2022
Exports
$124kWorld Rnk 97 / 126
Flag Rnk 518 / 1017
falsefalse Colombia
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron Bars
-0.34Rnk 659 / 1025
2022
Imports
$15.1MWorld Rnk 97 / 210
Flag Rnk 297 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $124k in Hot-Rolled Iron Bars, making it the 97th largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 518th most exported product in Ecuador. The main destination of Hot-Rolled Iron Bars exports from Ecuador are: Colombia ($124k).

Imports In 2022, Ecuador imported $15.1M in Hot-Rolled Iron Bars, becoming the 97th largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 297th most imported product in Ecuador. Ecuador imports Hot-Rolled Iron Bars primarily from: Brazil ($12.4M), China ($2.41M), Chile ($160k), Colombia ($59.4k), and United States ($39.1k).

The fastest growing import markets in Hot-Rolled Iron Bars for Ecuador between 2021 and 2022 were Brazil ($7.6M), United States ($30.7k), and Germany ($3.18k).

Latest Trends

August 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2019 - August 2021)$-561k(-87.9%)
IMPORT GROWTH (December 2020 - December 2021)$-103k(-3.28%)
MAIN DESTINATION (August 2021)

This section shows Hot-Rolled Iron Bars'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 Hot-Rolled Iron Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$124k
IMPORTS (2022)$15.1M
NET TRADE (2022)-$15M

In 2022, Ecuador exported $124k in Hot-Rolled Iron Bars. The main destinations of Ecuador exports on Hot-Rolled Iron Bars were Colombia ($124k).

In 2022, Ecuador imported $15.1M in Hot-Rolled Iron Bars, mainly from Brazil ($12.4M), China ($2.41M), Chile ($160k), Colombia ($59.4k), and United States ($39.1k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron Bars BY Ecuador WERE (2021 - 2022):Colombia-$10.5k (-7.81%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Hot-Rolled Iron Bars were:
Germany $1.64B
China $1.62B
In 2022, Ecuador's main importing competitors in Hot-Rolled Iron Bars were:

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Trade Value of Hot-Rolled Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $654
TOP IMPORT POTENTIALChina+ $962k

Hot-Rolled Iron Bars’s highest export potential is United States. With an export gap of $654.   Hot-Rolled Iron Bars’s highest import potential is China with an import gap of $962k.

See methodology.

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