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2023
Exports $6.16kWorld Rnk 98 / 135
Flag Rnk 810 / 1002
2023
Destination $150 United States
2022 - 2023
FASTEST GROWING MARKET $150Cuba
2023
PRODUCT COMPLEXITY IN Iron Radiators0.66Rnk 300 / 1025
2023
Imports $424kWorld Rnk 96 / 203
Flag Rnk 874 / 1173
2023
Origin $23.6k China
2022 - 2023
FASTEST GROWING ORIGIN $23.6kUnited States
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $6.16k in Iron Radiators, making it the 98th largest exporter of Iron Radiators in the world. At the same year, Iron Radiators was the 810th most exported product in Ecuador. The main destination of Iron Radiators exports from Ecuador are: United States ($5.71k), Guatemala ($306), and Cuba ($150).

The fastest growing export markets for Iron Radiators of Ecuador between 2022 and 2023 were Cuba ($150).

Imports In 2023, Ecuador imported $424k in Iron Radiators, becoming the 96th largest importer of Iron Radiators in the world. At the same year, Iron Radiators was the 874th most imported product in Ecuador. Ecuador imports Iron Radiators primarily from: China ($260k), United States ($58.8k), United Kingdom ($48.6k), Italy ($23.9k), and Japan ($8.97k).

The fastest growing import markets in Iron Radiators for Ecuador between 2022 and 2023 were United States ($23.6k), China ($18k), and Hong Kong ($7.7k).

Latest Trends

November 2019

About

Overview In November 2019 Ecuador's Iron Radiators exports accounted up to $19.4k and imports accounted up to $2.07k, resulting in a positive trade balance of $17.4k. Between December 2013 and November 2019 the exports of Ecuador's   Iron Radiators have increased by $19.4k (39.1k%) from $49.5 to $19.4k, while imports decreased by $-169k (-98.8%) from $171k to $2.07k.

Destinations In November 2019, Iron Radiators were exported mostly to , and were imported mostly from China ($1.92k) and Japan ($150).

Growth In November 2019, the increase in Iron Radiators's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the decrease in Iron Radiators's year-by-year imports was explained primarily by a decrease in imports from United States ($-18k or -78.6%) and Japan ($-1.08k or -58.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2013 - November 2019)$19.4k(39.1k%)
IMPORT GROWTH (December 2020 - December 2021)$-169k(-98.8%)
MAIN DESTINATION (November 2019)

This section shows Iron Radiators'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 Radiators over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.16k
IMPORTS (2023)$424k
NET TRADE (2023)-$417k

In 2023, Ecuador exported $6.16k in Iron Radiators. The main destinations of Ecuador exports on Iron Radiators were United States ($5.71k), Guatemala ($306), and Cuba ($150).

In 2023, Ecuador imported $424k in Iron Radiators, mainly from China ($260k), United States ($58.8k), United Kingdom ($48.6k), Italy ($23.9k), and Japan ($8.97k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Radiators EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):Cuba$150 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Radiators BY Ecuador WERE (2022 - 2023):
United States-$19.6k (-77.4%)
Guatemala-$255 (-45.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Iron Radiators were:
Mexico $588M
Turkey $513M
United States $401M
In 2023, Ecuador's main importing competitors in Iron Radiators were:
United States $859M
Canada $454M
United Kingdom $384M

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Trade Value of Iron Radiators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $31.2k
TOP IMPORT POTENTIALChina+ $65.1k

Iron Radiators’s highest export potential is United States. With an export gap of $31.2k.   Iron Radiators’s highest import potential is China with an import gap of $65.1k.

See methodology.

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