Aircraft Parts in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $54.1M in Aircraft Parts, making it the 48th largest exporter of Aircraft Parts in the world. At the same year, Aircraft Parts was the 37th most exported product in Ecuador. The main destination of Aircraft Parts exports from Ecuador are: United States ($16.9M), Chile ($12.4M), Colombia ($8.71M), Peru ($6.19M), and Brazil ($4.71M).

The fastest growing export markets for Aircraft Parts of Ecuador between 2021 and 2022 were United States ($9.73M), Chile ($6.69M), and Colombia ($3.3M).

Imports In 2022, Ecuador imported $10M in Aircraft Parts, becoming the 102nd largest importer of Aircraft Parts in the world. At the same year, Aircraft Parts was the 371st most imported product in Ecuador. Ecuador imports Aircraft Parts primarily from: United States ($4.76M), United Kingdom ($1.08M), Israel ($882k), Colombia ($801k), and Germany ($734k).

The fastest growing import markets in Aircraft Parts for Ecuador between 2021 and 2022 were United States ($1.49M), United Kingdom ($1.01M), and France ($447k).

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

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Aircraft Parts exports accounted up to $1.73M and imports accounted up to $740k, resulting in a positive trade balance of $986k. Between December 2020 and December 2021 the exports of Ecuador's Aircraft Parts have decreased by $-161k (-8.52%) from $1.89M to $1.73M, while imports increased by $408k (123%) from $332k to $740k.

Destinations In December 2021, Aircraft Parts were exported mostly to Chile ($878k), United States ($609k), Peru ($84.7k), Brazil ($77.6k), and Colombia ($71.8k), and were imported mostly from United States ($634k), Australia ($93.6k), China ($8.53k), Canada ($1.95k), and Czechia ($684).

Growth In December 2021, the decrease in Aircraft Parts's year-by-year exports was explained primarily by a decrease in exports to United States ($-399k or -49.6%), Peru ($-212k or -29.2%), and Argentina ($-131k or -99.9%). In December 2021, the increase in Aircraft Parts's year-by-year imports was explained primarily by an increase in imports from United States ($35.2k or 30%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2020 - December 2021)$-161k(-8.52%)

IMPORT GROWTH (December 2020 - December 2021)$408k(123%)

MAIN DESTINATION (December 2021)Chile$878k

This section shows Aircraft Parts'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 Aircraft Parts over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$54.1M

IMPORTS (2022)$10M

NET TRADE (2022)$44.1M

In 2022, Ecuador exported $54.1M in Aircraft Parts. The main destinations of Ecuador exports on Aircraft Parts were United States ($16.9M), Chile ($12.4M), Colombia ($8.71M), Peru ($6.19M), and Brazil ($4.71M).

In 2022, Ecuador imported $10M in Aircraft Parts, mainly from United States ($4.76M), United Kingdom ($1.08M), Israel ($882k), Colombia ($801k), and Germany ($734k).

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