2023
Exports
$519World Rnk 113 / 141
Flag Rnk 924 / 1002
2023
PRODUCT COMPLEXITY IN Cooking Hand Tools
0.89Rnk 210 / 1025
2023
Imports
$982kWorld Rnk 72 / 209
Flag Rnk 757 / 1173
2023
ECONOMIC COMPLEXITY of Ecuador
-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $519 in Cooking Hand Tools, making it the 113th largest exporter of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 924th most exported product in Ecuador. The main destination of Cooking Hand Tools exports from Ecuador are: Switzerland ($463) and Honduras ($56).

The fastest growing export markets for Cooking Hand Tools of Ecuador between 2022 and 2023 were Switzerland ($463) and Honduras ($56).

Imports In 2023, Ecuador imported $982k in Cooking Hand Tools, becoming the 72nd largest importer of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 757th most imported product in Ecuador. Ecuador imports Cooking Hand Tools primarily from: Colombia ($602k), China ($295k), United States ($25.3k), Japan ($17.2k), and Turkey ($8.16k).

The fastest growing import markets in Cooking Hand Tools for Ecuador between 2022 and 2023 were Japan ($8.85k), Brazil ($3.83k), and Hong Kong ($2.97k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cooking Hand Tools. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$519
IMPORTS (2023)$982k
NET TRADE (2023)-$982k

In 2023, Ecuador exported $519 in Cooking Hand Tools. The main destinations of Ecuador exports on Cooking Hand Tools were Switzerland ($463) and Honduras ($56).

In 2023, Ecuador imported $982k in Cooking Hand Tools, mainly from Colombia ($602k), China ($295k), United States ($25.3k), Japan ($17.2k), and Turkey ($8.16k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cooking Hand Tools EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Switzerland$463 (1%)
Honduras$56 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cooking Hand Tools BY Ecuador WERE (2022 - 2023):
Canada-$3.53k (-100%)
Bermuda-$186 (-100%)
United States-$180 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ecuador's main exporting competitors in Cooking Hand Tools were:
China $359M
France $34.6M
Germany $33.9M
In 2023, Ecuador's main importing competitors in Cooking Hand Tools were:

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Trade Value of Cooking Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $1.81k
TOP IMPORT POTENTIALChina+ $121k

Cooking Hand Tools’s highest export potential is Canada. With an export gap of $1.81k.   Cooking Hand Tools’s highest import potential is China with an import gap of $121k.

See methodology.

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