Ecuador. The main destination of Other Cutlery exports from Ecuador are: United States ($9.26k), Colombia ($3.32k), Peru ($893), Dominican Republic ($132), and Spain ($124).

The fastest growing export markets for Other Cutlery of Ecuador between 2022 and 2023 were United States ($9.26k), Dominican Republic ($132), and Spain ($124).

Imports In 2023, Ecuador imported $3.51M in Other Cutlery, becoming the 59th largest importer of Other Cutlery in the world. At the same year, Other Cutlery was the 538th most imported product in Ecuador. Ecuador imports Other Cutlery primarily from: China ($2.63M), United States ($172k), Brazil ($157k), Vietnam ($106k), and South Korea ($69.8k).

The fastest growing import markets in Other Cutlery for Ecuador between 2022 and 2023 were China ($131k), Vietnam ($58.9k), and Japan ($26.4k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Other Cutlery exports accounted up to $44.9 and imports accounted up to $137k, resulting in a negative trade balance of $137k. Between November 2020 and December 2021 the exports of Ecuador's   Other Cutlery have decreased by $-538 (-92.3%) from $583 to $44.9, while imports decreased by $-19.2k (-12.2%) from $157k to $137k.

Destinations In December 2021, Other Cutlery were exported mostly to Panama ($38.4) and Cuba ($6.5), and were imported mostly from China ($108k), Brazil ($14.5k), United States ($6.69k), Pakistan ($3.85k), and Panama ($1.25k).

Growth In December 2021, the decrease in Other Cutlery's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the decrease in Other Cutlery's year-by-year imports was explained primarily by a decrease in imports from China ($-54k or -28.2%), Brazil ($-13.4k or -44.8%), and Pakistan ($-11k or -82.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2020 - December 2021)$-538(-92.3%)
IMPORT GROWTH (December 2020 - December 2021)$-19.2k(-12.2%)
MAIN DESTINATION (December 2021)Panama$38.4

This section shows Other Cutlery'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 Other Cutlery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$14k
IMPORTS (2023)$3.51M
NET TRADE (2023)-$3.5M

In 2023, Ecuador exported $14k in Other Cutlery. The main destinations of Ecuador exports on Other Cutlery were United States ($9.26k), Colombia ($3.32k), Peru ($893), Dominican Republic ($132), and Spain ($124).

In 2023, Ecuador imported $3.51M in Other Cutlery, mainly from China ($2.63M), United States ($172k), Brazil ($157k), Vietnam ($106k), and South Korea ($69.8k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Cutlery EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
United States$9.26k (1%)
Dominican Republic$132 (1%)
Spain$124 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cutlery BY Ecuador WERE (2022 - 2023):
Peru-$13.7k (-93.9%)
Colombia-$2.19k (-39.7%)
Panama-$177 (-70.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Other Cutlery were:
China $756M
Germany $70.7M
Pakistan $29.2M
In 2023, Ecuador's main importing competitors in Other Cutlery were:
United States $206M
Germany $56.6M
Vietnam $42.2M

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Trade Value of Other Cutlery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $412
TOP IMPORT POTENTIALGermany+ $47.7k

Other Cutlery’s highest export potential is United States. With an export gap of $412.   Other Cutlery’s highest import potential is Germany with an import gap of $47.7k.

See methodology.

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