2022
Exports
$1.55MWorld Rnk 85 / 221
Flag Rnk 221 / 1017
2022
PRODUCT COMPLEXITY IN Other Measuring Instruments
1.54Rnk 44 / 1025
2022
Imports
$24.1MWorld Rnk 74 / 226
Flag Rnk 213 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $1.55M in Other Measuring Instruments, making it the 85th largest exporter of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 221st most exported product in Ecuador. The main destination of Other Measuring Instruments exports from Ecuador are: Uganda ($509k), United States ($322k), Colombia ($220k), Peru ($95.6k), and Switzerland ($47.7k).

The fastest growing export markets for Other Measuring Instruments of Ecuador between 2021 and 2022 were Uganda ($509k), United States ($218k), and Switzerland ($47.7k).

Imports In 2022, Ecuador imported $24.1M in Other Measuring Instruments, becoming the 74th largest importer of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 213th most imported product in Ecuador. Ecuador imports Other Measuring Instruments primarily from: China ($5.88M), United States ($5.53M), Germany ($1.95M), Italy ($1.94M), and Colombia ($1.01M).

The fastest growing import markets in Other Measuring Instruments for Ecuador between 2021 and 2022 were China ($1.13M), Colombia ($532k), and Argentina ($415k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Other Measuring Instruments. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.55M
IMPORTS (2022)$24.1M
NET TRADE (2022)-$22.5M

In 2022, Ecuador exported $1.55M in Other Measuring Instruments. The main destinations of Ecuador exports on Other Measuring Instruments were Uganda ($509k), United States ($322k), Colombia ($220k), Peru ($95.6k), and Switzerland ($47.7k).

In 2022, Ecuador imported $24.1M in Other Measuring Instruments, mainly from China ($5.88M), United States ($5.53M), Germany ($1.95M), Italy ($1.94M), and Colombia ($1.01M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Measuring Instruments EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Uganda$509k (1%)
United States$218k (211%)
Switzerland$47.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Measuring Instruments BY Ecuador WERE (2021 - 2022):
Australia-$101k (-100%)
Germany-$92.5k (-71.7%)
Spain-$76.2k (-95.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Other Measuring Instruments were:
In 2022, Ecuador's main importing competitors in Other Measuring Instruments were:

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Trade Value of Other Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $362k
TOP IMPORT POTENTIALChina+ $2.46M

Other Measuring Instruments’s highest export potential is United States. With an export gap of $362k.   Other Measuring Instruments’s highest import potential is China with an import gap of $2.46M.

See methodology.

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