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Pricing

2022
Exports $24.4kWorld Rnk 103 / 198
Flag Rnk 700 / 1017
2022
Destination $10.2k Colombia
2021 - 2022
FASTEST GROWING MARKET $10.2kColombia
2022
PRODUCT COMPLEXITY IN Electrical Resistors0.88Rnk 215 / 1025
2022
Imports $3.08MWorld Rnk 73 / 214
Flag Rnk 580 / 1175
2022
Origin $641k China
2021 - 2022
FASTEST GROWING ORIGIN $641kChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $24.4k in Electrical Resistors, making it the 103rd largest exporter of Electrical Resistors in the world. At the same year, Electrical Resistors was the 700th most exported product in Ecuador. The main destination of Electrical Resistors exports from Ecuador are: Colombia ($11.8k), Poland ($7.96k), Germany ($1.46k), Kazakhstan ($967), and Guatemala ($944).

The fastest growing export markets for Electrical Resistors of Ecuador between 2021 and 2022 were Colombia ($10.2k), Poland ($3.52k), and Germany ($1.46k).

Imports In 2022, Ecuador imported $3.08M in Electrical Resistors, becoming the 73rd largest importer of Electrical Resistors in the world. At the same year, Electrical Resistors was the 580th most imported product in Ecuador. Ecuador imports Electrical Resistors primarily from: China ($1.78M), Mexico ($436k), United States ($293k), Brazil ($88.5k), and Germany ($62.1k).

The fastest growing import markets in Electrical Resistors for Ecuador between 2021 and 2022 were China ($641k), Egypt ($26.3k), and Colombia ($18.9k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Electrical Resistors exports accounted up to $28.2 and imports accounted up to $268k, resulting in a negative trade balance of $268k. Between November 2020 and December 2021 the exports of Ecuador's   Electrical Resistors have decreased by $-46.7 (-62.4%) from $74.9 to $28.2, while imports decreased by $-22.6k (-7.79%) from $290k to $268k.

Destinations In December 2021, Electrical Resistors were exported mostly to Dominican Republic ($28.2), and were imported mostly from Mexico ($115k), China ($56.7k), United States ($45.8k), Italy ($12.8k), and Vietnam ($9.11k).

Growth In December 2021, the decrease in Electrical Resistors's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the decrease in Electrical Resistors's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-3.26k or -95.3%), Colombia ($-2.05k or -82.5%), and Thailand ($-1.62k or -88.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2020 - December 2021)$-46.7(-62.4%)
IMPORT GROWTH (December 2020 - December 2021)$-22.6k(-7.79%)
MAIN DESTINATION (December 2021)Dominican Republic$28.2

This section shows Electrical Resistors'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 Electrical Resistors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$24.4k
IMPORTS (2022)$3.08M
NET TRADE (2022)-$3.06M

In 2022, Ecuador exported $24.4k in Electrical Resistors. The main destinations of Ecuador exports on Electrical Resistors were Colombia ($11.8k), Poland ($7.96k), Germany ($1.46k), Kazakhstan ($967), and Guatemala ($944).

In 2022, Ecuador imported $3.08M in Electrical Resistors, mainly from China ($1.78M), Mexico ($436k), United States ($293k), Brazil ($88.5k), and Germany ($62.1k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Resistors EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Colombia$10.2k (625%)
Poland$3.52k (79.4%)
Germany$1.46k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Resistors BY Ecuador WERE (2021 - 2022):
United States-$8.01k (-98.6%)
Cuba-$5.06k (-100%)
Chile-$1.76k (-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 Electrical Resistors were:
China $4.72B
Germany $1.33B
Japan $1.08B
In 2022, Ecuador's main importing competitors in Electrical Resistors were:
China $2.95B
Hong Kong $1.53B
United States $1.27B

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Trade Value of Electrical Resistors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $6.29k
TOP IMPORT POTENTIALChina+ $190k

Electrical Resistors’s highest export potential is Poland. With an export gap of $6.29k.   Electrical Resistors’s highest import potential is China with an import gap of $190k.

See methodology.

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