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Pricing

2022
Exports $1.87MWorld Rnk 80 / 208
Flag Rnk 206 / 1017
2022
Destination $915k Colombia
2021 - 2022
FASTEST GROWING MARKET $915kColombia
2022
PRODUCT COMPLEXITY IN Other Engines0.83Rnk 234 / 1025
2022
Imports $15.1MWorld Rnk 79 / 223
Flag Rnk 298 / 1175
2022
Origin $814k United States
2021 - 2022
FASTEST GROWING ORIGIN $814kUnited States
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $1.87M in Other Engines, making it the 80th largest exporter of Other Engines in the world. At the same year, Other Engines was the 206th most exported product in Ecuador. The main destination of Other Engines exports from Ecuador are: Colombia ($1.2M), United States ($531k), Denmark ($23.9k), Brazil ($22.5k), and Thailand ($19.2k).

The fastest growing export markets for Other Engines of Ecuador between 2021 and 2022 were Colombia ($915k), Denmark ($23.9k), and Brazil ($22.5k).

Imports In 2022, Ecuador imported $15.1M in Other Engines, becoming the 79th largest importer of Other Engines in the world. At the same year, Other Engines was the 298th most imported product in Ecuador. Ecuador imports Other Engines primarily from: United States ($5.24M), China ($2.01M), Germany ($1.12M), Sweden ($849k), and United Kingdom ($638k).

The fastest growing import markets in Other Engines for Ecuador between 2021 and 2022 were United States ($814k), China ($718k), and Sweden ($546k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Other Engines exports accounted up to $58.9k and imports accounted up to $750k, resulting in a negative trade balance of $692k. Between December 2020 and December 2021 the exports of Ecuador's   Other Engines have increased by $32.1k (120%) from $26.8k to $58.9k, while imports increased by $98.4k (15.1%) from $652k to $750k.

Destinations In December 2021, Other Engines were exported mostly to Colombia ($55.4k) and Belgium ($3.51k), and were imported mostly from United States ($171k), United Kingdom ($168k), China ($135k), Germany ($44.5k), and Brazil ($38.9k).

Growth In December 2021, the increase in Other Engines's year-by-year exports was explained primarily by an increase in exports to United States ($1.17k or 182%). In December 2021, the increase in Other Engines's year-by-year imports was explained primarily by an increase in imports from Singapore ($110k or 358%), United States ($86.4k or 49.6%), and Japan ($29.8k or 374%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$32.1k(120%)
IMPORT GROWTH (December 2020 - December 2021)$98.4k(15.1%)
MAIN DESTINATION (December 2021)Colombia$55.4k

This section shows Other Engines'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 Engines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.87M
IMPORTS (2022)$15.1M
NET TRADE (2022)-$13.2M

In 2022, Ecuador exported $1.87M in Other Engines. The main destinations of Ecuador exports on Other Engines were Colombia ($1.2M), United States ($531k), Denmark ($23.9k), Brazil ($22.5k), and Thailand ($19.2k).

In 2022, Ecuador imported $15.1M in Other Engines, mainly from United States ($5.24M), China ($2.01M), Germany ($1.12M), Sweden ($849k), and United Kingdom ($638k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Engines EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Colombia$915k (318%)
Denmark$23.9k (1%)
Brazil$22.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Engines BY Ecuador WERE (2021 - 2022):
Mexico-$391k (-100%)
United States-$172k (-24.5%)
Finland-$15.5k (-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 Engines were:
China $4.52B
United States $3.4B
Germany $3.05B
In 2022, Ecuador's main importing competitors in Other Engines were:
United States $4.79B
Germany $2.57B
China $1.45B

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Trade Value of Other Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $199k
TOP IMPORT POTENTIALChina+ $1.89M

Other Engines’s highest export potential is United States. With an export gap of $199k.   Other Engines’s highest import potential is China with an import gap of $1.89M.

See methodology.

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