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2022
Exports $8.18MWorld Rnk 19 / 156
Flag Rnk 101 / 1017
2022
Destination $340k Spain
2021 - 2022
FASTEST GROWING MARKET $340kSpain
2022
PRODUCT COMPLEXITY IN Buttons0.32Rnk 436 / 1025
2022
Imports $1.7MWorld Rnk 84 / 207
Flag Rnk 698 / 1175
2022
Origin $201k China
2021 - 2022
FASTEST GROWING ORIGIN $201kChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $8.18M in Buttons, making it the 19th largest exporter of Buttons in the world. At the same year, Buttons was the 101st most exported product in Ecuador. The main destination of Buttons exports from Ecuador are: Spain ($2.03M), China ($1.95M), Hong Kong ($1.05M), Turkey ($1.02M), and India ($701k).

The fastest growing export markets for Buttons of Ecuador between 2021 and 2022 were Spain ($340k), India ($330k), and Japan ($209k).

Imports In 2022, Ecuador imported $1.7M in Buttons, becoming the 84th largest importer of Buttons in the world. At the same year, Buttons was the 698th most imported product in Ecuador. Ecuador imports Buttons primarily from: China ($1.15M), Colombia ($297k), Hong Kong ($77.6k), Brazil ($33.9k), and Spain ($29.4k).

The fastest growing import markets in Buttons for Ecuador between 2021 and 2022 were China ($201k), Colombia ($82.5k), and Hong Kong ($46.7k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Buttons exports accounted up to $886k and imports accounted up to $188k, resulting in a positive trade balance of $699k. Between December 2020 and December 2021 the exports of Ecuador's   Buttons have increased by $556k (169%) from $330k to $886k, while imports increased by $93.6k (99.5%) from $94k to $188k.

Destinations In December 2021, Buttons were exported mostly to Hong Kong ($343k), India ($205k), Spain ($196k), and Turkey ($143k), and were imported mostly from China ($179k), Colombia ($5.62k), United States ($2.35k), South Korea ($959), and Chinese Taipei ($44.2).

Growth In December 2021, the increase in Buttons's year-by-year exports was explained primarily by an increase in exports to China ($254k or 718%) and Italy ($55k or 1.18k%). In December 2021, the increase in Buttons's year-by-year imports was explained primarily by an increase in imports from China ($24.5k or 48.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$556k(169%)
IMPORT GROWTH (December 2020 - December 2021)$93.6k(99.5%)
MAIN DESTINATION (December 2021)Hong Kong$343k

This section shows Buttons'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 Buttons over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.18M
IMPORTS (2022)$1.7M
NET TRADE (2022)$6.48M

In 2022, Ecuador exported $8.18M in Buttons. The main destinations of Ecuador exports on Buttons were Spain ($2.03M), China ($1.95M), Hong Kong ($1.05M), Turkey ($1.02M), and India ($701k).

In 2022, Ecuador imported $1.7M in Buttons, mainly from China ($1.15M), Colombia ($297k), Hong Kong ($77.6k), Brazil ($33.9k), and Spain ($29.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buttons EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Spain$340k (20.2%)
India$330k (88.8%)
Japan$209k (112%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buttons BY Ecuador WERE (2021 - 2022):
Hong Kong-$409k (-28.1%)
Panama-$84.8k (-51.8%)
Bangladesh-$67.8k (-91%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Buttons were:
China $806M
Hong Kong $183M
Italy $175M
In 2022, Ecuador's main importing competitors in Buttons were:
Bangladesh $168M
Vietnam $159M
Hong Kong $157M

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Trade Value of Buttons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $265k
TOP IMPORT POTENTIALChina+ $144k

Buttons’s highest export potential is India. With an export gap of $265k.   Buttons’s highest import potential is China with an import gap of $144k.

See methodology.

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