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2022
Exports $253kWorld Rnk 87 / 177
Flag Rnk 441 / 1017
2022
Destination $113k Panama
2021 - 2022
FASTEST GROWING MARKET $113kPanama
2022
PRODUCT COMPLEXITY IN Bandages0.96Rnk 187 / 1025
2022
Imports $15.5MWorld Rnk 60 / 221
Flag Rnk 294 / 1175
2022
Origin $1.51M China
2021 - 2022
FASTEST GROWING ORIGIN $1.51MChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $253k in Bandages, making it the 87th largest exporter of Bandages in the world. At the same year, Bandages was the 441st most exported product in Ecuador. The main destination of Bandages exports from Ecuador are: Panama ($209k), Guatemala ($19.5k), United Kingdom ($11.5k), Bolivia ($10.1k), and United States ($1.77k).

The fastest growing export markets for Bandages of Ecuador between 2021 and 2022 were Panama ($113k), Guatemala ($19.5k), and United Kingdom ($11.5k).

Imports In 2022, Ecuador imported $15.5M in Bandages, becoming the 60th largest importer of Bandages in the world. At the same year, Bandages was the 294th most imported product in Ecuador. Ecuador imports Bandages primarily from: China ($4.28M), Colombia ($3.56M), United States ($3.51M), Germany ($590k), and Netherlands ($424k).

The fastest growing import markets in Bandages for Ecuador between 2021 and 2022 were China ($1.51M), United States ($960k), and United Kingdom ($252k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Bandages exports accounted up to $10.3k and imports accounted up to $1.23M, resulting in a negative trade balance of $1.22M. Between December 2020 and December 2021 the exports of Ecuador's   Bandages have increased by $8.39k (451%) from $1.86k to $10.3k, while imports increased by $763k (165%) from $463k to $1.23M.

Destinations In December 2021, Bandages were exported mostly to Panama ($10.3k), and were imported mostly from China ($411k), Colombia ($258k), United States ($217k), Germany ($76.8k), and Argentina ($60.3k).

Growth In December 2021, the increase in Bandages's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Bandages's year-by-year imports was explained primarily by an increase in imports from Colombia ($48.8k or 74.5%), Ireland ($3.17k or 270%), and Brazil ($295 or 121%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$8.39k(451%)
IMPORT GROWTH (December 2020 - December 2021)$763k(165%)
MAIN DESTINATION (December 2021)Panama$10.3k

This section shows Bandages'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 Bandages over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$253k
IMPORTS (2022)$15.5M
NET TRADE (2022)-$15.2M

In 2022, Ecuador exported $253k in Bandages. The main destinations of Ecuador exports on Bandages were Panama ($209k), Guatemala ($19.5k), United Kingdom ($11.5k), Bolivia ($10.1k), and United States ($1.77k).

In 2022, Ecuador imported $15.5M in Bandages, mainly from China ($4.28M), Colombia ($3.56M), United States ($3.51M), Germany ($590k), and Netherlands ($424k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Panama$113k (117%)
Guatemala$19.5k (1%)
United Kingdom$11.5k (164k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Ecuador WERE (2021 - 2022):
Brazil-$5.6k (-100%)
Maldives-$2.55k (-100%)
Peru-$2.34k (-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 Bandages were:
China $2.84B
United States $1.04B
Germany $861M
In 2022, Ecuador's main importing competitors in Bandages were:
United States $1.7B
Germany $940M
Netherlands $592M

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Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $17.1k
TOP IMPORT POTENTIALChina+ $1.49M

Bandages’s highest export potential is United Kingdom. With an export gap of $17.1k.   Bandages’s highest import potential is China with an import gap of $1.49M.

See methodology.

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