NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $121kWorld Rnk 96 / 205
Flag Rnk 502 / 1002
2023
Destination $46.7k Malaysia
2022 - 2023
FASTEST GROWING MARKET $46.7kMalaysia
2023
PRODUCT COMPLEXITY IN Gaskets1.46Rnk 51 / 1025
2023
Imports $19.2MWorld Rnk 55 / 224
Flag Rnk 236 / 1173
2023
Origin $617k United States
2022 - 2023
FASTEST GROWING ORIGIN $617kJapan
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $121k in Gaskets, making it the 96th largest exporter of Gaskets in the world. At the same year, Gaskets was the 502nd most exported product in Ecuador. The main destination of Gaskets exports from Ecuador are: Malaysia ($46.7k), United States ($29.1k), Panama ($8.79k), Netherlands ($8.53k), and Colombia ($4.94k).

The fastest growing export markets for Gaskets of Ecuador between 2022 and 2023 were Malaysia ($46.7k), Panama ($5.57k), and Burkina Faso ($3.37k).

Imports In 2023, Ecuador imported $19.2M in Gaskets, becoming the 55th largest importer of Gaskets in the world. At the same year, Gaskets was the 236th most imported product in Ecuador. Ecuador imports Gaskets primarily from: United States ($4.06M), Japan ($3.43M), China ($2.31M), Peru ($2.05M), and South Korea ($1.17M).

The fastest growing import markets in Gaskets for Ecuador between 2022 and 2023 were Japan ($617k), Italy ($355k), and Peru ($143k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Gaskets exports accounted up to $18.6k and imports accounted up to $1.42M, resulting in a negative trade balance of $1.41M. Between November 2020 and December 2021 the exports of Ecuador's   Gaskets have increased by $9.09k (95.8%) from $9.49k to $18.6k, while imports decreased by $-241k (-14.5%) from $1.67M to $1.42M.

Destinations In December 2021, Gaskets were exported mostly to United States ($11k), Colombia ($3.61k), Chile ($2.61k), Brazil ($1.04k), and Belgium ($346), and were imported mostly from United States ($319k), China ($290k), Japan ($168k), Brazil ($114k), and Germany ($79.4k).

Growth In December 2021, the increase in Gaskets's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the decrease in Gaskets's year-by-year imports was explained primarily by a decrease in imports from Brazil ($-163k or -86.5%), Peru ($-98.3k or -54.8%), and Japan ($-73.9k or -22.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2020 - December 2021)$9.09k(95.8%)
IMPORT GROWTH (December 2020 - December 2021)$-241k(-14.5%)
MAIN DESTINATION (December 2021)United States$11k

This section shows Gaskets'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 Gaskets 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 (2023)$121k
IMPORTS (2023)$19.2M
NET TRADE (2023)-$19.1M

In 2023, Ecuador exported $121k in Gaskets. The main destinations of Ecuador exports on Gaskets were Malaysia ($46.7k), United States ($29.1k), Panama ($8.79k), Netherlands ($8.53k), and Colombia ($4.94k).

In 2023, Ecuador imported $19.2M in Gaskets, mainly from United States ($4.06M), Japan ($3.43M), China ($2.31M), Peru ($2.05M), and South Korea ($1.17M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gaskets EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Malaysia$46.7k (1%)
Panama$5.57k (173%)
Burkina Faso$3.37k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gaskets BY Ecuador WERE (2022 - 2023):
United States-$8.38k (-22.3%)
Chile-$2.71k (-100%)
Canada-$1.96k (-31.2%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Gaskets were:
United States $933M
Germany $929M
China $516M
In 2023, Ecuador's main importing competitors in Gaskets were:
United States $500M
Germany $317M
China $299M

Explore Visualizations

Trade Value of Gaskets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $23.2k
TOP IMPORT POTENTIALUnited States+ $787k

Gaskets’s highest export potential is United States. With an export gap of $23.2k.   Gaskets’s highest import potential is United States with an import gap of $787k.

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