2023
Exports
$23.6MWorld Rnk 61 / 205
Flag Rnk 50 / 1002
2023
PRODUCT COMPLEXITY IN Aircraft Parts
0.54Rnk 352 / 1025
2023
Imports
$3.63MWorld Rnk 126 / 219
Flag Rnk 533 / 1173
2023
ECONOMIC COMPLEXITY of Ecuador
-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $23.6M in Aircraft Parts, making it the 61st largest exporter of Aircraft Parts in the world. At the same year, Aircraft Parts was the 50th most exported product in Ecuador. The main destination of Aircraft Parts exports from Ecuador are: Canada ($6.84M), United States ($6.66M), Chile ($4.4M), Peru ($2.43M), and Brazil ($1.7M).

The fastest growing export markets for Aircraft Parts of Ecuador between 2022 and 2023 were Canada ($5.12M), Philippines ($25.7k), and Australia ($13.9k).

Imports In 2023, Ecuador imported $3.63M in Aircraft Parts, becoming the 126th largest importer of Aircraft Parts in the world. At the same year, Aircraft Parts was the 533rd most imported product in Ecuador. Ecuador imports Aircraft Parts primarily from: United States ($1.62M), Colombia ($495k), Netherlands ($405k), Spain ($298k), and Germany ($206k).

The fastest growing import markets in Aircraft Parts for Ecuador between 2022 and 2023 were Spain ($238k), Netherlands ($158k), and Denmark ($83.9k).

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
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
EXPORTS (2023)$23.6M
IMPORTS (2023)$3.63M
NET TRADE (2023)$20M

In 2023, Ecuador exported $23.6M in Aircraft Parts. The main destinations of Ecuador exports on Aircraft Parts were Canada ($6.84M), United States ($6.66M), Chile ($4.4M), Peru ($2.43M), and Brazil ($1.7M).

In 2023, Ecuador imported $3.63M in Aircraft Parts, mainly from United States ($1.62M), Colombia ($495k), Netherlands ($405k), Spain ($298k), and Germany ($206k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aircraft Parts EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Canada$5.12M (296%)
Philippines$25.7k (6.03k%)
Australia$13.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aircraft Parts BY Ecuador WERE (2022 - 2023):
United States-$10.1M (-60.2%)
Chile-$7.97M (-64.4%)
Peru-$3.77M (-60.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Aircraft Parts were:
In 2023, Ecuador's main importing competitors in Aircraft Parts were:

Explore Visualizations

Trade Value of Aircraft Parts by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Aircraft Parts’s highest export potential is N/A. With an export gap of N/A.   Aircraft Parts’s highest import potential is N/A with an import gap of N/A.

See methodology.

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