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Pricing

2018
Exports $16.6kWorld Rnk 79 / 135
Flag Rnk 744 / 1017
2018
Destination $2.06k United Kingdom
2021 - 2022
FASTEST GROWING MARKET $2.06kColombia
2022
PRODUCT COMPLEXITY IN Other Nickel Products1.47Rnk 61 / 1025
2018
Imports $905kWorld Rnk 74 / 195
Flag Rnk 793 / 1175
2018
Origin $247k China
2021 - 2022
FASTEST GROWING ORIGIN $247kChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2018, Ecuador exported $16.6k in Other Nickel Products, making it the 79th largest exporter of Other Nickel Products in the world. At the same year, Other Nickel Products was the 744th most exported product in Ecuador. The main destination of Other Nickel Products exports from Ecuador are: United Kingdom ($8.08k), Colombia ($3.97k), United States ($1.54k), Australia ($1.24k), and Peru ($817).

The fastest growing export markets for Other Nickel Products of Ecuador between 2021 and 2022 were Colombia ($2.06k), Australia ($1.24k), and Peru ($754).

Imports In 2022, Ecuador imported $905k in Other Nickel Products, becoming the 74th largest importer of Other Nickel Products in the world. At the same year, Other Nickel Products was the 793rd most imported product in Ecuador. Ecuador imports Other Nickel Products primarily from: China ($255k), United States ($229k), Hong Kong ($116k), Singapore ($85.8k), and United Kingdom ($72.7k).

The fastest growing import markets in Other Nickel Products for Ecuador between 2021 and 2022 were China ($247k), United States ($103k), and Singapore ($84.9k).

Latest Trends

October 2021

About

Overview In October 2021 Ecuador's Other Nickel Products exports accounted up to $229 and imports accounted up to $14.4k, resulting in a negative trade balance of $14.2k. Between December 2019 and October 2021 the exports of Ecuador's   Other Nickel Products have decreased by $-937 (-80.4%) from $1.17k to $229, while imports decreased by $-24.2k (-62.7%) from $38.6k to $14.4k.

Destinations In October 2021, Other Nickel Products were exported mostly to , and were imported mostly from United States ($9.01k) and Germany ($5.39k).

Growth In October 2021, the decrease in Other Nickel Products's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the decrease in Other Nickel Products's year-by-year imports was explained primarily by a decrease in imports from United States ($-11.9k or -50.3%), China ($-703 or -83.9%), and Mexico ($-37.3 or -97.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2019 - October 2021)$-937(-80.4%)
IMPORT GROWTH (December 2020 - December 2021)$-24.2k(-62.7%)
MAIN DESTINATION (October 2021)

This section shows Other Nickel Products'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 Nickel Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.6k
IMPORTS (2022)$905k
NET TRADE (2022)-$888k

In 2022, Ecuador exported $16.6k in Other Nickel Products. The main destinations of Ecuador exports on Other Nickel Products were United Kingdom ($8.08k), Colombia ($3.97k), United States ($1.54k), Australia ($1.24k), and Peru ($817).

In 2022, Ecuador imported $905k in Other Nickel Products, mainly from China ($255k), United States ($229k), Hong Kong ($116k), Singapore ($85.8k), and United Kingdom ($72.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Nickel Products EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Colombia$2.06k (107%)
Australia$1.24k (1%)
Peru$754 (1.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Nickel Products BY Ecuador WERE (2021 - 2022):
United Kingdom-$35.3k (-81.4%)
United States-$718 (-31.8%)
Brazil-$557 (-74.6%)
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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 Nickel Products were:
United States $864M
United Kingdom $310M
Finland $200M
In 2022, Ecuador's main importing competitors in Other Nickel Products were:
Singapore $377M
United States $339M
China $227M

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Trade Value of Other Nickel Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.5k
TOP IMPORT POTENTIALUnited States+ $149k

Other Nickel Products’s highest export potential is United States. With an export gap of $8.5k.   Other Nickel Products’s highest import potential is United States with an import gap of $149k.

See methodology.

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