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2022
Exports $2.75MWorld Rnk 36 / 122
Flag Rnk 174 / 1017
2022
Destination $123k China
2021 - 2022
FASTEST GROWING MARKET $123kSpain
2022
Imports $242kWorld Rnk 86 / 191
Flag Rnk 949 / 1175
2022
Origin $46.6k China
2021 - 2022
FASTEST GROWING ORIGIN $46.6kColombia
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $2.75M in Densified Wood, making it the 36th largest exporter of Densified Wood in the world. At the same year, Densified Wood was the 174th most exported product in Ecuador. The main destination of Densified Wood exports from Ecuador are: China ($2.55M), Spain ($196k), United States ($6.43k), Vietnam ($4.61k), and Panama ($4).

The fastest growing export markets for Densified Wood of Ecuador between 2021 and 2022 were Spain ($123k), United States ($6.43k), and Vietnam ($1.23k).

Imports In 2022, Ecuador imported $242k in Densified Wood, becoming the 86th largest importer of Densified Wood in the world. At the same year, Densified Wood was the 949th most imported product in Ecuador. Ecuador imports Densified Wood primarily from: China ($166k), Colombia ($46.6k), United States ($13k), Canada ($6.53k), and Turkey ($5.29k).

The fastest growing import markets in Densified Wood for Ecuador between 2021 and 2022 were Colombia ($46.6k), China ($46.2k), and Canada ($6.53k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Densified Wood exports accounted up to $388k and imports accounted up to $12k, resulting in a positive trade balance of $376k. Between September 2020 and December 2021 the exports of Ecuador's   Densified Wood have decreased by $-414k (-51.6%) from $802k to $388k, while imports increased by $1.25k (11.7%) from $10.8k to $12k.

Destinations In December 2021, Densified Wood were exported mostly to China ($388k), and were imported mostly from Turkey ($10.2k), Spain ($1.78k), and China ($43).

Growth In December 2021, the decrease in Densified Wood's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Densified Wood's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2020 - December 2021)$-414k(-51.6%)
IMPORT GROWTH (September 2020 - December 2021)$1.25k(11.7%)
MAIN DESTINATION (December 2021)China$388k

This section shows Densified Wood'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 Densified Wood over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.75M
IMPORTS (2022)$242k
NET TRADE (2022)$2.51M

In 2022, Ecuador exported $2.75M in Densified Wood. The main destinations of Ecuador exports on Densified Wood were China ($2.55M), Spain ($196k), United States ($6.43k), Vietnam ($4.61k), and Panama ($4).

In 2022, Ecuador imported $242k in Densified Wood, mainly from China ($166k), Colombia ($46.6k), United States ($13k), Canada ($6.53k), and Turkey ($5.29k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Densified Wood EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Spain$123k (168%)
United States$6.43k (1%)
Vietnam$1.23k (36.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Densified Wood BY Ecuador WERE (2021 - 2022):
China-$1.52M (-37.4%)
India-$77k (-100%)
Canada-$1.52k (-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 Densified Wood were:
Germany $50.1M
Angola $49.6M
Netherlands $38.5M
In 2022, Ecuador's main importing competitors in Densified Wood were:
Germany $77.1M
United States $51M
France $40.3M

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Trade Value of Densified Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.3k
TOP IMPORT POTENTIALChina+ $4.17k

Densified Wood’s highest export potential is United States. With an export gap of $11.3k.   Densified Wood’s highest import potential is China with an import gap of $4.17k.

See methodology.

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