2022
Exports
$7.64MWorld Rnk 85 / 208
Flag Rnk 104 / 1017
2022
PRODUCT COMPLEXITY IN Iron Structures
0.5Rnk 363 / 1025
2022
Imports
$54.4MWorld Rnk 112 / 224
Flag Rnk 97 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $7.64M in Iron Structures, making it the 85th largest exporter of Iron Structures in the world. At the same year, Iron Structures was the 104th most exported product in Ecuador. The main destination of Iron Structures exports from Ecuador are: Colombia ($3.27M), United States ($1.87M), Peru ($1.1M), Bolivia ($330k), and Canada ($299k).

The fastest growing export markets for Iron Structures of Ecuador between 2021 and 2022 were United States ($921k), Canada ($299k), and Brazil ($238k).

Imports In 2022, Ecuador imported $54.4M in Iron Structures, becoming the 112th largest importer of Iron Structures in the world. At the same year, Iron Structures was the 97th most imported product in Ecuador. Ecuador imports Iron Structures primarily from: China ($36.9M), Colombia ($4.37M), Spain ($3.69M), United States ($1.97M), and Germany ($1.09M).

The fastest growing import markets in Iron Structures for Ecuador between 2021 and 2022 were China ($23.8M), Colombia ($2.21M), and United States ($1.12M).

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-485k(-61.5%)
IMPORT GROWTH (December 2020 - December 2021)$918k(86.1%)
MAIN DESTINATION (December 2021)Colombia$135k

This section shows Iron Structures'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 Structures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.64M
IMPORTS (2022)$54.4M
NET TRADE (2022)-$46.8M

In 2022, Ecuador exported $7.64M in Iron Structures. The main destinations of Ecuador exports on Iron Structures were Colombia ($3.27M), United States ($1.87M), Peru ($1.1M), Bolivia ($330k), and Canada ($299k).

In 2022, Ecuador imported $54.4M in Iron Structures, mainly from China ($36.9M), Colombia ($4.37M), Spain ($3.69M), United States ($1.97M), and Germany ($1.09M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Structures EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$921k (97.3%)
Canada$299k (1%)
Brazil$238k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Structures BY Ecuador WERE (2021 - 2022):
Colombia-$2.41M (-42.5%)
Peru-$674k (-38.1%)
Ireland-$289k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Iron Structures were:
China $18.3B
Germany $5.23B
Poland $3.63B
In 2022, Ecuador's main importing competitors in Iron Structures were:

Explore Visualizations

Trade Value of Iron Structures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.04M
TOP IMPORT POTENTIALChina+ $5.52M

Iron Structures’s highest export potential is United States. With an export gap of $2.04M.   Iron Structures’s highest import potential is China with an import gap of $5.52M.

See methodology.

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