2022
Exports
$2.63MWorld Rnk 37 / 155
Flag Rnk 180 / 1017
2022
PRODUCT COMPLEXITY IN Safes
0.76Rnk 261 / 1025
2022
Imports
$740kWorld Rnk 102 / 216
Flag Rnk 811 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

The fastest growing export markets for Safes of Ecuador between 2021 and 2022 were United States ($493k), Mexico ($122k), and Canada ($25.4k).

Imports In 2022, Ecuador imported $740k in Safes, becoming the 102nd largest importer of Safes in the world. At the same year, Safes was the 811th most imported product in Ecuador. Ecuador imports Safes primarily from: China ($515k), Spain ($122k), Colombia ($48.1k), United States ($34.6k), and Chinese Taipei ($9.08k).

The fastest growing import markets in Safes for Ecuador between 2021 and 2022 were Spain ($121k), Colombia ($19.2k), and United States ($18.8k).

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$169k(146%)
IMPORT GROWTH (December 2020 - December 2021)$59.7k(301%)

This section shows Safes'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 Safes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.63M
IMPORTS (2022)$740k
NET TRADE (2022)$1.89M

In 2022, Ecuador imported $740k in Safes, mainly from China ($515k), Spain ($122k), Colombia ($48.1k), United States ($34.6k), and Chinese Taipei ($9.08k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Safes EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$493k (27.7%)
Mexico$122k (65.6%)
Canada$25.4k (99.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Safes BY Ecuador WERE (2021 - 2022):
Colombia-$1.46k (-100%)
Costa Rica-$163 (-82.3%)
Maldives-$161 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Safes were:
In 2022, Ecuador's main importing competitors in Safes were:

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Trade Value of Safes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $427k
TOP IMPORT POTENTIALChina+ $134k

Safes’s highest export potential is United States. With an export gap of $427k.   Safes’s highest import potential is China with an import gap of $134k.

See methodology.

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