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Pricing

2022
Exports $5.46kWorld Rnk 92 / 118
Flag Rnk 821 / 1017
2022
Destination $4k Peru
2021 - 2022
FASTEST GROWING MARKET $4kPeru
2022
PRODUCT COMPLEXITY IN Leather Machinery0.25Rnk 472 / 1025
2022
Imports $1.89MWorld Rnk 67 / 183
Flag Rnk 676 / 1175
2022
Origin $499k Italy
2021 - 2022
FASTEST GROWING ORIGIN $499kItaly
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $5.46k in Leather Machinery, making it the 92nd largest exporter of Leather Machinery in the world. At the same year, Leather Machinery was the 821st most exported product in Ecuador. The main destination of Leather Machinery exports from Ecuador are: Peru ($4k) and Italy ($1.46k).

The fastest growing export markets for Leather Machinery of Ecuador between 2021 and 2022 were Peru ($4k).

Imports In 2022, Ecuador imported $1.89M in Leather Machinery, becoming the 67th largest importer of Leather Machinery in the world. At the same year, Leather Machinery was the 676th most imported product in Ecuador. Ecuador imports Leather Machinery primarily from: Italy ($822k), China ($597k), Colombia ($84.2k), Chinese Taipei ($79k), and Brazil ($78.2k).

The fastest growing import markets in Leather Machinery for Ecuador between 2021 and 2022 were Italy ($499k), China ($347k), and Chinese Taipei ($79k).

Latest Trends

March 2021

About

Overview In March 2021 Ecuador's Leather Machinery exports accounted up to $5k and imports accounted up to $32.2k, resulting in a negative trade balance of $27.2k. Between October 2015 and March 2021 the exports of Ecuador's   Leather Machinery have decreased by $-11k (-68.8%) from $16k to $5k, while imports decreased by $-40.5k (-55.7%) from $72.7k to $32.2k.

Destinations In March 2021, Leather Machinery were exported mostly to , and were imported mostly from China ($26.5k), Brazil ($3.67k), and Italy ($2.03k).

Growth In March 2021, the decrease in Leather Machinery's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the decrease in Leather Machinery's year-by-year imports was explained primarily by a decrease in imports from China ($-109 or -1.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2015 - March 2021)$-11k(-68.8%)
IMPORT GROWTH (December 2020 - December 2021)$-40.5k(-55.7%)
MAIN DESTINATION (March 2021)

This section shows Leather Machinery'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 Leather Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.46k
IMPORTS (2022)$1.89M
NET TRADE (2022)-$1.88M

In 2022, Ecuador exported $5.46k in Leather Machinery. The main destinations of Ecuador exports on Leather Machinery were Peru ($4k) and Italy ($1.46k).

In 2022, Ecuador imported $1.89M in Leather Machinery, mainly from Italy ($822k), China ($597k), Colombia ($84.2k), Chinese Taipei ($79k), and Brazil ($78.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Machinery EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):Peru$4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Machinery BY Ecuador WERE (2021 - 2022):
Italy-$20.1k (-93.2%)
Colombia-$5.05k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Leather Machinery were:
China $413M
Italy $320M
Chinese Taipei $104M
In 2022, Ecuador's main importing competitors in Leather Machinery were:
Indonesia $152M
Vietnam $139M
India $82.1M

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Trade Value of Leather Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $919
TOP IMPORT POTENTIALChina+ $141k

Leather Machinery’s highest export potential is Italy. With an export gap of $919.   Leather Machinery’s highest import potential is China with an import gap of $141k.

See methodology.

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