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2022
Exports $20.5kWorld Rnk 79 / 172
Flag Rnk 724 / 1017
2022
Destination $9.31k Peru
2021 - 2022
FASTEST GROWING MARKET $9.31kPeru
2022
PRODUCT COMPLEXITY IN Other Cutlery-0.49Rnk 697 / 1025
2022
Imports $3.87MWorld Rnk 59 / 219
Flag Rnk 540 / 1175
2022
Origin $398k China
2021 - 2022
FASTEST GROWING ORIGIN $398kChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $20.5k in Other Cutlery, making it the 79th largest exporter of Other Cutlery in the world. At the same year, Other Cutlery was the 724th most exported product in Ecuador. The main destination of Other Cutlery exports from Ecuador are: Peru ($14.6k), Colombia ($5.51k), Panama ($251), Guatemala ($141), and Cuba ($32).

The fastest growing export markets for Other Cutlery of Ecuador between 2021 and 2022 were Peru ($9.31k), Guatemala ($63), and El Salvador ($7).

Imports In 2022, Ecuador imported $3.87M in Other Cutlery, becoming the 59th largest importer of Other Cutlery in the world. At the same year, Other Cutlery was the 540th most imported product in Ecuador. Ecuador imports Other Cutlery primarily from: China ($2.74M), Brazil ($281k), United States ($257k), South Korea ($110k), and Pakistan ($72.7k).

The fastest growing import markets in Other Cutlery for Ecuador between 2021 and 2022 were China ($398k), United States ($101k), and Chinese Taipei ($38.7k).

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 (2022)$20.5k
IMPORTS (2022)$3.87M
NET TRADE (2022)-$3.85M

In 2022, Ecuador exported $20.5k in Other Cutlery. The main destinations of Ecuador exports on Other Cutlery were Peru ($14.6k), Colombia ($5.51k), Panama ($251), Guatemala ($141), and Cuba ($32).

In 2022, Ecuador imported $3.87M in Other Cutlery, mainly from China ($2.74M), Brazil ($281k), United States ($257k), South Korea ($110k), and Pakistan ($72.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Cutlery EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Peru$9.31k (176%)
Guatemala$63 (80.8%)
El Salvador$7 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cutlery BY Ecuador WERE (2021 - 2022):
Colombia-$6.15k (-52.8%)
Cuba-$125 (-79.6%)
Angola-$92 (-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 Other Cutlery were:
China $940M
Germany $76.4M
United States $30.7M
In 2022, Ecuador's main importing competitors in Other Cutlery were:
United States $230M
Germany $70.6M
Malaysia $53.9M

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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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