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2022
Exports $22kWorld Rnk 147 / 213
Flag Rnk 714 / 1017
2022
Destination $3.67k United States
2021 - 2022
FASTEST GROWING MARKET $3.67kPeru
2022
PRODUCT COMPLEXITY IN Other Footwear-0.74Rnk 766 / 1025
2022
Imports $3.09MWorld Rnk 110 / 220
Flag Rnk 579 / 1175
2022
Origin $79.7k China
2021 - 2022
FASTEST GROWING ORIGIN $79.7kBrazil
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $22k in Other Footwear, making it the 147th largest exporter of Other Footwear in the world. At the same year, Other Footwear was the 714th most exported product in Ecuador. The main destination of Other Footwear exports from Ecuador are: United States ($4.51k), Peru ($3.67k), Panama ($3.56k), Maldives ($2.16k), and France ($2.05k).

The fastest growing export markets for Other Footwear of Ecuador between 2021 and 2022 were Peru ($3.67k), Maldives ($2.16k), and Cayman Islands ($1.69k).

Imports In 2022, Ecuador imported $3.09M in Other Footwear, becoming the 110th largest importer of Other Footwear in the world. At the same year, Other Footwear was the 579th most imported product in Ecuador. Ecuador imports Other Footwear primarily from: China ($2.04M), Vietnam ($475k), Brazil ($199k), Indonesia ($87.1k), and United States ($74.1k).

The fastest growing import markets in Other Footwear for Ecuador between 2021 and 2022 were Brazil ($79.7k), United States ($62.3k), and Indonesia ($52.2k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Other Footwear exports accounted up to $1.45k and imports accounted up to $633k, resulting in a negative trade balance of $631k. Between December 2020 and December 2021 the exports of Ecuador's   Other Footwear have decreased by $-8.4k (-85.3%) from $9.86k to $1.45k, while imports increased by $188k (42.4%) from $444k to $633k.

Destinations In December 2021, Other Footwear were exported mostly to Panama ($1.44k) and Canada ($10), and were imported mostly from China ($483k), Vietnam ($63.6k), Brazil ($38.5k), Peru ($18.7k), and Indonesia ($17.1k).

Growth In December 2021, the decrease in Other Footwear's year-by-year exports was explained primarily by a decrease in exports to United States ($-1.2k or -12%). In December 2021, the increase in Other Footwear's year-by-year imports was explained primarily by an increase in imports from China ($73.8k or 343%) and Vietnam ($18.1k or 9.11k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-8.4k(-85.3%)
IMPORT GROWTH (December 2020 - December 2021)$188k(42.4%)
MAIN DESTINATION (December 2021)Panama$1.44k

This section shows Other Footwear'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 Footwear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$22k
IMPORTS (2022)$3.09M
NET TRADE (2022)-$3.07M

In 2022, Ecuador exported $22k in Other Footwear. The main destinations of Ecuador exports on Other Footwear were United States ($4.51k), Peru ($3.67k), Panama ($3.56k), Maldives ($2.16k), and France ($2.05k).

In 2022, Ecuador imported $3.09M in Other Footwear, mainly from China ($2.04M), Vietnam ($475k), Brazil ($199k), Indonesia ($87.1k), and United States ($74.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Footwear EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Peru$3.67k (1%)
Maldives$2.16k (1%)
Cayman Islands$1.69k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Footwear BY Ecuador WERE (2021 - 2022):
United States-$68.7k (-93.8%)
Hong Kong-$17.6k (-100%)
Colombia-$6.84k (-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 Footwear were:
China $1.58B
Italy $318M
Vietnam $219M
In 2022, Ecuador's main importing competitors in Other Footwear were:
United States $673M
United Kingdom $235M
Germany $227M

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Trade Value of Other Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $13.4k
TOP IMPORT POTENTIALChina+ $130k

Other Footwear’s highest export potential is United States. With an export gap of $13.4k.   Other Footwear’s highest import potential is China with an import gap of $130k.

See methodology.

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