Safes in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $2.63M in Safes, making it the 37th largest exporter of Safes in the world. At the same year, Safes was the 180th most exported product in Ecuador. The main destination of Safes exports from Ecuador are: United States ($2.27M), Mexico ($309k), Canada ($50.9k), Guyana ($137), and Costa Rica ($35).

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).

COMPANIES In 2021, leading companies such as were at the forefront of shipping Safes from Ecuador to the United States.

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Safes exports accounted up to $285k and imports accounted up to $79.5k, resulting in a positive trade balance of $206k. Between December 2020 and December 2021 the exports of Ecuador's Safes have increased by $169k (146%) from $116k to $285k, while imports increased by $59.7k (301%) from $19.9k to $79.5k.

Destinations In December 2021, Safes were exported mostly to United States ($285k), and were imported mostly from China ($75.1k), United States ($4.07k), Peru ($251), and Turkey ($118).

Growth In December 2021, the increase in Safes's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Safes's year-by-year imports was explained primarily by an increase in imports from China ($178k or 1.25k%), Portugal ($3.94k or 21.3%), and United States ($146 or 11.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2020 - December 2021)$169k(146%)

IMPORT GROWTH (December 2020 - December 2021)$59.7k(301%)

MAIN DESTINATION (December 2021)United States$285k

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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.63M

IMPORTS (2022)$740k

NET TRADE (2022)$1.89M

In 2022, Ecuador exported $2.63M in Safes. The main destinations of Ecuador exports on Safes were United States ($2.27M), Mexico ($309k), Canada ($50.9k), Guyana ($137), and Costa Rica ($35).

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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