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2022
Exports $14.4kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Large Flat-Rolled Iron0.66Rnk 302 / 1025
2022
Imports $875kWorld Rnk 117 / 205
Flag Rnk 780 / 1173
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Imports In 2023, Ecuador imported $875k in Large Flat-Rolled Iron, becoming the 117th largest importer of Large Flat-Rolled Iron in the world. At the same year, Large Flat-Rolled Iron was the 780th most imported product in Ecuador. Ecuador imports Large Flat-Rolled Iron primarily from: China ($618k), Germany ($80.9k), United Kingdom ($77.4k), South Korea ($52.2k), and Peru ($18.1k).

The fastest growing import markets in Large Flat-Rolled Iron for Ecuador between 2022 and 2023 were Peru ($9.02k), Colombia ($3.74k), and Mexico ($1.35k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Large Flat-Rolled Iron. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14.4k
IMPORTS (2023)$875k
NET TRADE (2023)-$875k

In 2023, Ecuador imported $875k in Large Flat-Rolled Iron, mainly from China ($618k), Germany ($80.9k), United Kingdom ($77.4k), South Korea ($52.2k), and Peru ($18.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Flat-Rolled Iron BY Ecuador WERE (N/A - 2022):
Poland-$6.95k (-100%)
Slovakia-$5.08k (-100%)
India-$2.33k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ecuador's main exporting competitors in Large Flat-Rolled Iron were:
Germany $1.19B
Italy $544M
United States $409M
In 2023, Ecuador's main importing competitors in Large Flat-Rolled Iron were:
Germany $477M
France $401M
United States $362M

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Trade Value of Large Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $6.13k
TOP IMPORT POTENTIALChina+ $126k

Large Flat-Rolled Iron’s highest export potential is Poland. With an export gap of $6.13k.   Large Flat-Rolled Iron’s highest import potential is China with an import gap of $126k.

See methodology.

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