NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $1.53MWorld Rnk 107 / 217
Flag Rnk 209 / 1002
2023
Destination $107k United States
2022 - 2023
FASTEST GROWING MARKET $107kFrance
2023
PRODUCT COMPLEXITY IN Medical Instruments0.73Rnk 272 / 1025
2023
Imports $215MWorld Rnk 64 / 226
Flag Rnk 22 / 1173
2023
Origin $9.46M China
2022 - 2023
FASTEST GROWING ORIGIN $9.46MChina
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $1.53M in Medical Instruments, making it the 107th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 209th most exported product in Ecuador. The main destination of Medical Instruments exports from Ecuador are: United States ($580k), France ($180k), Colombia ($112k), Panama ($110k), and Peru ($109k).

The fastest growing export markets for Medical Instruments of Ecuador between 2022 and 2023 were France ($107k), Panama ($107k), and Peru ($74k).

Imports In 2023, Ecuador imported $215M in Medical Instruments, becoming the 64th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 22nd most imported product in Ecuador. Ecuador imports Medical Instruments primarily from: China ($62.8M), United States ($38.3M), Germany ($29.6M), Mexico ($8.22M), and Japan ($7.32M).

The fastest growing import markets in Medical Instruments for Ecuador between 2022 and 2023 were China ($9.46M), Germany ($8.75M), and Italy ($4.07M).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Medical Instruments exports accounted up to $86.6k and imports accounted up to $16.9M, resulting in a negative trade balance of $16.8M. Between December 2020 and December 2021 the exports of Ecuador's   Medical Instruments have decreased by $-46.7k (-35%) from $133k to $86.6k, while imports increased by $2.24M (15.3%) from $14.7M to $16.9M.

Destinations In December 2021, Medical Instruments were exported mostly to United States ($71k), Israel ($15.6k), and Panama ($1.5), and were imported mostly from China ($6.29M), United States ($3.57M), Germany ($1.9M), Mexico ($566k), and Colombia ($380k).

Growth In December 2021, the decrease in Medical Instruments's year-by-year exports was explained primarily by a decrease in exports to United States ($-24.6k or -83.7%). In December 2021, the increase in Medical Instruments's year-by-year imports was explained primarily by an increase in imports from China ($1.09M or 54.1%), Germany ($529k or 27.7%), and United States ($455k or 11.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-46.7k(-35%)
IMPORT GROWTH (December 2020 - December 2021)$2.24M(15.3%)
MAIN DESTINATION (December 2021)United States$71k

This section shows Medical Instruments'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 Medical Instruments over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$1.53M
IMPORTS (2023)$215M
NET TRADE (2023)-$213M

In 2023, Ecuador exported $1.53M in Medical Instruments. The main destinations of Ecuador exports on Medical Instruments were United States ($580k), France ($180k), Colombia ($112k), Panama ($110k), and Peru ($109k).

In 2023, Ecuador imported $215M in Medical Instruments, mainly from China ($62.8M), United States ($38.3M), Germany ($29.6M), Mexico ($8.22M), and Japan ($7.32M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
France$107k (147%)
Panama$107k (3.16k%)
Peru$74k (213%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Ecuador WERE (2022 - 2023):
Colombia-$2.57M (-95.8%)
United States-$161k (-21.8%)
Austria-$83.8k (-99.5%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Medical Instruments were:
United States $34.8B
Germany $18.4B
Mexico $17.6B
In 2023, Ecuador's main importing competitors in Medical Instruments were:
United States $37.7B
Netherlands $14.1B
Germany $13.1B

Explore Visualizations

Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $166k
TOP IMPORT POTENTIALUnited States+ $15.5M

Medical Instruments’s highest export potential is United Kingdom. With an export gap of $166k.   Medical Instruments’s highest import potential is United States with an import gap of $15.5M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms