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Pricing

2022
Exports $63.8kWorld Rnk 71 / 108
Flag Rnk 592 / 1017
2022
Destination $29.7k Colombia
2021 - 2022
FASTEST GROWING MARKET $29.7kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Glass Working Machines1.35Rnk 82 / 1025
2022
Imports $666kWorld Rnk 87 / 182
Flag Rnk 832 / 1175
2022
Origin $115k United States
2021 - 2022
FASTEST GROWING ORIGIN $115kUnited States
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $63.8k in Glass Working Machines, making it the 71st largest exporter of Glass Working Machines in the world. At the same year, Glass Working Machines was the 592nd most exported product in Ecuador. The main destination of Glass Working Machines exports from Ecuador are: Colombia ($31.9k), United Kingdom ($29.7k), and Peru ($2.12k).

The fastest growing export markets for Glass Working Machines of Ecuador between 2021 and 2022 were United Kingdom ($29.7k) and Peru ($1.82k).

Imports In 2022, Ecuador imported $666k in Glass Working Machines, becoming the 87th largest importer of Glass Working Machines in the world. At the same year, Glass Working Machines was the 832nd most imported product in Ecuador. Ecuador imports Glass Working Machines primarily from: United States ($355k), China ($80.7k), United Kingdom ($67.3k), Luxembourg ($57k), and Sweden ($35.9k).

The fastest growing import markets in Glass Working Machines for Ecuador between 2021 and 2022 were United States ($115k), United Kingdom ($30.2k), and Colombia ($14.2k).

Latest Trends

August 2021

About

Overview In August 2021 Ecuador's Glass Working Machines exports accounted up to $300 and imports accounted up to $49.9k, resulting in a negative trade balance of $49.6k. Between May 2017 and August 2021 the exports of Ecuador's   Glass Working Machines have decreased by $-2.7k (-90%) from $3k to $300, while imports increased by $23.1k (86.3%) from $26.8k to $49.9k.

Destinations In August 2021, Glass Working Machines were exported mostly to , and were imported mostly from United States ($22.9k), Malaysia ($13.5k), Sweden ($7.85k), China ($5.09k), and France ($670).

Growth In August 2021, the decrease in Glass Working Machines's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Glass Working Machines's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2017 - August 2021)$-2.7k(-90%)
IMPORT GROWTH (December 2020 - December 2021)$23.1k(86.3%)
MAIN DESTINATION (August 2021)

This section shows Glass Working Machines'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 Glass Working Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$63.8k
IMPORTS (2022)$666k
NET TRADE (2022)-$602k

In 2022, Ecuador exported $63.8k in Glass Working Machines. The main destinations of Ecuador exports on Glass Working Machines were Colombia ($31.9k), United Kingdom ($29.7k), and Peru ($2.12k).

In 2022, Ecuador imported $666k in Glass Working Machines, mainly from United States ($355k), China ($80.7k), United Kingdom ($67.3k), Luxembourg ($57k), and Sweden ($35.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Working Machines EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United Kingdom$29.7k (1%)
Peru$1.82k (606%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Working Machines BY Ecuador WERE (2021 - 2022):
Colombia-$15.9k (-33.3%)
Ethiopia-$193 (-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 Glass Working Machines were:
Singapore $1.21B
Germany $879M
Japan $691M
In 2022, Ecuador's main importing competitors in Glass Working Machines were:
United States $788M
Belgium $687M
Chinese Taipei $567M

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Trade Value of Glass Working Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $5.5k
TOP IMPORT POTENTIALChina+ $97.5k

Glass Working Machines’s highest export potential is United Kingdom. With an export gap of $5.5k.   Glass Working Machines’s highest import potential is China with an import gap of $97.5k.

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