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Pricing

2023
Exports $188MWorld Rnk 17 / 150
Flag Rnk 13 / 1002
2023
Destination $2.17M Colombia
2022 - 2023
FASTEST GROWING MARKET $2.17MMexico
2023
PRODUCT COMPLEXITY IN Particle Board0.095Rnk 522 / 1025
2023
Imports $16.2MWorld Rnk 70 / 216
Flag Rnk 263 / 1173
2023
Origin $1.18M Chile
2022 - 2023
FASTEST GROWING ORIGIN $1.18MBrazil
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $188M in Particle Board, making it the 17th largest exporter of Particle Board in the world. At the same year, Particle Board was the 13th most exported product in Ecuador. The main destination of Particle Board exports from Ecuador are: Colombia ($99.4M), Peru ($68.2M), Panama ($4.59M), Mexico ($3.84M), and United States ($3.7M).

The fastest growing export markets for Particle Board of Ecuador between 2022 and 2023 were Mexico ($2.17M), United States ($724k), and Peru ($521k).

Imports In 2023, Ecuador imported $16.2M in Particle Board, becoming the 70th largest importer of Particle Board in the world. At the same year, Particle Board was the 263rd most imported product in Ecuador. Ecuador imports Particle Board primarily from: Chile ($7.64M), Brazil ($6.68M), Spain ($1.46M), China ($226k), and Colombia ($140k).

The fastest growing import markets in Particle Board for Ecuador between 2022 and 2023 were Brazil ($1.18M), Spain ($926k), and Colombia ($135k).

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 (2023)$188M
IMPORTS (2023)$16.2M
NET TRADE (2023)$172M

In 2023, Ecuador exported $188M in Particle Board. The main destinations of Ecuador exports on Particle Board were Colombia ($99.4M), Peru ($68.2M), Panama ($4.59M), Mexico ($3.84M), and United States ($3.7M).

In 2023, Ecuador imported $16.2M in Particle Board, mainly from Chile ($7.64M), Brazil ($6.68M), Spain ($1.46M), China ($226k), and Colombia ($140k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Particle Board EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Mexico$2.17M (131%)
United States$724k (24.3%)
Peru$521k (0.77%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Particle Board BY Ecuador WERE (2022 - 2023):
Colombia-$25.2M (-20.2%)
Panama-$1.5M (-24.6%)
Dominican Republic-$831k (-26.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Particle Board were:
Canada $2.12B
Germany $857M
Austria $789M
In 2023, Ecuador's main importing competitors in Particle Board were:
United States $2.24B
Germany $797M
Italy $430M

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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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