Hat Forms in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $3.73M in Hat Forms, making it the 7th largest exporter of Hat Forms in the world. At the same year, Hat Forms was the 147th most exported product in Ecuador. The main destination of Hat Forms exports from Ecuador are: Mexico ($1.72M), United States ($775k), Italy ($655k), Brazil ($111k), and Colombia ($96.2k).

The fastest growing export markets for Hat Forms of Ecuador between 2021 and 2022 were Italy ($440k), United States ($244k), and Brazil ($69.3k).

Imports In 2022, Ecuador imported $1.86M in Hat Forms, becoming the 13th largest importer of Hat Forms in the world. At the same year, Hat Forms was the 678th most imported product in Ecuador. Ecuador imports Hat Forms primarily from: Poland ($1.56M), Czechia ($219k), Bolivia ($43.2k), Portugal ($22.3k), and Spain ($10.1k).

The fastest growing import markets in Hat Forms for Ecuador between 2021 and 2022 were Poland ($722k), Spain ($10.1k), and Bolivia ($1.09k).

Latest Trends

December 2021

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Overview In December 2021 Ecuador's Hat Forms exports accounted up to $127k and imports accounted up to $200k, resulting in a negative trade balance of $72.4k. Between December 2020 and December 2021 the exports of Ecuador's Hat Forms have decreased by $-200k (-61.1%) from $327k to $127k, while imports increased by $83.6k (72.1%) from $116k to $200k.

Destinations In December 2021, Hat Forms were exported mostly to Mexico ($95.3k), United States ($31.9k), and Panama ($4.3), and were imported mostly from Czechia ($87.3k), Poland ($82k), Portugal ($24.1k), and Bolivia ($6.15k).

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

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2020 - December 2021)$-200k(-61.1%)

IMPORT GROWTH (December 2020 - December 2021)$83.6k(72.1%)

MAIN DESTINATION (December 2021)Mexico$95.3k

This section shows Hat Forms'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 Hat Forms over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$3.73M

IMPORTS (2022)$1.86M

NET TRADE (2022)$1.87M

In 2022, Ecuador exported $3.73M in Hat Forms. The main destinations of Ecuador exports on Hat Forms were Mexico ($1.72M), United States ($775k), Italy ($655k), Brazil ($111k), and Colombia ($96.2k).

In 2022, Ecuador imported $1.86M in Hat Forms, mainly from Poland ($1.56M), Czechia ($219k), Bolivia ($43.2k), Portugal ($22.3k), and Spain ($10.1k).

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