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2023
Exports $605kWorld Rnk 86 / 165
Flag Rnk 306 / 1002
2023
Destination $71.4k Peru
2022 - 2023
FASTEST GROWING MARKET $71.4kColombia
2023
PRODUCT COMPLEXITY IN Hydrogen-0.073Rnk 582 / 1025
2023
Imports $2.93MWorld Rnk 93 / 217
Flag Rnk 579 / 1173
2023
Origin $522k United States
2022 - 2023
FASTEST GROWING ORIGIN $522kChina
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $605k in Hydrogen, making it the 86th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 306th most exported product in Ecuador. The main destination of Hydrogen exports from Ecuador are: Peru ($522k), Colombia ($75.5k), Brazil ($6.64k), United States ($1.03k), and Netherlands ($127).

The fastest growing export markets for Hydrogen of Ecuador between 2022 and 2023 were Colombia ($71.4k), Brazil ($6.64k), and Netherlands ($127).

Imports In 2023, Ecuador imported $2.93M in Hydrogen, becoming the 93rd largest importer of Hydrogen in the world. At the same year, Hydrogen was the 579th most imported product in Ecuador. Ecuador imports Hydrogen primarily from: United States ($1.23M), China ($939k), Colombia ($171k), Chile ($116k), and Italy ($79k).

The fastest growing import markets in Hydrogen for Ecuador between 2022 and 2023 were China ($522k), United States ($358k), and France ($42k).

COMPANIES In 2021, leading companies such as Goya Foods (1) were at the forefront of shipping Hydrogen from Ecuador to the United States.

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Hydrogen exports accounted up to $48.4k and imports accounted up to $317k, resulting in a negative trade balance of $268k. Between December 2020 and December 2021 the exports of Ecuador's   Hydrogen have decreased by $-32.6k (-40.2%) from $81k to $48.4k, while imports decreased by $-11.8k (-3.6%) from $329k to $317k.

Destinations In December 2021, Hydrogen were exported mostly to Peru ($48.2k) and Rest of the world ($188), and were imported mostly from China ($209k), United States ($74.7k), Colombia ($17k), Panama ($14.6k), and United Kingdom ($1.75k).

Growth In December 2021, the decrease in Hydrogen's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the decrease in Hydrogen's year-by-year imports was explained primarily by a decrease in imports from Germany ($-1.35k or -19.4%) and United Kingdom ($-368 or -25.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-32.6k(-40.2%)
IMPORT GROWTH (December 2020 - December 2021)$-11.8k(-3.6%)
MAIN DESTINATION (December 2021)Peru$48.2k

This section shows Hydrogen'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 Hydrogen over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$605k
IMPORTS (2023)$2.93M
NET TRADE (2023)-$2.32M

In 2023, Ecuador exported $605k in Hydrogen. The main destinations of Ecuador exports on Hydrogen were Peru ($522k), Colombia ($75.5k), Brazil ($6.64k), United States ($1.03k), and Netherlands ($127).

In 2023, Ecuador imported $2.93M in Hydrogen, mainly from United States ($1.23M), China ($939k), Colombia ($171k), Chile ($116k), and Italy ($79k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Colombia$71.4k (1.74k%)
Brazil$6.64k (1%)
Netherlands$127 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Ecuador WERE (2022 - 2023):
Peru-$455k (-46.6%)
United States-$117k (-99.1%)
Panama-$1.7k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Hydrogen were:
United States $2.15B
Germany $1.95B
China $1.93B
In 2023, Ecuador's main importing competitors in Hydrogen were:
China $2.1B
Japan $1.45B
Germany $1.27B

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Trade Value of Hydrogen by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $258k
TOP IMPORT POTENTIALUnited States+ $340k

Hydrogen’s highest export potential is United States. With an export gap of $258k.   Hydrogen’s highest import potential is United States with an import gap of $340k.

See methodology.

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