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2022
Exports $25.8MWorld Rnk 81 / 225
Flag Rnk 37 / 95
2022
Destination $2.21M Colombia
2021 - 2022
FASTEST GROWING MARKET $2.21MMexico
2022
PRODUCT COMPLEXITY IN Used clothes & textile articles-0.37Rnk 664 / 1025
2022
Imports $55.9MWorld Rnk 114 / 226
Flag Rnk 57 / 96
2022
Origin $1.7M China
2021 - 2022
FASTEST GROWING ORIGIN $1.7MColombia
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $25.8M in Used clothes & textile articles, making it the 81st largest exporter of Used clothes & textile articles in the world. At the same year, Used clothes & textile articles was the 37th most exported product in Ecuador. The main destination of Used clothes & textile articles exports from Ecuador are: Colombia ($9.08M), Peru ($5.15M), Mexico ($4.75M), United States ($2.66M), and Chile ($1.16M).

The fastest growing export markets for Used clothes & textile articles of Ecuador between 2021 and 2022 were Mexico ($2.21M), United States ($1.02M), and Peru ($638k).

Imports In 2022, Ecuador imported $55.9M in Used clothes & textile articles, becoming the 114th largest importer of Used clothes & textile articles in the world. At the same year, Used clothes & textile articles was the 57th most imported product in Ecuador. Ecuador imports Used clothes & textile articles primarily from: China ($29M), Colombia ($6.57M), India ($5.22M), Peru ($4.16M), and United States ($2.8M).

The fastest growing import markets in Used clothes & textile articles for Ecuador between 2021 and 2022 were Colombia ($1.7M), Brazil ($1.08M), and Peru ($887k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Used clothes & textile articles exports accounted up to $2.04M and imports accounted up to $4.29M, resulting in a negative trade balance of $2.24M. Between December 2020 and December 2021 the exports of Ecuador's   Used clothes & textile articles have increased by $491k (31.6%) from $1.55M to $2.04M, while imports increased by $645k (17.7%) from $3.64M to $4.29M.

Destinations In December 2021, Used clothes & textile articles were exported mostly to Colombia ($1.16M), Peru ($509k), Venezuela ($98.8k), United States ($76.6k), and Chile ($71.6k), and were imported mostly from China ($2.11M), India ($737k), Colombia ($592k), Peru ($410k), and United States ($164k).

Growth In December 2021, the increase in Used clothes & textile articles's year-by-year exports was explained primarily by an increase in exports to Peru ($314k or 396%), Panama ($82.7k or 251%), and United States ($78.1k or 364%). In December 2021, the increase in Used clothes & textile articles's year-by-year imports was explained primarily by an increase in imports from China ($2.32M or 445%), Chile ($56.1k or 214%), and France ($9.1k or 2.44k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$491k(31.6%)
IMPORT GROWTH (December 2020 - December 2021)$645k(17.7%)
MAIN DESTINATION (December 2021)Colombia$1.16M

This section shows Used clothes & textile articles'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 Used clothes & textile articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$25.8M
IMPORTS (2022)$55.9M
NET TRADE (2022)-$30.1M

In 2022, Ecuador exported $25.8M in Used clothes & textile articles. The main destinations of Ecuador exports on Used clothes & textile articles were Colombia ($9.08M), Peru ($5.15M), Mexico ($4.75M), United States ($2.66M), and Chile ($1.16M).

In 2022, Ecuador imported $55.9M in Used clothes & textile articles, mainly from China ($29M), Colombia ($6.57M), India ($5.22M), Peru ($4.16M), and United States ($2.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Used clothes & textile articles EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Mexico$2.21M (87.3%)
United States$1.02M (61.9%)
Peru$638k (14.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Used clothes & textile articles BY Ecuador WERE (2021 - 2022):
Colombia-$8.76M (-49.1%)
Panama-$760k (-67.1%)
Chile-$441k (-27.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Used clothes & textile articles were:
China $38.2B
India $6.37B
Pakistan $6.18B
In 2022, Ecuador's main importing competitors in Used clothes & textile articles were:
United States $20B
Germany $6.16B
Japan $4.7B

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Trade Value of Used clothes & textile articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.22M
TOP IMPORT POTENTIALChina+ $7.5M

Used clothes & textile articles’s highest export potential is United States. With an export gap of $3.22M.   Used clothes & textile articles’s highest import potential is China with an import gap of $7.5M.

See methodology.

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