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2022
Exports $175kWorld Rnk 99 / 184
Flag Rnk 480 / 1017
2022
Destination $32.2k Bolivia
2021 - 2022
FASTEST GROWING MARKET $32.2kCosta Rica
2022
PRODUCT COMPLEXITY IN Knit Men's Coats-1.3Rnk 907 / 1025
2022
Imports $2.44MWorld Rnk 77 / 209
Flag Rnk 626 / 1175
2022
Origin $119k China
2021 - 2022
FASTEST GROWING ORIGIN $119kChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $175k in Knit Men's Coats, making it the 99th largest exporter of Knit Men's Coats in the world. At the same year, Knit Men's Coats was the 480th most exported product in Ecuador. The main destination of Knit Men's Coats exports from Ecuador are: Bolivia ($58.1k), Costa Rica ($39.1k), United States ($21.2k), Peru ($18.9k), and Netherlands ($16.7k).

The fastest growing export markets for Knit Men's Coats of Ecuador between 2021 and 2022 were Costa Rica ($32.2k), Bolivia ($16.1k), and Netherlands ($13.8k).

Imports In 2022, Ecuador imported $2.44M in Knit Men's Coats, becoming the 77th largest importer of Knit Men's Coats in the world. At the same year, Knit Men's Coats was the 626th most imported product in Ecuador. Ecuador imports Knit Men's Coats primarily from: China ($773k), Cambodia ($214k), Vietnam ($196k), Spain ($182k), and Colombia ($162k).

The fastest growing import markets in Knit Men's Coats for Ecuador between 2021 and 2022 were China ($119k), Colombia ($92k), and Peru ($62k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Knit Men's Coats exports accounted up to $12.3k and imports accounted up to $159k, resulting in a negative trade balance of $147k. Between December 2020 and December 2021 the exports of Ecuador's   Knit Men's Coats have increased by $1.38k (12.7%) from $10.9k to $12.3k, while imports decreased by $-24.2k (-13.2%) from $183k to $159k.

Destinations In December 2021, Knit Men's Coats were exported mostly to Peru ($11.5k), Italy ($756), and Panama ($2.5), and were imported mostly from China ($70.4k), Cambodia ($21.5k), Colombia ($15.6k), Bangladesh ($15k), and Vietnam ($10.4k).

Growth In December 2021, the increase in Knit Men's Coats's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the decrease in Knit Men's Coats's year-by-year imports was explained primarily by a decrease in imports from Pakistan ($-37.5k or -87.7%), China ($-10.5k or -36.6%), and Vietnam ($-7.22k or -29.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$1.38k(12.7%)
IMPORT GROWTH (December 2020 - December 2021)$-24.2k(-13.2%)
MAIN DESTINATION (December 2021)Peru$11.5k

This section shows Knit Men's Coats'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 Knit Men's Coats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$175k
IMPORTS (2022)$2.44M
NET TRADE (2022)-$2.27M

In 2022, Ecuador exported $175k in Knit Men's Coats. The main destinations of Ecuador exports on Knit Men's Coats were Bolivia ($58.1k), Costa Rica ($39.1k), United States ($21.2k), Peru ($18.9k), and Netherlands ($16.7k).

In 2022, Ecuador imported $2.44M in Knit Men's Coats, mainly from China ($773k), Cambodia ($214k), Vietnam ($196k), Spain ($182k), and Colombia ($162k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Coats EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Costa Rica$32.2k (461%)
Bolivia$16.1k (38.4%)
Netherlands$13.8k (486%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Coats BY Ecuador WERE (2021 - 2022):
Peru-$42.7k (-69.3%)
United States-$41.5k (-66.2%)
Paraguay-$17.4k (-99.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Knit Men's Coats were:
China $843M
Vietnam $460M
Bangladesh $301M
In 2022, Ecuador's main importing competitors in Knit Men's Coats were:
United States $975M
Germany $495M
United Kingdom $214M

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Trade Value of Knit Men's Coats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $38.4k
TOP IMPORT POTENTIALChina+ $87.8k

Knit Men's Coats’s highest export potential is United States. With an export gap of $38.4k.   Knit Men's Coats’s highest import potential is China with an import gap of $87.8k.

See methodology.

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