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Pricing

2022
Exports $975kWorld Rnk 87 / 220
Flag Rnk 272 / 1017
2022
Destination $146k United States
2021 - 2022
FASTEST GROWING MARKET $146kGuatemala
2022
PRODUCT COMPLEXITY IN Metal Mountings0.85Rnk 226 / 1025
2022
Imports $51.8MWorld Rnk 79 / 223
Flag Rnk 102 / 1175
2022
Origin $3.36M China
2021 - 2022
FASTEST GROWING ORIGIN $3.36MChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $975k in Metal Mountings, making it the 87th largest exporter of Metal Mountings in the world. At the same year, Metal Mountings was the 272nd most exported product in Ecuador. The main destination of Metal Mountings exports from Ecuador are: United States ($640k), Guatemala ($146k), Chile ($59.6k), Canada ($44.9k), and Brazil ($33.7k).

The fastest growing export markets for Metal Mountings of Ecuador between 2021 and 2022 were Guatemala ($146k), Brazil ($33.7k), and Chile ($33.2k).

Imports In 2022, Ecuador imported $51.8M in Metal Mountings, becoming the 79th largest importer of Metal Mountings in the world. At the same year, Metal Mountings was the 102nd most imported product in Ecuador. Ecuador imports Metal Mountings primarily from: China ($35.7M), Colombia ($2.63M), Italy ($2.45M), United States ($2.2M), and Thailand ($1.63M).

The fastest growing import markets in Metal Mountings for Ecuador between 2021 and 2022 were China ($3.36M), United States ($856k), and Thailand ($543k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Metal Mountings exports accounted up to $2.24k and imports accounted up to $4.39M, resulting in a negative trade balance of $4.39M. Between December 2020 and December 2021 the exports of Ecuador's   Metal Mountings have increased by $47.3 (2.16%) from $2.19k to $2.24k, while imports increased by $1.38M (45.7%) from $3.01M to $4.39M.

Destinations In December 2021, Metal Mountings were exported mostly to Colombia ($1.35k), United States ($638), Belgium ($178), Costa Rica ($66.4), and Uruguay ($4.72), and were imported mostly from China ($3.35M), Colombia ($325k), Chile ($183k), United States ($95.3k), and Spain ($80.2k).

Growth In December 2021, the increase in Metal Mountings's year-by-year exports was explained primarily by an increase in exports to Peru ($38.6 or 136%). In December 2021, the increase in Metal Mountings's year-by-year imports was explained primarily by an increase in imports from China ($282k or 13.3%), Italy ($73k or 99%), and Spain ($69.3k or 109%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$47.3(2.16%)
IMPORT GROWTH (December 2020 - December 2021)$1.38M(45.7%)
MAIN DESTINATION (December 2021)Colombia$1.35k

This section shows Metal Mountings'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 Metal Mountings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$975k
IMPORTS (2022)$51.8M
NET TRADE (2022)-$50.8M

In 2022, Ecuador exported $975k in Metal Mountings. The main destinations of Ecuador exports on Metal Mountings were United States ($640k), Guatemala ($146k), Chile ($59.6k), Canada ($44.9k), and Brazil ($33.7k).

In 2022, Ecuador imported $51.8M in Metal Mountings, mainly from China ($35.7M), Colombia ($2.63M), Italy ($2.45M), United States ($2.2M), and Thailand ($1.63M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Mountings EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Guatemala$146k (45.4k%)
Brazil$33.7k (1%)
Chile$33.2k (126%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Mountings BY Ecuador WERE (2021 - 2022):
United States-$688k (-51.8%)
Germany-$320k (-99.9%)
Panama-$110k (-93.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Metal Mountings were:
China $16.1B
Germany $5.34B
United States $2.92B
In 2022, Ecuador's main importing competitors in Metal Mountings were:
United States $7.91B
Germany $2.98B
Mexico $1.73B

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Trade Value of Metal Mountings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $992k
TOP IMPORT POTENTIALChina+ $5.89M

Metal Mountings’s highest export potential is United States. With an export gap of $992k.   Metal Mountings’s highest import potential is China with an import gap of $5.89M.

See methodology.

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