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Pricing

2022
Exports $1.43MWorld Rnk 88 / 203
Flag Rnk 231 / 1017
2022
Destination $573k Peru
2021 - 2022
FASTEST GROWING MARKET $573kPeru
2022
PRODUCT COMPLEXITY IN Hair Products0.18Rnk 493 / 1025
2022
Imports $73.3MWorld Rnk 53 / 224
Flag Rnk 69 / 1175
2022
Origin $5.06M Colombia
2021 - 2022
FASTEST GROWING ORIGIN $5.06MColombia
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $1.43M in Hair Products, making it the 88th largest exporter of Hair Products in the world. At the same year, Hair Products was the 231st most exported product in Ecuador. The main destination of Hair Products exports from Ecuador are: Peru ($624k), Colombia ($249k), Chile ($235k), United States ($96.1k), and Costa Rica ($85.3k).

The fastest growing export markets for Hair Products of Ecuador between 2021 and 2022 were Peru ($573k), Colombia ($239k), and Chile ($211k).

Imports In 2022, Ecuador imported $73.3M in Hair Products, becoming the 53rd largest importer of Hair Products in the world. At the same year, Hair Products was the 69th most imported product in Ecuador. Ecuador imports Hair Products primarily from: Colombia ($30.6M), Mexico ($15.9M), Peru ($6.24M), Italy ($5.81M), and Brazil ($5.14M).

The fastest growing import markets in Hair Products for Ecuador between 2021 and 2022 were Colombia ($5.06M), Brazil ($2.08M), and Indonesia ($735k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Hair Products exports accounted up to $27.5k and imports accounted up to $7.1M, resulting in a negative trade balance of $7.08M. Between December 2020 and December 2021 the exports of Ecuador's   Hair Products have increased by $6.53k (31.1%) from $21k to $27.5k, while imports increased by $558k (8.52%) from $6.55M to $7.1M.

Destinations In December 2021, Hair Products were exported mostly to Peru ($27.1k), Cuba ($347), and Panama ($48.5), and were imported mostly from Mexico ($2.41M), Colombia ($2.06M), Brazil ($807k), Peru ($608k), and Italy ($583k).

Growth In December 2021, the increase in Hair Products's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Hair Products's year-by-year imports was explained primarily by an increase in imports from Mexico ($564k or 47.1%), Colombia ($356k or 31.6%), and Italy ($151k or 46.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$6.53k(31.1%)
IMPORT GROWTH (December 2020 - December 2021)$558k(8.52%)
MAIN DESTINATION (December 2021)Peru$27.1k

This section shows Hair Products'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 Hair Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.43M
IMPORTS (2022)$73.3M
NET TRADE (2022)-$71.9M

In 2022, Ecuador exported $1.43M in Hair Products. The main destinations of Ecuador exports on Hair Products were Peru ($624k), Colombia ($249k), Chile ($235k), United States ($96.1k), and Costa Rica ($85.3k).

In 2022, Ecuador imported $73.3M in Hair Products, mainly from Colombia ($30.6M), Mexico ($15.9M), Peru ($6.24M), Italy ($5.81M), and Brazil ($5.14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hair Products EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Peru$573k (1.13k%)
Colombia$239k (2.21k%)
Chile$211k (895%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hair Products BY Ecuador WERE (2021 - 2022):
Cuba-$2.38k (-86.9%)
Bolivia-$1.84k (-20.9%)
Sweden-$895 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Hair Products were:
United States $1.63B
Germany $1.51B
Italy $1.36B
In 2022, Ecuador's main importing competitors in Hair Products were:
United States $1.73B
Germany $916M
United Kingdom $794M

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Trade Value of Hair Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $513k
TOP IMPORT POTENTIALMexico+ $2.15M

Hair Products’s highest export potential is United States. With an export gap of $513k.   Hair Products’s highest import potential is Mexico with an import gap of $2.15M.

See methodology.

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