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2022
Exports $408kWorld Rnk 66 / 176
Flag Rnk 378 / 1017
2022
Destination $24k Guatemala
2021 - 2022
FASTEST GROWING MARKET $24kPeru
2022
PRODUCT COMPLEXITY IN Eyewear Frames0.72Rnk 267 / 1025
2022
Imports $12.7MWorld Rnk 52 / 212
Flag Rnk 328 / 1175
2022
Origin $518k China
2021 - 2022
FASTEST GROWING ORIGIN $518kChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $408k in Eyewear Frames, making it the 66th largest exporter of Eyewear Frames in the world. At the same year, Eyewear Frames was the 378th most exported product in Ecuador. The main destination of Eyewear Frames exports from Ecuador are: Guatemala ($154k), Colombia ($105k), El Salvador ($65.2k), Peru ($27.9k), and Panama ($20.7k).

The fastest growing export markets for Eyewear Frames of Ecuador between 2021 and 2022 were Peru ($24k), Panama ($20.7k), and Costa Rica ($14.2k).

Imports In 2022, Ecuador imported $12.7M in Eyewear Frames, becoming the 52nd largest importer of Eyewear Frames in the world. At the same year, Eyewear Frames was the 328th most imported product in Ecuador. Ecuador imports Eyewear Frames primarily from: China ($6.64M), Italy ($2.36M), Peru ($1.49M), United States ($957k), and Panama ($303k).

The fastest growing import markets in Eyewear Frames for Ecuador between 2021 and 2022 were China ($518k), Italy ($361k), and United States ($215k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Eyewear Frames exports accounted up to $53.6k and imports accounted up to $873k, resulting in a negative trade balance of $819k. Between October 2020 and December 2021 the exports of Ecuador's   Eyewear Frames have increased by $6.34k (13.4%) from $47.3k to $53.6k, while imports increased by $175k (25.1%) from $697k to $873k.

Destinations In December 2021, Eyewear Frames were exported mostly to El Salvador ($53.6k), and were imported mostly from China ($642k), Italy ($104k), United States ($63.9k), Brazil ($39.1k), and France ($11.5k).

Growth In December 2021, the increase in Eyewear Frames's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Eyewear Frames's year-by-year imports was explained primarily by an increase in imports from Japan ($26.7k or 19.3k%), Panama ($18.7k or 152%), and France ($9.02k or 329%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2020 - December 2021)$6.34k(13.4%)
IMPORT GROWTH (December 2020 - December 2021)$175k(25.1%)
MAIN DESTINATION (December 2021)El Salvador$53.6k

This section shows Eyewear Frames'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 Eyewear Frames over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$408k
IMPORTS (2022)$12.7M
NET TRADE (2022)-$12.3M

In 2022, Ecuador exported $408k in Eyewear Frames. The main destinations of Ecuador exports on Eyewear Frames were Guatemala ($154k), Colombia ($105k), El Salvador ($65.2k), Peru ($27.9k), and Panama ($20.7k).

In 2022, Ecuador imported $12.7M in Eyewear Frames, mainly from China ($6.64M), Italy ($2.36M), Peru ($1.49M), United States ($957k), and Panama ($303k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Eyewear Frames EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Peru$24k (612%)
Panama$20.7k (1%)
Costa Rica$14.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Eyewear Frames BY Ecuador WERE (2021 - 2022):
Guatemala-$86.9k (-36.1%)
El Salvador-$67.5k (-50.9%)
Nicaragua-$30.7k (-73.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Eyewear Frames were:
China $3.06B
Italy $1.51B
Japan $223M
In 2022, Ecuador's main importing competitors in Eyewear Frames were:
United States $1.16B
Italy $619M
Hong Kong $527M

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Trade Value of Eyewear Frames by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.23k
TOP IMPORT POTENTIALChina+ $817k

Eyewear Frames’s highest export potential is United States. With an export gap of $1.23k.   Eyewear Frames’s highest import potential is China with an import gap of $817k.

See methodology.

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