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2022
Exports $840kWorld Rnk 94 / 187
Flag Rnk 289 / 1017
2022
Destination $36.5k Colombia
2021 - 2022
FASTEST GROWING MARKET $36.5kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Iron Pipes-0.034Rnk 558 / 1025
2022
Imports $212MWorld Rnk 38 / 221
Flag Rnk 20 / 1175
2022
Origin $77.9M China
2021 - 2022
FASTEST GROWING ORIGIN $77.9MChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $840k in Iron Pipes, making it the 94th largest exporter of Iron Pipes in the world. At the same year, Iron Pipes was the 289th most exported product in Ecuador. The main destination of Iron Pipes exports from Ecuador are: Colombia ($692k), United States ($84.1k), United Kingdom ($36.5k), Peru ($13k), and Netherlands ($3.68k).

The fastest growing export markets for Iron Pipes of Ecuador between 2021 and 2022 were United Kingdom ($36.5k), United States ($13.2k), and Kazakhstan ($2.05k).

Imports In 2022, Ecuador imported $212M in Iron Pipes, becoming the 38th largest importer of Iron Pipes in the world. At the same year, Iron Pipes was the 20th most imported product in Ecuador. Ecuador imports Iron Pipes primarily from: China ($124M), Colombia ($40.5M), Mexico ($21.1M), Romania ($9.95M), and Italy ($6.66M).

The fastest growing import markets in Iron Pipes for Ecuador between 2021 and 2022 were China ($77.9M), Colombia ($22.4M), and Mexico ($14.7M).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Iron Pipes exports accounted up to $34.4k and imports accounted up to $10.3M, resulting in a negative trade balance of $10.3M. Between October 2020 and December 2021 the exports of Ecuador's   Iron Pipes have decreased by $-517k (-93.8%) from $551k to $34.4k, while imports increased by $8.47M (464%) from $1.83M to $10.3M.

Destinations In December 2021, Iron Pipes were exported mostly to United States ($18.1k), Peru ($9.14k), Canada ($6.37k), and Panama ($800), and were imported mostly from China ($3.73M), Argentina ($2.03M), Colombia ($1.44M), Romania ($1.29M), and Mexico ($660k).

Growth In December 2021, the decrease in Iron Pipes's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Iron Pipes's year-by-year imports was explained primarily by an increase in imports from Romania ($1.73M or 304%), United States ($179k or 93.7%), and South Korea ($11.3k or 167%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2020 - December 2021)$-517k(-93.8%)
IMPORT GROWTH (December 2020 - December 2021)$8.47M(464%)
MAIN DESTINATION (December 2021)United States$18.1k

This section shows Iron Pipes'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 Iron Pipes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$840k
IMPORTS (2022)$212M
NET TRADE (2022)-$212M

In 2022, Ecuador exported $840k in Iron Pipes. The main destinations of Ecuador exports on Iron Pipes were Colombia ($692k), United States ($84.1k), United Kingdom ($36.5k), Peru ($13k), and Netherlands ($3.68k).

In 2022, Ecuador imported $212M in Iron Pipes, mainly from China ($124M), Colombia ($40.5M), Mexico ($21.1M), Romania ($9.95M), and Italy ($6.66M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Pipes EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United Kingdom$36.5k (1%)
United States$13.2k (18.6%)
Kazakhstan$2.05k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Pipes BY Ecuador WERE (2021 - 2022):
China-$3.48M (-100%)
Canada-$740k (-99.9%)
Colombia-$561k (-44.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Iron Pipes were:
China $8.49B
Japan $2.88B
Germany $2.46B
In 2022, Ecuador's main importing competitors in Iron Pipes were:
United States $4.8B
Canada $1.35B
Germany $1.26B

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Trade Value of Iron Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $149k
TOP IMPORT POTENTIALItaly+ $1.83M

Iron Pipes’s highest export potential is Colombia. With an export gap of $149k.   Iron Pipes’s highest import potential is Italy with an import gap of $1.83M.

See methodology.

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