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2022
Exports $43.2kWorld Rnk 77 / 134
Flag Rnk 638 / 1017
2022
Destination $41.8k Dominican Republic
2021 - 2022
FASTEST GROWING MARKET $41.8kDominican Republic
2022
PRODUCT COMPLEXITY IN Rubber Textiles0.14Rnk 506 / 1025
2022
Imports $2.09MWorld Rnk 65 / 208
Flag Rnk 658 / 1175
2022
Origin $492k China
2021 - 2022
FASTEST GROWING ORIGIN $492kChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $43.2k in Rubber Textiles, making it the 77th largest exporter of Rubber Textiles in the world. At the same year, Rubber Textiles was the 638th most exported product in Ecuador. The main destination of Rubber Textiles exports from Ecuador are: Dominican Republic ($41.9k), Denmark ($1k), El Salvador ($130), Ireland ($88), and Panama ($17).

The fastest growing export markets for Rubber Textiles of Ecuador between 2021 and 2022 were Dominican Republic ($41.8k), El Salvador ($130), and Ireland ($88).

Imports In 2022, Ecuador imported $2.09M in Rubber Textiles, becoming the 65th largest importer of Rubber Textiles in the world. At the same year, Rubber Textiles was the 658th most imported product in Ecuador. Ecuador imports Rubber Textiles primarily from: China ($1.31M), United States ($310k), Panama ($194k), Peru ($168k), and Germany ($60.8k).

The fastest growing import markets in Rubber Textiles for Ecuador between 2021 and 2022 were China ($492k), Panama ($194k), and Peru ($111k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Rubber Textiles exports accounted up to $627 and imports accounted up to $56.1k, resulting in a negative trade balance of $55.4k. Between June 2017 and December 2021 the exports of Ecuador's   Rubber Textiles have increased by $180 (40.2%) from $447 to $627, while imports decreased by $-132k (-70.2%) from $188k to $56.1k.

Destinations In December 2021, Rubber Textiles were exported mostly to Rest of the world ($626) and Panama ($0.8), and were imported mostly from China ($53.1k) and United States ($2.97k).

Growth In December 2021, the increase in Rubber Textiles's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the decrease in Rubber Textiles's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2017 - December 2021)$180(40.2%)
IMPORT GROWTH (December 2020 - December 2021)$-132k(-70.2%)
MAIN DESTINATION (December 2021)Rest of the world$626

This section shows Rubber Textiles'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 Rubber Textiles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$43.2k
IMPORTS (2022)$2.09M
NET TRADE (2022)-$2.05M

In 2022, Ecuador exported $43.2k in Rubber Textiles. The main destinations of Ecuador exports on Rubber Textiles were Dominican Republic ($41.9k), Denmark ($1k), El Salvador ($130), Ireland ($88), and Panama ($17).

In 2022, Ecuador imported $2.09M in Rubber Textiles, mainly from China ($1.31M), United States ($310k), Panama ($194k), Peru ($168k), and Germany ($60.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Textiles EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Dominican Republic$41.8k (47k%)
El Salvador$130 (1%)
Ireland$88 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Textiles BY Ecuador WERE (2021 - 2022):
Denmark-$330 (-24.8%)
Canada-$59 (-100%)
Peru-$21 (-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 Rubber Textiles were:
China $343M
Italy $86.9M
France $63.1M
In 2022, Ecuador's main importing competitors in Rubber Textiles were:
Vietnam $63.4M
United States $48.2M
Romania $42.1M

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Trade Value of Rubber Textiles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $498
TOP IMPORT POTENTIALUnited States+ $19.6k

Rubber Textiles’s highest export potential is United States. With an export gap of $498.   Rubber Textiles’s highest import potential is United States with an import gap of $19.6k.

See methodology.

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