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2023
Exports $32World Rnk 149 / 157
Flag Rnk 978 / 1002
2023
Destination $29 Bahamas
2022 - 2023
FASTEST GROWING MARKET $29Bahamas
2023
PRODUCT COMPLEXITY IN Razor Blades-0.22Rnk 621 / 1025
2023
Imports $12.9MWorld Rnk 62 / 216
Flag Rnk 310 / 1173
2023
Origin $1.76M Brazil
2022 - 2023
FASTEST GROWING ORIGIN $1.76MBrazil
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $32 in Razor Blades, making it the 149th largest exporter of Razor Blades in the world. At the same year, Razor Blades was the 978th most exported product in Ecuador. The main destination of Razor Blades exports from Ecuador are: Bahamas ($29) and Panama ($3).

The fastest growing export markets for Razor Blades of Ecuador between 2022 and 2023 were Bahamas ($29) and Panama ($3).

Imports In 2023, Ecuador imported $12.9M in Razor Blades, becoming the 62nd largest importer of Razor Blades in the world. At the same year, Razor Blades was the 310th most imported product in Ecuador. Ecuador imports Razor Blades primarily from: Brazil ($5.57M), Mexico ($5.23M), China ($921k), Greece ($469k), and United States ($392k).

The fastest growing import markets in Razor Blades for Ecuador between 2022 and 2023 were Brazil ($1.76M), Mexico ($498k), and China ($366k).

Latest Trends

November 2021

About

Overview In November 2021 Ecuador's Razor Blades exports accounted up to $4 and imports accounted up to $707k, resulting in a negative trade balance of $707k. Between May 2019 and November 2021 the exports of Ecuador's   Razor Blades have decreased by $-11.4k (-100%) from $11.4k to $4, while imports decreased by $-1.55M (-68.6%) from $2.25M to $707k.

Destinations In November 2021, Razor Blades were exported mostly to , and were imported mostly from Brazil ($370k), Mexico ($227k), Greece ($84.6k), China ($20.8k), and United States ($4.45k).

Growth In November 2021, the decrease in Razor Blades's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the decrease in Razor Blades's year-by-year imports was explained primarily by a decrease in imports from Mexico ($-542k or -77.3%), United States ($-47.1k or -91.2%), and Greece ($-18.7k or -26.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2019 - November 2021)$-11.4k(-100%)
IMPORT GROWTH (December 2020 - December 2021)$-1.55M(-68.6%)
MAIN DESTINATION (November 2021)

This section shows Razor Blades'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 Razor Blades over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$32
IMPORTS (2023)$12.9M
NET TRADE (2023)-$12.9M

In 2023, Ecuador exported $32 in Razor Blades. The main destinations of Ecuador exports on Razor Blades were Bahamas ($29) and Panama ($3).

In 2023, Ecuador imported $12.9M in Razor Blades, mainly from Brazil ($5.57M), Mexico ($5.23M), China ($921k), Greece ($469k), and United States ($392k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Razor Blades EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Bahamas$29 (1%)
Panama$3 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Razor Blades BY Ecuador WERE (2022 - 2023):
Colombia-$20.1k (-100%)
Mexico-$11.7k (-100%)
Rwanda-$24 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Razor Blades were:
Poland $917M
China $614M
Germany $532M
In 2023, Ecuador's main importing competitors in Razor Blades were:
United States $524M
Poland $271M
Germany $261M

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Trade Value of Razor Blades by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $489
TOP IMPORT POTENTIALChina+ $323k

Razor Blades’s highest export potential is United States. With an export gap of $489.   Razor Blades’s highest import potential is China with an import gap of $323k.

See methodology.

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