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2022
Exports $361kWorld Rnk 56 / 116
Flag Rnk 397 / 1017
2022
Destination $176k Peru
2021 - 2022
FASTEST GROWING MARKET $176kPeru
2022
Imports $16.2kWorld Rnk 130 / 165
Flag Rnk 1107 / 1175
2022
Origin $5.2k Colombia
2021 - 2022
FASTEST GROWING ORIGIN $5.2kPeru
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $361k in Scrap Rubber, making it the 56th largest exporter of Scrap Rubber in the world. At the same year, Scrap Rubber was the 397th most exported product in Ecuador. The main destination of Scrap Rubber exports from Ecuador are: Peru ($183k), Panama ($77.5k), Chile ($54.6k), Costa Rica ($21.2k), and Colombia ($13.1k).

The fastest growing export markets for Scrap Rubber of Ecuador between 2021 and 2022 were Peru ($176k), Panama ($27k), and Costa Rica ($8.05k).

Imports In 2022, Ecuador imported $16.2k in Scrap Rubber, becoming the 130th largest importer of Scrap Rubber in the world. At the same year, Scrap Rubber was the 1107th most imported product in Ecuador. Ecuador imports Scrap Rubber primarily from: Colombia ($11k) and Peru ($5.2k).

The fastest growing import markets in Scrap Rubber for Ecuador between 2021 and 2022 were Peru ($5.2k) and Colombia ($5.02k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Scrap Rubber exports accounted up to $23k and imports accounted up to $1.47k, resulting in a positive trade balance of $21.5k. Between November 2020 and December 2021 the exports of Ecuador's   Scrap Rubber have increased by $20.9k (1.03k%) from $2.03k to $23k, while imports decreased by $-20.3k (-93.2%) from $21.8k to $1.47k.

Destinations In December 2021, Scrap Rubber were exported mostly to Chile ($6.3k), Colombia ($4.84k), Honduras ($4.29k), El Salvador ($4.29k), and Panama ($3.24k), and were imported mostly from Colombia ($1.47k).

Growth In December 2021, the increase in Scrap Rubber's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the decrease in Scrap Rubber's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2020 - December 2021)$20.9k(1.03k%)
IMPORT GROWTH (July 2017 - December 2021)$-20.3k(-93.2%)
MAIN DESTINATION (December 2021)Chile$6.3k

This section shows Scrap Rubber'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 Scrap Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$361k
IMPORTS (2022)$16.2k
NET TRADE (2022)$345k

In 2022, Ecuador exported $361k in Scrap Rubber. The main destinations of Ecuador exports on Scrap Rubber were Peru ($183k), Panama ($77.5k), Chile ($54.6k), Costa Rica ($21.2k), and Colombia ($13.1k).

In 2022, Ecuador imported $16.2k in Scrap Rubber, mainly from Colombia ($11k) and Peru ($5.2k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Rubber EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Peru$176k (2.65k%)
Panama$27k (53.5%)
Costa Rica$8.05k (61.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Rubber BY Ecuador WERE (2021 - 2022):
Chile-$47.5k (-46.5%)
Colombia-$28.9k (-68.8%)
Honduras-$23.3k (-84.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Scrap Rubber were:
United Kingdom $52.2M
United States $36M
France $25M
In 2022, Ecuador's main importing competitors in Scrap Rubber were:
India $87.9M
Turkey $27.9M
United States $24M

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Trade Value of Scrap Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $6.08k
TOP IMPORT POTENTIALUnited States+ $556

Scrap Rubber’s highest export potential is Colombia. With an export gap of $6.08k.   Scrap Rubber’s highest import potential is United States with an import gap of $556.

See methodology.

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