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2022
Exports $1.04kWorld Rnk 109 / 159
Flag Rnk 899 / 1017
2022
Destination $292 Guatemala
2021 - 2022
FASTEST GROWING MARKET $292Guatemala
2022
PRODUCT COMPLEXITY IN Scissors0.43Rnk 395 / 1025
2022
Imports $2.76MWorld Rnk 59 / 217
Flag Rnk 606 / 1175
2022
Origin $1.12M China
2021 - 2022
FASTEST GROWING ORIGIN $1.12MChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $1.04k in Scissors, making it the 109th largest exporter of Scissors in the world. At the same year, Scissors was the 899th most exported product in Ecuador. The main destination of Scissors exports from Ecuador are: Guatemala ($619), Bermuda ($236), Chile ($100), Panama ($49), and Cuba ($29).

The fastest growing export markets for Scissors of Ecuador between 2021 and 2022 were Guatemala ($292), Bermuda ($236), and Chile ($100).

Imports In 2022, Ecuador imported $2.76M in Scissors, becoming the 59th largest importer of Scissors in the world. At the same year, Scissors was the 606th most imported product in Ecuador. Ecuador imports Scissors primarily from: China ($2.08M), Colombia ($160k), Brazil ($114k), Italy ($63.8k), and Germany ($63.6k).

The fastest growing import markets in Scissors for Ecuador between 2021 and 2022 were China ($1.12M), Colombia ($99k), and Peru ($43.1k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Scissors exports accounted up to $18.5 and imports accounted up to $130k, resulting in a negative trade balance of $130k. Between November 2019 and December 2021 the exports of Ecuador's   Scissors have increased by $17.5 (1.75k%) from $1 to $18.5, while imports increased by $56.9k (77.5%) from $73.3k to $130k.

Destinations In December 2021, Scissors were exported mostly to Cuba ($18.2) and Panama ($0.25), and were imported mostly from China ($115k), Colombia ($4.14k), United States ($2.67k), Brazil ($2.41k), and Spain ($2.24k).

Growth In December 2021, the increase in Scissors's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Scissors's year-by-year imports was explained primarily by an increase in imports from Brazil ($30.7k or 821%), Italy ($13.3k or 19.1k%), and Colombia ($12.6k or 456%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2019 - December 2021)$17.5(1.75k%)
IMPORT GROWTH (December 2020 - December 2021)$56.9k(77.5%)
MAIN DESTINATION (December 2021)Cuba$18.2

This section shows Scissors'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 Scissors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.04k
IMPORTS (2022)$2.76M
NET TRADE (2022)-$2.76M

In 2022, Ecuador exported $1.04k in Scissors. The main destinations of Ecuador exports on Scissors were Guatemala ($619), Bermuda ($236), Chile ($100), Panama ($49), and Cuba ($29).

In 2022, Ecuador imported $2.76M in Scissors, mainly from China ($2.08M), Colombia ($160k), Brazil ($114k), Italy ($63.8k), and Germany ($63.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scissors EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Guatemala$292 (89.3%)
Bermuda$236 (1%)
Chile$100 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scissors BY Ecuador WERE (2021 - 2022):
Ethiopia-$1.41k (-100%)
Cuba-$155 (-84.2%)
Peru-$143 (-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 Scissors were:
China $749M
Germany $59.3M
Chinese Taipei $39M
In 2022, Ecuador's main importing competitors in Scissors were:
United States $209M
Germany $59.7M
Japan $51.7M

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Trade Value of Scissors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $398
TOP IMPORT POTENTIALGermany+ $42k

Scissors’s highest export potential is United States. With an export gap of $398.   Scissors’s highest import potential is Germany with an import gap of $42k.

See methodology.

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