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2022
Exports $1.01MWorld Rnk 107 / 220
Flag Rnk 267 / 1017
2022
Destination $90.9k United States
2021 - 2022
FASTEST GROWING MARKET $90.9kGuatemala
2022
PRODUCT COMPLEXITY IN Air Pumps1.38Rnk 73 / 1025
2022
Imports $103MWorld Rnk 69 / 226
Flag Rnk 49 / 1175
2022
Origin $5.85M China
2021 - 2022
FASTEST GROWING ORIGIN $5.85MUnited States
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $1.01M in Air Pumps, making it the 107th largest exporter of Air Pumps in the world. At the same year, Air Pumps was the 267th most exported product in Ecuador. The main destination of Air Pumps exports from Ecuador are: United States ($301k), Peru ($130k), Guatemala ($99.2k), Dominican Republic ($69.2k), and China ($50.1k).

The fastest growing export markets for Air Pumps of Ecuador between 2021 and 2022 were Guatemala ($90.9k), Peru ($61.1k), and China ($36.2k).

Imports In 2022, Ecuador imported $103M in Air Pumps, becoming the 69th largest importer of Air Pumps in the world. At the same year, Air Pumps was the 49th most imported product in Ecuador. Ecuador imports Air Pumps primarily from: China ($37.3M), United States ($20.8M), Brazil ($12.7M), Chinese Taipei ($5.51M), and Switzerland ($3.68M).

The fastest growing import markets in Air Pumps for Ecuador between 2021 and 2022 were United States ($5.85M), China ($3.03M), and Chinese Taipei ($2.88M).

COMPANIES In 2021, leading companies such as Continental Tire (1) were at the forefront of shipping Air Pumps from Ecuador to the United States.

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Air Pumps exports accounted up to $179k and imports accounted up to $7.46M, resulting in a negative trade balance of $7.28M. Between December 2020 and December 2021 the exports of Ecuador's   Air Pumps have increased by $128k (253%) from $50.6k to $179k, while imports increased by $149k (2.04%) from $7.31M to $7.46M.

Destinations In December 2021, Air Pumps were exported mostly to Colombia ($101k), Costa Rica ($40k), Peru ($27.8k), United States ($5.84k), and Belgium ($1.4k), and were imported mostly from China ($3.14M), United States ($979k), Chinese Taipei ($631k), Brazil ($580k), and Germany ($412k).

Growth In December 2021, the increase in Air Pumps's year-by-year exports was explained primarily by an increase in exports to Colombia ($4.51k or 11.6%), Dominican Republic ($2.62k or 161%), and Puerto Rico ($1.43k or 218%). In December 2021, the increase in Air Pumps's year-by-year imports was explained primarily by an increase in imports from Brazil ($460k or 59.2%), China ($309k or 11.2%), and Switzerland ($299k or 685%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$128k(253%)
IMPORT GROWTH (December 2020 - December 2021)$149k(2.04%)
MAIN DESTINATION (December 2021)Colombia$101k

This section shows Air Pumps'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 Air Pumps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.01M
IMPORTS (2022)$103M
NET TRADE (2022)-$102M

In 2022, Ecuador exported $1.01M in Air Pumps. The main destinations of Ecuador exports on Air Pumps were United States ($301k), Peru ($130k), Guatemala ($99.2k), Dominican Republic ($69.2k), and China ($50.1k).

In 2022, Ecuador imported $103M in Air Pumps, mainly from China ($37.3M), United States ($20.8M), Brazil ($12.7M), Chinese Taipei ($5.51M), and Switzerland ($3.68M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Air Pumps EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Guatemala$90.9k (1.1k%)
Peru$61.1k (88.2%)
China$36.2k (259%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Pumps BY Ecuador WERE (2021 - 2022):
Italy-$178k (-98.5%)
Colombia-$158k (-78.7%)
United States-$125k (-29.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Air Pumps were:
China $26.1B
Germany $10.3B
United States $6.92B
In 2022, Ecuador's main importing competitors in Air Pumps were:
United States $15.5B
Germany $5.83B
China $5.48B

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Trade Value of Air Pumps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $763k
TOP IMPORT POTENTIALChina+ $13.2M

Air Pumps’s highest export potential is United States. With an export gap of $763k.   Air Pumps’s highest import potential is China with an import gap of $13.2M.

See methodology.

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