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2022
Exports $188kWorld Rnk 76 / 169
Flag Rnk 473 / 1017
2022
Destination $120k Canada
2021 - 2022
FASTEST GROWING MARKET $120kCanada
2022
PRODUCT COMPLEXITY IN Saddlery-0.063Rnk 569 / 1025
2022
Imports $2.49MWorld Rnk 60 / 211
Flag Rnk 622 / 1175
2022
Origin $180k China
2021 - 2022
FASTEST GROWING ORIGIN $180kUkraine
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $188k in Saddlery, making it the 76th largest exporter of Saddlery in the world. At the same year, Saddlery was the 473rd most exported product in Ecuador. The main destination of Saddlery exports from Ecuador are: Canada ($139k), South Korea ($18.9k), Japan ($7.53k), United States ($7.26k), and Germany ($7.07k).

The fastest growing export markets for Saddlery of Ecuador between 2021 and 2022 were Canada ($120k), South Korea ($18.9k), and Japan ($7.53k).

Imports In 2022, Ecuador imported $2.49M in Saddlery, becoming the 60th largest importer of Saddlery in the world. At the same year, Saddlery was the 622nd most imported product in Ecuador. Ecuador imports Saddlery primarily from: China ($1.73M), Ukraine ($184k), Italy ($137k), United States ($108k), and Colombia ($58k).

The fastest growing import markets in Saddlery for Ecuador between 2021 and 2022 were Ukraine ($180k), China ($140k), and Italy ($112k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Saddlery exports accounted up to $249 and imports accounted up to $107k, resulting in a negative trade balance of $107k. Between July 2020 and December 2021 the exports of Ecuador's   Saddlery have decreased by $-5.8 (-2.28%) from $255 to $249, while imports increased by $24.8k (30.3%) from $82.1k to $107k.

Destinations In December 2021, Saddlery were exported mostly to United States ($248) and Panama ($1), and were imported mostly from China ($64.9k), Spain ($19.9k), United States ($7.42k), Denmark ($7.11k), and South Korea ($6k).

Growth In December 2021, the decrease in Saddlery's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Saddlery's year-by-year imports was explained primarily by an increase in imports from Vietnam ($4.09k or 952%), United States ($1.8k or 71.5%), and India ($1.15k or 249%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2020 - December 2021)$-5.8(-2.28%)
IMPORT GROWTH (December 2020 - December 2021)$24.8k(30.3%)
MAIN DESTINATION (December 2021)United States$248

This section shows Saddlery'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 Saddlery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$188k
IMPORTS (2022)$2.49M
NET TRADE (2022)-$2.3M

In 2022, Ecuador exported $188k in Saddlery. The main destinations of Ecuador exports on Saddlery were Canada ($139k), South Korea ($18.9k), Japan ($7.53k), United States ($7.26k), and Germany ($7.07k).

In 2022, Ecuador imported $2.49M in Saddlery, mainly from China ($1.73M), Ukraine ($184k), Italy ($137k), United States ($108k), and Colombia ($58k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Saddlery EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Canada$120k (626%)
South Korea$18.9k (1%)
Japan$7.53k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Saddlery BY Ecuador WERE (2021 - 2022):
Germany-$3.92k (-35.7%)
Italy-$3.37k (-100%)
Australia-$3.06k (-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 Saddlery were:
China $1.34B
India $273M
Germany $219M
In 2022, Ecuador's main importing competitors in Saddlery were:
United States $813M
Germany $282M
United Kingdom $187M

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Trade Value of Saddlery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $38.3k
TOP IMPORT POTENTIALChina+ $265k

Saddlery’s highest export potential is United States. With an export gap of $38.3k.   Saddlery’s highest import potential is China with an import gap of $265k.

See methodology.

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