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2022
Exports $28.6kWorld Rnk 80 / 175
Flag Rnk 680 / 1017
2022
Destination $21.1k United States
2021 - 2022
FASTEST GROWING MARKET $21.1kUnited States
2022
PRODUCT COMPLEXITY IN Pencils and Crayons-0.17Rnk 604 / 1025
2022
Imports $10.2MWorld Rnk 42 / 214
Flag Rnk 365 / 1175
2022
Origin $3.47M China
2021 - 2022
FASTEST GROWING ORIGIN $3.47MChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $28.6k in Pencils and Crayons, making it the 80th largest exporter of Pencils and Crayons in the world. At the same year, Pencils and Crayons was the 680th most exported product in Ecuador. The main destination of Pencils and Crayons exports from Ecuador are: United States ($26.8k), France ($337), Panama ($290), Canada ($285), and Sweden ($284).

The fastest growing export markets for Pencils and Crayons of Ecuador between 2021 and 2022 were United States ($21.1k), France ($337), and Cayman Islands ($241).

Imports In 2022, Ecuador imported $10.2M in Pencils and Crayons, becoming the 42nd largest importer of Pencils and Crayons in the world. At the same year, Pencils and Crayons was the 365th most imported product in Ecuador. Ecuador imports Pencils and Crayons primarily from: China ($4.93M), Indonesia ($1.79M), Brazil ($1.49M), Germany ($669k), and Peru ($364k).

The fastest growing import markets in Pencils and Crayons for Ecuador between 2021 and 2022 were China ($3.47M), Brazil ($889k), and Indonesia ($729k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Pencils and Crayons exports accounted up to $2.8k and imports accounted up to $392k, resulting in a negative trade balance of $389k. Between December 2020 and December 2021 the exports of Ecuador's   Pencils and Crayons have increased by $1.61k (136%) from $1.18k to $2.8k, while imports increased by $303k (343%) from $88.3k to $392k.

Destinations In December 2021, Pencils and Crayons were exported mostly to United States ($2.8k) and Panama ($2.4), and were imported mostly from Brazil ($193k), China ($147k), Germany ($22.1k), United States ($14.7k), and Chinese Taipei ($8.44k).

Growth In December 2021, the increase in Pencils and Crayons's year-by-year exports was explained primarily by an increase in exports to United States ($812 or 81.2%). In December 2021, the increase in Pencils and Crayons's year-by-year imports was explained primarily by an increase in imports from Spain ($23k or 1.55k%), Vietnam ($839 or 91.6%), and South Korea ($720 or 226%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$1.61k(136%)
IMPORT GROWTH (December 2020 - December 2021)$303k(343%)
MAIN DESTINATION (December 2021)United States$2.8k

This section shows Pencils and Crayons'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 Pencils and Crayons over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$28.6k
IMPORTS (2022)$10.2M
NET TRADE (2022)-$10.2M

In 2022, Ecuador exported $28.6k in Pencils and Crayons. The main destinations of Ecuador exports on Pencils and Crayons were United States ($26.8k), France ($337), Panama ($290), Canada ($285), and Sweden ($284).

In 2022, Ecuador imported $10.2M in Pencils and Crayons, mainly from China ($4.93M), Indonesia ($1.79M), Brazil ($1.49M), Germany ($669k), and Peru ($364k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pencils and Crayons EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$21.1k (369%)
France$337 (1%)
Cayman Islands$241 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pencils and Crayons BY Ecuador WERE (2021 - 2022):
Argentina-$14.1k (-100%)
Russia-$747 (-100%)
Panama-$379 (-56.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Pencils and Crayons were:
China $911M
Germany $174M
Brazil $91.2M
In 2022, Ecuador's main importing competitors in Pencils and Crayons were:
United States $377M
Germany $131M
France $63M

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Trade Value of Pencils and Crayons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $28.5k
TOP IMPORT POTENTIALGermany+ $130k

Pencils and Crayons’s highest export potential is United States. With an export gap of $28.5k.   Pencils and Crayons’s highest import potential is Germany with an import gap of $130k.

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