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2023
Exports $20.2MWorld Rnk 65 / 184
Flag Rnk 58 / 1002
2023
Destination $52.2k Colombia
2022 - 2023
FASTEST GROWING MARKET $52.2kEl Salvador
2023
PRODUCT COMPLEXITY IN Other Small Iron Pipes-0.65Rnk 747 / 1025
2023
Imports $13.8MWorld Rnk 126 / 223
Flag Rnk 304 / 1173
2023
Origin $700k China
2022 - 2023
FASTEST GROWING ORIGIN $700kPeru
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $20.2M in Other Small Iron Pipes, making it the 65th largest exporter of Other Small Iron Pipes in the world. At the same year, Other Small Iron Pipes was the 58th most exported product in Ecuador. The main destination of Other Small Iron Pipes exports from Ecuador are: Colombia ($19.3M), Bolivia ($734k), Nicaragua ($94.8k), El Salvador ($52.2k), and Panama ($13.8k).

The fastest growing export markets for Other Small Iron Pipes of Ecuador between 2022 and 2023 were El Salvador ($52.2k), South Africa ($1.39k), and Norway ($984).

Imports In 2023, Ecuador imported $13.8M in Other Small Iron Pipes, becoming the 126th largest importer of Other Small Iron Pipes in the world. At the same year, Other Small Iron Pipes was the 304th most imported product in Ecuador. Ecuador imports Other Small Iron Pipes primarily from: China ($9.26M), Chinese Taipei ($1.97M), Peru ($952k), Colombia ($626k), and United States ($428k).

The fastest growing import markets in Other Small Iron Pipes for Ecuador between 2022 and 2023 were Peru ($700k), Colombia ($511k), and Brazil ($64.1k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Other Small Iron Pipes exports accounted up to $3.22M and imports accounted up to $1.07M, resulting in a positive trade balance of $2.15M. Between December 2020 and December 2021 the exports of Ecuador's   Other Small Iron Pipes have increased by $1.69M (110%) from $1.53M to $3.22M, while imports increased by $665k (165%) from $402k to $1.07M.

Destinations In December 2021, Other Small Iron Pipes were exported mostly to Colombia ($2.9M), Bolivia ($273k), Peru ($46k), United States ($1.23k), and Costa Rica ($38.5), and were imported mostly from China ($703k), Chinese Taipei ($198k), United States ($127k), Peru ($22.7k), and Canada ($10.6k).

Growth In December 2021, the increase in Other Small Iron Pipes's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Other Small Iron Pipes's year-by-year imports was explained primarily by an increase in imports from China ($96.1k or 16.2%), Colombia ($9.66k or 547%), and Sweden ($157 or 19.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$1.69M(110%)
IMPORT GROWTH (December 2020 - December 2021)$665k(165%)
MAIN DESTINATION (December 2021)Colombia$2.9M

This section shows Other Small Iron Pipes'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 Small Iron Pipes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$20.2M
IMPORTS (2023)$13.8M
NET TRADE (2023)$6.35M

In 2023, Ecuador exported $20.2M in Other Small Iron Pipes. The main destinations of Ecuador exports on Other Small Iron Pipes were Colombia ($19.3M), Bolivia ($734k), Nicaragua ($94.8k), El Salvador ($52.2k), and Panama ($13.8k).

In 2023, Ecuador imported $13.8M in Other Small Iron Pipes, mainly from China ($9.26M), Chinese Taipei ($1.97M), Peru ($952k), Colombia ($626k), and United States ($428k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Small Iron Pipes EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
El Salvador$52.2k (1%)
South Africa$1.39k (1%)
Norway$984 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Small Iron Pipes BY Ecuador WERE (2022 - 2023):
Colombia-$12.7M (-39.7%)
Bolivia-$935k (-56%)
Peru-$313k (-99.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Other Small Iron Pipes were:
Italy $4.03B
China $3.7B
South Korea $1.93B
In 2023, Ecuador's main importing competitors in Other Small Iron Pipes were:
United States $5.33B
Germany $2.08B
Canada $1.2B

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Trade Value of Other Small Iron Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $549k
TOP IMPORT POTENTIALChina+ $1.03M

Other Small Iron Pipes’s highest export potential is Peru. With an export gap of $549k.   Other Small Iron Pipes’s highest import potential is China with an import gap of $1.03M.

See methodology.

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