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2022
Exports $1.21MWorld Rnk 77 / 159
Flag Rnk 246 / 1017
2022
Destination $528k United Kingdom
2021 - 2022
FASTEST GROWING MARKET $528kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Shaped Wood-0.84Rnk 788 / 1025
2022
Imports $1.26MWorld Rnk 101 / 221
Flag Rnk 743 / 1175
2022
Origin $70k China
2021 - 2022
FASTEST GROWING ORIGIN $70kChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $1.21M in Shaped Wood, making it the 77th largest exporter of Shaped Wood in the world. At the same year, Shaped Wood was the 246th most exported product in Ecuador. The main destination of Shaped Wood exports from Ecuador are: United Kingdom ($528k), United States ($505k), Dominican Republic ($123k), Panama ($40.4k), and Spain ($14k).

The fastest growing export markets for Shaped Wood of Ecuador between 2021 and 2022 were United Kingdom ($528k), United States ($223k), and Dominican Republic ($67k).

Imports In 2022, Ecuador imported $1.26M in Shaped Wood, becoming the 101st largest importer of Shaped Wood in the world. At the same year, Shaped Wood was the 743rd most imported product in Ecuador. Ecuador imports Shaped Wood primarily from: China ($1.13M), Italy ($58.2k), United States ($26.4k), Peru ($22.6k), and Turkey ($22.1k).

The fastest growing import markets in Shaped Wood for Ecuador between 2021 and 2022 were China ($70k), United States ($26.4k), and Turkey ($18.3k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Shaped Wood exports accounted up to $97.8k and imports accounted up to $9.86k, resulting in a positive trade balance of $87.9k. Between September 2020 and December 2021 the exports of Ecuador's   Shaped Wood have increased by $81.2k (491%) from $16.5k to $97.8k, while imports decreased by $-77.9k (-88.8%) from $87.7k to $9.86k.

Destinations In December 2021, Shaped Wood were exported mostly to Puerto Rico ($97.8k), and were imported mostly from China ($9.86k).

Growth In December 2021, the increase in Shaped Wood's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the decrease in Shaped Wood's year-by-year imports was explained primarily by a decrease in imports from Italy ($-28.8k or -79.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2020 - December 2021)$81.2k(491%)
IMPORT GROWTH (June 2020 - December 2021)$-77.9k(-88.8%)
MAIN DESTINATION (December 2021)Puerto Rico$97.8k

This section shows Shaped Wood'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 Shaped Wood over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.21M
IMPORTS (2022)$1.26M
NET TRADE (2022)-$52.1k

In 2022, Ecuador exported $1.21M in Shaped Wood. The main destinations of Ecuador exports on Shaped Wood were United Kingdom ($528k), United States ($505k), Dominican Republic ($123k), Panama ($40.4k), and Spain ($14k).

In 2022, Ecuador imported $1.26M in Shaped Wood, mainly from China ($1.13M), Italy ($58.2k), United States ($26.4k), Peru ($22.6k), and Turkey ($22.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Shaped Wood EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United Kingdom$528k (1%)
United States$223k (78.9%)
Dominican Republic$67k (121%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Shaped Wood BY Ecuador WERE (2021 - 2022):
Germany-$107k (-100%)
Maldives-$77.2k (-100%)
Nicaragua-$241 (-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 Shaped Wood were:
Brazil $976M
Indonesia $691M
China $499M
In 2022, Ecuador's main importing competitors in Shaped Wood were:
United States $2.02B
France $428M
Germany $407M

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Trade Value of Shaped Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $731k
TOP IMPORT POTENTIALChina+ $62.8k

Shaped Wood’s highest export potential is United States. With an export gap of $731k.   Shaped Wood’s highest import potential is China with an import gap of $62.8k.

See methodology.

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