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Exports In 2022, Ecuador exported $1.34k in Time Recording Instruments, making it the 105th largest exporter of Time Recording Instruments in the world. At the same year, Time Recording Instruments was the 888th most exported product in Ecuador. The main destination of Time Recording Instruments exports from Ecuador are: Colombia ($591), Canada ($247), Bermuda ($230), Panama ($102), and Peru ($92).

The fastest growing export markets for Time Recording Instruments of Ecuador between 2021 and 2022 were Colombia ($587), Canada ($189), and Bermuda ($104).

Imports In 2022, Ecuador imported $829k in Time Recording Instruments, becoming the 59th largest importer of Time Recording Instruments in the world. At the same year, Time Recording Instruments was the 802nd most imported product in Ecuador. Ecuador imports Time Recording Instruments primarily from: China ($553k), United States ($80.6k), Colombia ($75.5k), South Korea ($32.5k), and Uruguay ($12k).

The fastest growing import markets in Time Recording Instruments for Ecuador between 2021 and 2022 were China ($220k), Colombia ($74.1k), and United States ($32.4k).

Latest Trends

November 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2020 - November 2021)$18.9(359%)
IMPORT GROWTH (December 2020 - December 2021)$-37.3k(-42.7%)
MAIN DESTINATION (November 2021)

This section shows Time Recording Instruments'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 Time Recording Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.34k
IMPORTS (2022)$829k
NET TRADE (2022)-$828k

In 2022, Ecuador exported $1.34k in Time Recording Instruments. The main destinations of Ecuador exports on Time Recording Instruments were Colombia ($591), Canada ($247), Bermuda ($230), Panama ($102), and Peru ($92).

In 2022, Ecuador imported $829k in Time Recording Instruments, mainly from China ($553k), United States ($80.6k), Colombia ($75.5k), South Korea ($32.5k), and Uruguay ($12k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Time Recording Instruments EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Colombia$587 (14.7k%)
Canada$189 (326%)
Bermuda$104 (82.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Recording Instruments BY Ecuador WERE (2021 - 2022):
Trinidad and Tobago-$2.92k (-100%)
Switzerland-$2.35k (-100%)
United States-$969 (-98%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Time Recording Instruments were:
In 2022, Ecuador's main importing competitors in Time Recording Instruments were:

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Trade Value of Time Recording Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $331
TOP IMPORT POTENTIALChina+ $39.3k

Time Recording Instruments’s highest export potential is United States. With an export gap of $331.   Time Recording Instruments’s highest import potential is China with an import gap of $39.3k.

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