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2023
Exports $339kWorld Rnk 62 / 147
Flag Rnk 372 / 1002
2023
Destination $237k Malaysia
2022 - 2023
FASTEST GROWING MARKET $237kMalaysia
2023
PRODUCT COMPLEXITY IN Pharmaceutical Rubber Products0.34Rnk 442 / 1025
2023
Imports $4.76MWorld Rnk 61 / 214
Flag Rnk 487 / 1173
2023
Origin $134k Thailand
2022 - 2023
FASTEST GROWING ORIGIN $134kGermany
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $339k in Pharmaceutical Rubber Products, making it the 62nd largest exporter of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 372nd most exported product in Ecuador. The main destination of Pharmaceutical Rubber Products exports from Ecuador are: Malaysia ($237k), India ($38.7k), Peru ($31.3k), Colombia ($14.1k), and Chile ($7.39k).

The fastest growing export markets for Pharmaceutical Rubber Products of Ecuador between 2022 and 2023 were Malaysia ($237k), India ($38.7k), and Colombia ($12.4k).

Imports In 2023, Ecuador imported $4.76M in Pharmaceutical Rubber Products, becoming the 61st largest importer of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 487th most imported product in Ecuador. Ecuador imports Pharmaceutical Rubber Products primarily from: Thailand ($1.49M), Malaysia ($1.21M), China ($708k), Vietnam ($560k), and Germany ($331k).

The fastest growing import markets in Pharmaceutical Rubber Products for Ecuador between 2022 and 2023 were Germany ($134k), France ($127k), and Vietnam ($113k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Pharmaceutical Rubber Products exports accounted up to $21.4k and imports accounted up to $552k, resulting in a negative trade balance of $530k. Between November 2018 and December 2021 the exports of Ecuador's   Pharmaceutical Rubber Products have increased by $21.4k (84k%) from $25.4 to $21.4k, while imports increased by $496k (893%) from $55.5k to $552k.

Destinations In December 2021, Pharmaceutical Rubber Products were exported mostly to Peru ($21k) and Colombia ($350), and were imported mostly from Thailand ($397k), Malaysia ($64.2k), China ($36.7k), Germany ($33.9k), and Colombia ($16.3k).

Growth In December 2021, the increase in Pharmaceutical Rubber Products's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Pharmaceutical Rubber Products's year-by-year imports was explained primarily by an increase in imports from France ($16k or 993%) and Spain ($383 or 8.09%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2018 - December 2021)$21.4k(84k%)
IMPORT GROWTH (December 2020 - December 2021)$496k(893%)
MAIN DESTINATION (December 2021)Peru$21k

This section shows Pharmaceutical Rubber 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 Pharmaceutical Rubber Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$339k
IMPORTS (2023)$4.76M
NET TRADE (2023)-$4.42M

In 2023, Ecuador exported $339k in Pharmaceutical Rubber Products. The main destinations of Ecuador exports on Pharmaceutical Rubber Products were Malaysia ($237k), India ($38.7k), Peru ($31.3k), Colombia ($14.1k), and Chile ($7.39k).

In 2023, Ecuador imported $4.76M in Pharmaceutical Rubber Products, mainly from Thailand ($1.49M), Malaysia ($1.21M), China ($708k), Vietnam ($560k), and Germany ($331k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical Rubber Products EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Malaysia$237k (1%)
India$38.7k (1%)
Colombia$12.4k (695%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical Rubber Products BY Ecuador WERE (2022 - 2023):Panama-$4 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Pharmaceutical Rubber Products were:
Thailand $339M
China $268M
France $164M
In 2023, Ecuador's main importing competitors in Pharmaceutical Rubber Products were:
China $146M
United States $91.7M
Italy $73.9M

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Trade Value of Pharmaceutical Rubber Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $504
TOP IMPORT POTENTIALChina+ $176k

Pharmaceutical Rubber Products’s highest export potential is China. With an export gap of $504.   Pharmaceutical Rubber Products’s highest import potential is China with an import gap of $176k.

See methodology.

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