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2022
Exports $24kWorld Rnk 80 / 94
Flag Rnk 704 / 1017
2022
Destination $20.4k United States
2021 - 2022
FASTEST GROWING MARKET $20.4kUnited States
2022
PRODUCT COMPLEXITY IN Platinum0.58Rnk 328 / 1025
2022
Imports $61.8kWorld Rnk 86 / 143
Flag Rnk 1047 / 1175
2022
Origin $37.3k United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $37.3kUnited Kingdom
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $24k in Platinum, making it the 80th largest exporter of Platinum in the world. At the same year, Platinum was the 704th most exported product in Ecuador. The main destination of Platinum exports from Ecuador are: United States ($20.4k) and Germany ($3.58k).

The fastest growing export markets for Platinum of Ecuador between 2021 and 2022 were United States ($20.4k) and Germany ($3.58k).

Imports In 2022, Ecuador imported $61.8k in Platinum, becoming the 86th largest importer of Platinum in the world. At the same year, Platinum was the 1047th most imported product in Ecuador. Ecuador imports Platinum primarily from: United Kingdom ($37.3k), United States ($14.7k), and Australia ($9.77k).

The fastest growing import markets in Platinum for Ecuador between 2021 and 2022 were United Kingdom ($37.3k), United States ($14.6k), and Australia ($9.77k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Platinum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$24k
IMPORTS (2022)$61.8k
NET TRADE (2022)-$37.8k

In 2022, Ecuador exported $24k in Platinum. The main destinations of Ecuador exports on Platinum were United States ($20.4k) and Germany ($3.58k).

In 2022, Ecuador imported $61.8k in Platinum, mainly from United Kingdom ($37.3k), United States ($14.7k), and Australia ($9.77k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$20.4k (1%)
Germany$3.58k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum BY Ecuador WERE (2021 - 2022):India-$1.5M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Platinum were:
South Africa $19.1B
United Kingdom $8.43B
United States $7.9B
In 2022, Ecuador's main importing competitors in Platinum were:
United States $13.2B
Germany $9.66B
Japan $9.48B

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Trade Value of Platinum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $35.1k
TOP IMPORT POTENTIALUnited Kingdom+ $56.6k

Platinum’s highest export potential is United States. With an export gap of $35.1k.   Platinum’s highest import potential is United Kingdom with an import gap of $56.6k.

See methodology.

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