2022
Exports | Imports
$757k | $4.04MWorld Rnk 55 / 123
Flag Rnk 300 / 1017
World Rnk 65 / 193
Flag Rnk 532 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 102 / 124
2022
PRODUCT COMPLEXITY IN Steel Wire
0.86Rnk 217 / 1025

About

Exports In 2022, Ecuador exported $757k in Steel Wire, making it the 55th largest exporter of Steel Wire in the world. At the same year, Steel Wire was the 300th most exported product in Ecuador. The main destination of Steel Wire exports from Ecuador are: Costa Rica ($757k), Singapore ($61), Slovakia ($19), and Slovenia ($15).

The fastest growing export markets for Steel Wire of Ecuador between 2021 and 2022 were Costa Rica ($213k), Singapore ($61), and Slovakia ($19).

Imports In 2022, Ecuador imported $4.04M in Steel Wire, becoming the 65th largest importer of Steel Wire in the world. At the same year, Steel Wire was the 532nd most imported product in Ecuador. Ecuador imports Steel Wire primarily from: China ($2.87M), Belgium ($719k), United States ($155k), India ($68.4k), and Colombia ($46.2k).

The fastest growing import markets in Steel Wire for Ecuador between 2021 and 2022 were Belgium ($373k), India ($54k), and Colombia ($42.1k).

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

Latest Trends

June 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2015 - June 2021)$-469k(-98.2%)
IMPORT GROWTH (December 2020 - December 2021)$7.29k(16.7%)
MAIN DESTINATION (June 2021)

This section shows Steel Wire'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 Steel Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$757k
IMPORTS (2022)$4.04M
NET TRADE (2022)-$3.28M

In 2022, Ecuador exported $757k in Steel Wire. The main destinations of Ecuador exports on Steel Wire were Costa Rica ($757k), Singapore ($61), Slovakia ($19), and Slovenia ($15).

In 2022, Ecuador imported $4.04M in Steel Wire, mainly from China ($2.87M), Belgium ($719k), United States ($155k), India ($68.4k), and Colombia ($46.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Wire EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Costa Rica$213k (39.2%)
Singapore$61 (1%)
Slovakia$19 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Wire BY Ecuador WERE (2021 - 2022):
Peru-$13.4k (-100%)
Panama-$12.6k (-100%)
Denmark-$2.33k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Steel Wire by Exporters

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