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2023
Exports $385kWorld Rnk 106 / 176
Flag Rnk 361 / 1002
2023
Destination $44.9k Belize
2022 - 2023
FASTEST GROWING MARKET $44.9kBelize
2023
PRODUCT COMPLEXITY IN Prefabricated Buildings0.052Rnk 539 / 1025
2023
Imports $8.12MWorld Rnk 116 / 224
Flag Rnk 404 / 1173
2023
Origin $2.97M China
2022 - 2023
FASTEST GROWING ORIGIN $2.97MChina
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $385k in Prefabricated Buildings, making it the 106th largest exporter of Prefabricated Buildings in the world. At the same year, Prefabricated Buildings was the 361st most exported product in Ecuador. The main destination of Prefabricated Buildings exports from Ecuador are: Belize ($222k), Colombia ($75.7k), Guatemala ($73k), Dominican Republic ($5.81k), and Peru ($5.25k).

The fastest growing export markets for Prefabricated Buildings of Ecuador between 2022 and 2023 were Belize ($44.9k), Dominican Republic ($5.81k), and Colombia ($2.02k).

Imports In 2023, Ecuador imported $8.12M in Prefabricated Buildings, becoming the 116th largest importer of Prefabricated Buildings in the world. At the same year, Prefabricated Buildings was the 404th most imported product in Ecuador. Ecuador imports Prefabricated Buildings primarily from: China ($3.52M), Colombia ($1.16M), Spain ($855k), Argentina ($773k), and United States ($679k).

The fastest growing import markets in Prefabricated Buildings for Ecuador between 2022 and 2023 were China ($2.97M), Colombia ($952k), and Spain ($731k).

Latest Trends

November 2021

About

Overview In November 2021 Ecuador's Prefabricated Buildings exports accounted up to $105k and imports accounted up to $452k, resulting in a negative trade balance of $347k. Between November 2019 and November 2021 the exports of Ecuador's   Prefabricated Buildings have increased by $95.4k (964%) from $9.9k to $105k, while imports increased by $130k (40.3%) from $322k to $452k.

Destinations In November 2021, Prefabricated Buildings were exported mostly to , and were imported mostly from Colombia ($264k), Mexico ($80.5k), Argentina ($43.9k), Brazil ($37.2k), and Singapore ($25.8k).

Growth In November 2021, the increase in Prefabricated Buildings's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Prefabricated Buildings's year-by-year imports was explained primarily by an increase in imports from Colombia ($148k or 5.56k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2019 - November 2021)$95.4k(964%)
IMPORT GROWTH (December 2020 - December 2021)$130k(40.3%)
MAIN DESTINATION (November 2021)

This section shows Prefabricated Buildings'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 Prefabricated Buildings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$385k
IMPORTS (2023)$8.12M
NET TRADE (2023)-$7.73M

In 2023, Ecuador exported $385k in Prefabricated Buildings. The main destinations of Ecuador exports on Prefabricated Buildings were Belize ($222k), Colombia ($75.7k), Guatemala ($73k), Dominican Republic ($5.81k), and Peru ($5.25k).

In 2023, Ecuador imported $8.12M in Prefabricated Buildings, mainly from China ($3.52M), Colombia ($1.16M), Spain ($855k), Argentina ($773k), and United States ($679k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Prefabricated Buildings EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Belize$44.9k (25.3%)
Dominican Republic$5.81k (1%)
Colombia$2.02k (2.75%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prefabricated Buildings BY Ecuador WERE (2022 - 2023):
Guatemala-$370k (-83.5%)
Brazil-$160k (-100%)
United States-$52.9k (-94.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Prefabricated Buildings were:
China $2.37B
United Arab Emirates $570M
United States $508M
In 2023, Ecuador's main importing competitors in Prefabricated Buildings were:
Germany $947M
United States $761M
Saudi Arabia $741M

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Trade Value of Prefabricated Buildings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $145k
TOP IMPORT POTENTIALChina+ $725k

Prefabricated Buildings’s highest export potential is United States. With an export gap of $145k.   Prefabricated Buildings’s highest import potential is China with an import gap of $725k.

See methodology.

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