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Pricing

2022
Exports $168kWorld Rnk 78 / 182
Flag Rnk 486 / 1017
2022
Destination $63.5k France
2021 - 2022
FASTEST GROWING MARKET $63.5kFrance
2022
PRODUCT COMPLEXITY IN Cutting Blades1.38Rnk 76 / 1025
2022
Imports $8.27MWorld Rnk 60 / 219
Flag Rnk 408 / 1175
2022
Origin $379k United States
2021 - 2022
FASTEST GROWING ORIGIN $379kColombia
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $168k in Cutting Blades, making it the 78th largest exporter of Cutting Blades in the world. At the same year, Cutting Blades was the 486th most exported product in Ecuador. The main destination of Cutting Blades exports from Ecuador are: France ($63.5k), Bolivia ($30.3k), China ($28.2k), Colombia ($23.7k), and United States ($9.62k).

The fastest growing export markets for Cutting Blades of Ecuador between 2021 and 2022 were France ($63.5k), China ($23k), and Bolivia ($17.5k).

Imports In 2022, Ecuador imported $8.27M in Cutting Blades, becoming the 60th largest importer of Cutting Blades in the world. At the same year, Cutting Blades was the 408th most imported product in Ecuador. Ecuador imports Cutting Blades primarily from: United States ($1.48M), China ($1.32M), Colombia ($1.3M), Germany ($913k), and Switzerland ($549k).

The fastest growing import markets in Cutting Blades for Ecuador between 2021 and 2022 were Colombia ($379k), China ($280k), and Indonesia ($169k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Cutting Blades exports accounted up to $5.28k and imports accounted up to $781k, resulting in a negative trade balance of $776k. Between November 2020 and December 2021 the exports of Ecuador's   Cutting Blades have decreased by $-1.4k (-20.9%) from $6.68k to $5.28k, while imports increased by $185k (31.1%) from $596k to $781k.

Destinations In December 2021, Cutting Blades were exported mostly to Colombia ($5.02k), Rest of the world ($246), and Panama ($18.9), and were imported mostly from Switzerland ($187k), Mexico ($145k), United States ($108k), Colombia ($101k), and China ($79.9k).

Growth In December 2021, the decrease in Cutting Blades's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Cutting Blades's year-by-year imports was explained primarily by an increase in imports from China ($70.1k or 119%), Spain ($35.1k or 577%), and Colombia ($16.6k or 103%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2020 - December 2021)$-1.4k(-20.9%)
IMPORT GROWTH (December 2020 - December 2021)$185k(31.1%)
MAIN DESTINATION (December 2021)Colombia$5.02k

This section shows Cutting Blades'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 Cutting Blades over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$168k
IMPORTS (2022)$8.27M
NET TRADE (2022)-$8.1M

In 2022, Ecuador exported $168k in Cutting Blades. The main destinations of Ecuador exports on Cutting Blades were France ($63.5k), Bolivia ($30.3k), China ($28.2k), Colombia ($23.7k), and United States ($9.62k).

In 2022, Ecuador imported $8.27M in Cutting Blades, mainly from United States ($1.48M), China ($1.32M), Colombia ($1.3M), Germany ($913k), and Switzerland ($549k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutting Blades EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
France$63.5k (1%)
China$23k (442%)
Bolivia$17.5k (136%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutting Blades BY Ecuador WERE (2021 - 2022):
Dominican Republic-$2k (-98.2%)
Mexico-$1.95k (-100%)
Argentina-$1.18k (-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 Cutting Blades were:
Germany $695M
China $604M
United States $343M
In 2022, Ecuador's main importing competitors in Cutting Blades were:
United States $489M
Germany $342M
China $169M

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Trade Value of Cutting Blades by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $31.5k
TOP IMPORT POTENTIALChina+ $444k

Cutting Blades’s highest export potential is China. With an export gap of $31.5k.   Cutting Blades’s highest import potential is China with an import gap of $444k.

See methodology.

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