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Pricing

2022
Exports $235MWorld Rnk 17 / 148
Flag Rnk 11 / 1017
2022
Destination $32.5M Colombia
2021 - 2022
FASTEST GROWING MARKET $32.5MColombia
2022
PRODUCT COMPLEXITY IN Particle Board0.11Rnk 516 / 1025
2022
Imports $13MWorld Rnk 83 / 213
Flag Rnk 322 / 1175
2022
Origin $1.62M Chile
2021 - 2022
FASTEST GROWING ORIGIN $1.62MChile
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $235M in Particle Board, making it the 17th largest exporter of Particle Board in the world. At the same year, Particle Board was the 11th most exported product in Ecuador. The main destination of Particle Board exports from Ecuador are: Colombia ($140M), Peru ($73.7M), Panama ($6.47M), Dominican Republic ($3.24M), and United States ($2.61M).

The fastest growing export markets for Particle Board of Ecuador between 2021 and 2022 were Colombia ($32.5M), Peru ($4.71M), and Panama ($1.85M).

Imports In 2022, Ecuador imported $13M in Particle Board, becoming the 83rd largest importer of Particle Board in the world. At the same year, Particle Board was the 322nd most imported product in Ecuador. Ecuador imports Particle Board primarily from: Chile ($8.21M), Brazil ($3.9M), Spain ($572k), Turkey ($123k), and China ($123k).

The fastest growing import markets in Particle Board for Ecuador between 2021 and 2022 were Chile ($1.62M), China ($44.6k), and Malaysia ($2.14k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Particle Board exports accounted up to $17.8M and imports accounted up to $998k, resulting in a positive trade balance of $16.8M. Between December 2020 and December 2021 the exports of Ecuador's   Particle Board have increased by $3.19M (21.9%) from $14.6M to $17.8M, while imports increased by $194k (24.1%) from $805k to $998k.

Destinations In December 2021, Particle Board were exported mostly to Colombia ($11.4M), Peru ($5.08M), Panama ($368k), Dominican Republic ($268k), and Bolivia ($251k), and were imported mostly from Brazil ($327k), Chile ($264k), Colombia ($190k), Turkey ($184k), and Spain ($33k).

Growth In December 2021, the increase in Particle Board's year-by-year exports was explained primarily by an increase in exports to Peru ($1.77M or 52.3%), Chile ($126k or 1.11k%), and Costa Rica ($71k or 657%). In December 2021, the increase in Particle Board's year-by-year imports was explained primarily by an increase in imports from China ($16k or 1.4k%) and Colombia ($11.3k or 46.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$3.19M(21.9%)
IMPORT GROWTH (December 2020 - December 2021)$194k(24.1%)
MAIN DESTINATION (December 2021)Colombia$11.4M

This section shows Particle Board'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 Particle Board over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$235M
IMPORTS (2022)$13M
NET TRADE (2022)$222M

In 2022, Ecuador exported $235M in Particle Board. The main destinations of Ecuador exports on Particle Board were Colombia ($140M), Peru ($73.7M), Panama ($6.47M), Dominican Republic ($3.24M), and United States ($2.61M).

In 2022, Ecuador imported $13M in Particle Board, mainly from Chile ($8.21M), Brazil ($3.9M), Spain ($572k), Turkey ($123k), and China ($123k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Particle Board EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Colombia$32.5M (30.2%)
Peru$4.71M (6.82%)
Panama$1.85M (39.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Particle Board BY Ecuador WERE (2021 - 2022):
Chile-$2.08M (-77.2%)
United States-$1.05M (-28.8%)
Bolivia-$170k (-6.54%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Particle Board were:
Canada $3.38B
Germany $945M
Austria $874M
In 2022, Ecuador's main importing competitors in Particle Board were:
United States $3.62B
Germany $1.1B
Poland $454M

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Trade Value of Particle Board by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.9M
TOP IMPORT POTENTIALSpain+ $242k

Particle Board’s highest export potential is United States. With an export gap of $6.9M.   Particle Board’s highest import potential is Spain with an import gap of $242k.

See methodology.

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