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2022
Exports $183kWorld Rnk 113 / 213
Flag Rnk 476 / 1017
2022
Destination $17.9k United States
2021 - 2022
FASTEST GROWING MARKET $17.9kPanama
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Shirts-1.22Rnk 883 / 1025
2022
Imports $14.4MWorld Rnk 63 / 219
Flag Rnk 306 / 1175
2022
Origin $1.3M China
2021 - 2022
FASTEST GROWING ORIGIN $1.3MChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $183k in Non-Knit Men's Shirts, making it the 113th largest exporter of Non-Knit Men's Shirts in the world. At the same year, Non-Knit Men's Shirts was the 476th most exported product in Ecuador. The main destination of Non-Knit Men's Shirts exports from Ecuador are: United States ($57.2k), Panama ($32.2k), Chile ($22.4k), Peru ($11.5k), and France ($8.1k).

The fastest growing export markets for Non-Knit Men's Shirts of Ecuador between 2021 and 2022 were Panama ($17.9k), United States ($15k), and France ($7.69k).

Imports In 2022, Ecuador imported $14.4M in Non-Knit Men's Shirts, becoming the 63rd largest importer of Non-Knit Men's Shirts in the world. At the same year, Non-Knit Men's Shirts was the 306th most imported product in Ecuador. Ecuador imports Non-Knit Men's Shirts primarily from: China ($3.27M), Colombia ($2.96M), Bangladesh ($1.96M), India ($1.22M), and Spain ($1.15M).

The fastest growing import markets in Non-Knit Men's Shirts for Ecuador between 2021 and 2022 were China ($1.3M), Colombia ($880k), and India ($636k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Non-Knit Men's Shirts exports accounted up to $14k and imports accounted up to $1.66M, resulting in a negative trade balance of $1.65M. Between December 2020 and December 2021 the exports of Ecuador's   Non-Knit Men's Shirts have increased by $13.2k (1.66k%) from $792 to $14k, while imports increased by $190k (12.9%) from $1.47M to $1.66M.

Destinations In December 2021, Non-Knit Men's Shirts were exported mostly to United States ($5.13k), Panama ($3.75k), Chile ($3.73k), El Salvador ($857), and Dominican Republic ($225), and were imported mostly from China ($395k), Colombia ($310k), India ($271k), Bangladesh ($255k), and Turkey ($119k).

Growth In December 2021, the increase in Non-Knit Men's Shirts's year-by-year exports was explained primarily by an increase in exports to Honduras ($361 or 139%). In December 2021, the increase in Non-Knit Men's Shirts's year-by-year imports was explained primarily by an increase in imports from Egypt ($2.06k or 200%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$13.2k(1.66k%)
IMPORT GROWTH (December 2020 - December 2021)$190k(12.9%)
MAIN DESTINATION (December 2021)United States$5.13k

This section shows Non-Knit Men's Shirts'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 Non-Knit Men's Shirts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$183k
IMPORTS (2022)$14.4M
NET TRADE (2022)-$14.2M

In 2022, Ecuador exported $183k in Non-Knit Men's Shirts. The main destinations of Ecuador exports on Non-Knit Men's Shirts were United States ($57.2k), Panama ($32.2k), Chile ($22.4k), Peru ($11.5k), and France ($8.1k).

In 2022, Ecuador imported $14.4M in Non-Knit Men's Shirts, mainly from China ($3.27M), Colombia ($2.96M), Bangladesh ($1.96M), India ($1.22M), and Spain ($1.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Shirts EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Panama$17.9k (125%)
United States$15k (35.4%)
France$7.69k (1.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Shirts BY Ecuador WERE (2021 - 2022):
Canada-$4.05k (-75.9%)
Bolivia-$3.34k (-74.5%)
Costa Rica-$2.52k (-29.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Non-Knit Men's Shirts were:
Bangladesh $2.59B
China $2.27B
Vietnam $1.14B
In 2022, Ecuador's main importing competitors in Non-Knit Men's Shirts were:
United States $3.66B
Germany $1.06B
Japan $661M

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Trade Value of Non-Knit Men's Shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $118k
TOP IMPORT POTENTIALChina+ $972k

Non-Knit Men's Shirts’s highest export potential is United States. With an export gap of $118k.   Non-Knit Men's Shirts’s highest import potential is China with an import gap of $972k.

See methodology.

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