Sign In
Pricing

2022
Exports $16.8MWorld Rnk 72 / 223
Flag Rnk 76 / 1017
2022
Destination $4.19M United States
2021 - 2022
FASTEST GROWING MARKET $4.19MUnited States
2022
PRODUCT COMPLEXITY IN Electrical Transformers0.65Rnk 294 / 1025
2022
Imports $96.3MWorld Rnk 78 / 225
Flag Rnk 54 / 1175
2022
Origin $5.72M China
2021 - 2022
FASTEST GROWING ORIGIN $5.72MPanama
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $16.8M in Electrical Transformers, making it the 72nd largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 76th most exported product in Ecuador. The main destination of Electrical Transformers exports from Ecuador are: United States ($5.47M), Guatemala ($4.24M), Dominican Republic ($1.98M), Costa Rica ($1.48M), and Honduras ($1.47M).

The fastest growing export markets for Electrical Transformers of Ecuador between 2021 and 2022 were United States ($4.19M), Guatemala ($2.88M), and Dominican Republic ($1.41M).

Imports In 2022, Ecuador imported $96.3M in Electrical Transformers, becoming the 78th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 54th most imported product in Ecuador. Ecuador imports Electrical Transformers primarily from: China ($36.7M), United States ($19M), Panama ($5.75M), India ($4.56M), and Colombia ($3.94M).

The fastest growing import markets in Electrical Transformers for Ecuador between 2021 and 2022 were Panama ($5.72M), India ($3.86M), and China ($2.29M).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Electrical Transformers exports accounted up to $484k and imports accounted up to $7.46M, resulting in a negative trade balance of $6.98M. Between December 2020 and December 2021 the exports of Ecuador's   Electrical Transformers have increased by $183k (60.7%) from $301k to $484k, while imports increased by $2.37M (46.4%) from $5.1M to $7.46M.

Destinations In December 2021, Electrical Transformers were exported mostly to Guatemala ($176k), Honduras ($131k), El Salvador ($95.7k), Costa Rica ($73.9k), and Colombia ($5.73k), and were imported mostly from China ($2.87M), United States ($1.71M), Brazil ($825k), Colombia ($554k), and Singapore ($222k).

Growth In December 2021, the increase in Electrical Transformers's year-by-year exports was explained primarily by an increase in exports to Dominican Republic ($15.7k or 22.8%). In December 2021, the increase in Electrical Transformers's year-by-year imports was explained primarily by an increase in imports from Switzerland ($61.4k or 323%), Finland ($53k or 2.8k%), and Turkey ($51.5k or 287%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$183k(60.7%)
IMPORT GROWTH (December 2020 - December 2021)$2.37M(46.4%)
MAIN DESTINATION (December 2021)Guatemala$176k

This section shows Electrical Transformers'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 Transformers over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$16.8M
IMPORTS (2022)$96.3M
NET TRADE (2022)-$79.5M

In 2022, Ecuador exported $16.8M in Electrical Transformers. The main destinations of Ecuador exports on Electrical Transformers were United States ($5.47M), Guatemala ($4.24M), Dominican Republic ($1.98M), Costa Rica ($1.48M), and Honduras ($1.47M).

In 2022, Ecuador imported $96.3M in Electrical Transformers, mainly from China ($36.7M), United States ($19M), Panama ($5.75M), India ($4.56M), and Colombia ($3.94M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Transformers EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$4.19M (327%)
Guatemala$2.88M (212%)
Dominican Republic$1.41M (246%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Transformers BY Ecuador WERE (2021 - 2022):
Panama-$803k (-98.3%)
Nicaragua-$427k (-88.2%)
Angola-$95.8k (-100%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Electrical Transformers were:
China $54.1B
Germany $12.2B
United States $6.63B
In 2022, Ecuador's main importing competitors in Electrical Transformers were:
United States $23.5B
Germany $12.4B
China $9.37B

Explore Visualizations

Trade Value of Electrical Transformers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.82M
TOP IMPORT POTENTIALChina+ $17.8M

Electrical Transformers’s highest export potential is United States. With an export gap of $3.82M.   Electrical Transformers’s highest import potential is China with an import gap of $17.8M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms