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2022
Exports $514kWorld Rnk 73 / 164
Flag Rnk 348 / 1017
2022
Destination $129k Mexico
2021 - 2022
FASTEST GROWING MARKET $129kMexico
2022
PRODUCT COMPLEXITY IN Other Agricultural Machinery0.88Rnk 213 / 1025
2022
Imports $66.1MWorld Rnk 37 / 217
Flag Rnk 76 / 1175
2022
Origin $4.78M China
2021 - 2022
FASTEST GROWING ORIGIN $4.78MAustralia
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $514k in Other Agricultural Machinery, making it the 73rd largest exporter of Other Agricultural Machinery in the world. At the same year, Other Agricultural Machinery was the 348th most exported product in Ecuador. The main destination of Other Agricultural Machinery exports from Ecuador are: Mexico ($286k), Colombia ($102k), Uruguay ($63k), United States ($30.8k), and Costa Rica ($23k).

The fastest growing export markets for Other Agricultural Machinery of Ecuador between 2021 and 2022 were Mexico ($129k), Colombia ($88.9k), and Uruguay ($63k).

Imports In 2022, Ecuador imported $66.1M in Other Agricultural Machinery, becoming the 37th largest importer of Other Agricultural Machinery in the world. At the same year, Other Agricultural Machinery was the 76th most imported product in Ecuador. Ecuador imports Other Agricultural Machinery primarily from: China ($14.4M), United States ($9.73M), Germany ($5.83M), Brazil ($5.68M), and Australia ($5.34M).

The fastest growing import markets in Other Agricultural Machinery for Ecuador between 2021 and 2022 were Australia ($4.78M), Slovakia ($3.63M), and United States ($3.5M).

Latest Trends

November 2021

About

Overview In November 2021 Ecuador's Other Agricultural Machinery exports accounted up to $10.6k and imports accounted up to $1.34M, resulting in a negative trade balance of $1.33M. Between July 2019 and November 2021 the exports of Ecuador's   Other Agricultural Machinery have decreased by $-85.1k (-88.9%) from $95.8k to $10.6k, while imports decreased by $-944k (-41.3%) from $2.29M to $1.34M.

Destinations In November 2021, Other Agricultural Machinery were exported mostly to , and were imported mostly from United States ($678k), China ($368k), Brazil ($127k), Italy ($52.9k), and Netherlands ($36k).

Growth In November 2021, the decrease in Other Agricultural Machinery's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the decrease in Other Agricultural Machinery's year-by-year imports was explained primarily by a decrease in imports from Germany ($-108k or -94.2%), Switzerland ($-28.8k or -80.7%), and Spain ($-24k or -35.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2019 - November 2021)$-85.1k(-88.9%)
IMPORT GROWTH (December 2020 - December 2021)$-944k(-41.3%)
MAIN DESTINATION (November 2021)

This section shows Other Agricultural 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 Other Agricultural Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$514k
IMPORTS (2022)$66.1M
NET TRADE (2022)-$65.6M

In 2022, Ecuador exported $514k in Other Agricultural Machinery. The main destinations of Ecuador exports on Other Agricultural Machinery were Mexico ($286k), Colombia ($102k), Uruguay ($63k), United States ($30.8k), and Costa Rica ($23k).

In 2022, Ecuador imported $66.1M in Other Agricultural Machinery, mainly from China ($14.4M), United States ($9.73M), Germany ($5.83M), Brazil ($5.68M), and Australia ($5.34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Agricultural Machinery EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Mexico$129k (82.7%)
Colombia$88.9k (679%)
Uruguay$63k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Agricultural Machinery BY Ecuador WERE (2021 - 2022):
Peru-$12.9k (-62.2%)
Ireland-$2.59k (-100%)
Chile-$1.98k (-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 Other Agricultural Machinery were:
Germany $1.19B
Netherlands $1.06B
China $958M
In 2022, Ecuador's main importing competitors in Other Agricultural Machinery were:
United States $1.52B
Germany $672M
Canada $466M

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Trade Value of Other Agricultural Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $64.1k
TOP IMPORT POTENTIALGermany+ $1.19M

Other Agricultural Machinery’s highest export potential is United States. With an export gap of $64.1k.   Other Agricultural Machinery’s highest import potential is Germany with an import gap of $1.19M.

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