Large Coated Flat-Rolled Iron in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $2.61M in Large Coated Flat-Rolled Iron, making it the 58th largest exporter of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 183rd most exported product in Ecuador. The main destination of Large Coated Flat-Rolled Iron exports from Ecuador are: Colombia ($2.56M), Spain ($39.8k), Peru ($362), and Panama ($3).

The fastest growing export markets for Large Coated Flat-Rolled Iron of Ecuador between 2021 and 2022 were Colombia ($1.23M), Spain ($16.8k), and Peru ($69).

Imports In 2022, Ecuador imported $7.72M in Large Coated Flat-Rolled Iron, becoming the 80th largest importer of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 419th most imported product in Ecuador. Ecuador imports Large Coated Flat-Rolled Iron primarily from: China ($6.08M), South Korea ($496k), United States ($407k), Belgium ($364k), and Colombia ($155k).

The fastest growing import markets in Large Coated Flat-Rolled Iron for Ecuador between 2021 and 2022 were China ($516k), United States ($106k), and Colombia ($83.3k).

COMPANIES In 2021, leading companies such as were at the forefront of shipping Large Coated Flat-Rolled Iron from Ecuador to the United States.

Latest Trends

December 2021

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Overview In December 2021 Ecuador's Large Coated Flat-Rolled Iron exports accounted up to $112k and imports accounted up to $712k, resulting in a negative trade balance of $599k. Between December 2020 and December 2021 the exports of Ecuador's Large Coated Flat-Rolled Iron have increased by $1.69k (1.53%) from $111k to $112k, while imports decreased by $-180k (-20.1%) from $891k to $712k.

Destinations In December 2021, Large Coated Flat-Rolled Iron were exported mostly to Colombia ($89.4k) and Spain ($23k), and were imported mostly from China ($582k), Taiwan ($56.5k), Colombia ($40.9k), and South Korea ($32.4k).

Growth In December 2021, the increase in Large Coated Flat-Rolled Iron's year-by-year exports was explained primarily by an increase in exports to Colombia ($34.1k or 35.1%). In December 2021, the decrease in Large Coated Flat-Rolled Iron's year-by-year imports was explained primarily by a decrease in imports from Germany ($-86.6k or -36.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2020 - December 2021)$1.69k(1.53%)

IMPORT GROWTH (December 2020 - December 2021)$-180k(-20.1%)

MAIN DESTINATION (December 2021)Colombia$89.4k

This section shows Large Coated Flat-Rolled Iron'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 Large Coated Flat-Rolled Iron over time.

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