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2022
Exports $339kWorld Rnk 62 / 133
Flag Rnk 399 / 1017
2022
Destination $13k Dominican Republic
2021 - 2022
FASTEST GROWING MARKET $13kUnited States
2022
PRODUCT COMPLEXITY IN Felt0.56Rnk 340 / 1025
2022
Imports $2.35MWorld Rnk 79 / 206
Flag Rnk 639 / 1175
2022
Origin $546k China
2021 - 2022
FASTEST GROWING ORIGIN $546kFrance
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $339k in Felt, making it the 62nd largest exporter of Felt in the world. At the same year, Felt was the 399th most exported product in Ecuador. The main destination of Felt exports from Ecuador are: Dominican Republic ($325k), United States ($13k), Philippines ($637), and Switzerland ($553).

The fastest growing export markets for Felt of Ecuador between 2021 and 2022 were United States ($13k), Philippines ($637), and Switzerland ($553).

Imports In 2022, Ecuador imported $2.35M in Felt, becoming the 79th largest importer of Felt in the world. At the same year, Felt was the 639th most imported product in Ecuador. Ecuador imports Felt primarily from: China ($641k), France ($601k), United States ($350k), Mexico ($316k), and Colombia ($239k).

The fastest growing import markets in Felt for Ecuador between 2021 and 2022 were France ($546k), China ($347k), and Mexico ($186k).

Latest Trends

August 2021

About

Overview In August 2021 Ecuador's Felt exports accounted up to $10.8k and imports accounted up to $62.6k, resulting in a negative trade balance of $51.8k. Between November 2017 and August 2021 the exports of Ecuador's   Felt have decreased by $-892 (-7.63%) from $11.7k to $10.8k, while imports increased by $4.68k (8.08%) from $57.9k to $62.6k.

Destinations In August 2021, Felt were exported mostly to , and were imported mostly from Colombia ($58.3k), China ($1.94k), United States ($1.87k), and Mexico ($492).

Growth In August 2021, the decrease in Felt's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Felt's year-by-year imports was explained primarily by an increase in imports from Peru ($39.1k or 159%) and China ($6.09k or 106%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2017 - August 2021)$-892(-7.63%)
IMPORT GROWTH (December 2020 - December 2021)$4.68k(8.08%)
MAIN DESTINATION (August 2021)

This section shows Felt'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 Felt over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$339k
IMPORTS (2022)$2.35M
NET TRADE (2022)-$2.01M

In 2022, Ecuador exported $339k in Felt. The main destinations of Ecuador exports on Felt were Dominican Republic ($325k), United States ($13k), Philippines ($637), and Switzerland ($553).

In 2022, Ecuador imported $2.35M in Felt, mainly from China ($641k), France ($601k), United States ($350k), Mexico ($316k), and Colombia ($239k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Felt EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$13k (1%)
Philippines$637 (1%)
Switzerland$553 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt BY Ecuador WERE (2021 - 2022):
Peru-$39.9k (-100%)
Bolivia-$22k (-100%)
Colombia-$5.62k (-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 Felt were:
China $295M
Germany $252M
United States $113M
In 2022, Ecuador's main importing competitors in Felt were:
United States $169M
Germany $85.4M
Mexico $64.4M

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Trade Value of Felt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.2k
TOP IMPORT POTENTIALChina+ $99.1k

Felt’s highest export potential is United States. With an export gap of $14.2k.   Felt’s highest import potential is China with an import gap of $99.1k.

See methodology.

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