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2022
Destination $1.12M United States
2021 - 2022
FASTEST GROWING MARKET $1.12MUnited States
2022
PRODUCT COMPLEXITY IN Other Furniture0.34Rnk 424 / 1025
2022
ImportsfalseWorld Rnk 99 / 225
Flag Rnk 103 / 1175
2022
Origin $2.48M China
2021 - 2022
FASTEST GROWING ORIGIN $2.48MUnited States
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported N/A in Other Furniture, making it the 79th largest exporter of Other Furniture in the world. At the same year, Other Furniture was the 84th most exported product in Ecuador. The main destination of Other Furniture exports from Ecuador are: United States ($4.87M), Panama ($1.37M), Peru ($812k), United Arab Emirates ($740k), and United Kingdom ($393k).

The fastest growing export markets for Other Furniture of Ecuador between 2021 and 2022 were United States ($1.12M), Qatar ($281k), and Peru ($280k).

Imports In 2022, Ecuador imported $51.4M in Other Furniture, becoming the 99th largest importer of Other Furniture in the world. At the same year, Other Furniture was the 103rd most imported product in Ecuador. Ecuador imports Other Furniture primarily from: China ($21.2M), Brazil ($7.71M), United States ($7.3M), Colombia ($6.37M), and Spain ($3.13M).

The fastest growing import markets in Other Furniture for Ecuador between 2021 and 2022 were United States ($2.48M), Colombia ($1.67M), and Spain ($1.5M).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Other Furniture exports accounted up to $562k and imports accounted up to $4.19M, resulting in a negative trade balance of $3.63M. Between December 2020 and December 2021 the exports of Ecuador's   Other Furniture have increased by $31.1k (5.85%) from $531k to $562k, while imports increased by $885k (26.7%) from $3.31M to $4.19M.

Destinations In December 2021, Other Furniture were exported mostly to N/A, and were imported mostly from China ($1.72M), Brazil ($1.51M), United States ($362k), Colombia ($259k), and Italy ($52.6k).

Growth In December 2021, the increase in Other Furniture's year-by-year exports was explained primarily by an increase in exports to United States ($51.3k or 42.5%), Bolivia ($31.7k or 214%), and Peru ($24.2k or 201%). In December 2021, the increase in Other Furniture's year-by-year imports was explained primarily by an increase in imports from Brazil ($353k or 55.4%), Austria ($161k or 3.65k%), and Netherlands ($57.4k or 25.8k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$31.1k(5.85%)
IMPORT GROWTH (December 2020 - December 2021)$885k(26.7%)

This section shows Other Furniture'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 Furniture over time.

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Historical Data

Trade Balance

Color
IMPORTS (2022)$51.4M

In N/A, Ecuador exported N/A in Other Furniture. The main destinations of Ecuador exports on Other Furniture were United States ($4.87M), Panama ($1.37M), Peru ($812k), United Arab Emirates ($740k), and United Kingdom ($393k).

In 2022, Ecuador imported $51.4M in Other Furniture, mainly from China ($21.2M), Brazil ($7.71M), United States ($7.3M), Colombia ($6.37M), and Spain ($3.13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Furniture EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$1.12M (29.8%)
Qatar$281k (1%)
Peru$280k (52.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Furniture BY Ecuador WERE (2021 - 2022):
Chile-$633k (-66.7%)
United Arab Emirates-$302k (-29%)
Bolivia-$172k (-50.4%)
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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 Furniture were:
China $36.6B
Vietnam $9.13B
Germany $8.79B
In 2022, Ecuador's main importing competitors in Other Furniture were:
United States $31.4B
Germany $8.81B
France $6.68B

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Trade Value of Other Furniture by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.81M
TOP IMPORT POTENTIALChina+ $11.4M

Other Furniture’s highest export potential is United States. With an export gap of $5.81M.   Other Furniture’s highest import potential is China with an import gap of $11.4M.

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