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2022
Exports $422kWorld Rnk 110 / 159
Flag Rnk 375 / 1017
2022
Destination $206k Paraguay
2021 - 2022
FASTEST GROWING MARKET $206kParaguay
2022
PRODUCT COMPLEXITY IN Special purpose motor vehicles0.29Rnk 457 / 1025
2022
Imports $7.96MWorld Rnk 131 / 220
Flag Rnk 414 / 1175
2022
Origin $1.52M China
2021 - 2022
FASTEST GROWING ORIGIN $1.52MChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $422k in Special purpose motor vehicles, making it the 110th largest exporter of Special purpose motor vehicles in the world. At the same year, Special purpose motor vehicles was the 375th most exported product in Ecuador. The main destination of Special purpose motor vehicles exports from Ecuador are: Paraguay ($206k), Colombia ($200k), and Brazil ($16k).

The fastest growing export markets for Special purpose motor vehicles of Ecuador between 2021 and 2022 were Paraguay ($206k) and Brazil ($16k).

Imports In 2022, Ecuador imported $7.96M in Special purpose motor vehicles, becoming the 131st largest importer of Special purpose motor vehicles in the world. At the same year, Special purpose motor vehicles was the 414th most imported product in Ecuador. Ecuador imports Special purpose motor vehicles primarily from: China ($3.55M), United States ($2.03M), Thailand ($831k), Belgium ($312k), and Spain ($304k).

The fastest growing import markets in Special purpose motor vehicles for Ecuador between 2021 and 2022 were China ($1.52M), United States ($836k), and Thailand ($579k).

Latest Trends

April 2021

About

Overview In April 2021 Ecuador's Special purpose motor vehicles exports accounted up to $40k and imports accounted up to $654k, resulting in a negative trade balance of $614k. Between May 2015 and April 2021 the exports of Ecuador's   Special purpose motor vehicles have decreased by $-2.95M (-98.7%) from $2.99M to $40k, while imports increased by $443k (209%) from $212k to $654k.

Destinations In April 2021, Special purpose motor vehicles were exported mostly to , and were imported mostly from China ($525k) and Italy ($129k).

Growth In April 2021, the decrease in Special purpose motor vehicles's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Special purpose motor vehicles's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2015 - April 2021)$-2.95M(-98.7%)
IMPORT GROWTH (August 2020 - December 2021)$443k(209%)
MAIN DESTINATION (April 2021)

This section shows Special purpose motor vehicles'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 Special purpose motor vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$422k
IMPORTS (2022)$7.96M
NET TRADE (2022)-$7.54M

In 2022, Ecuador exported $422k in Special purpose motor vehicles. The main destinations of Ecuador exports on Special purpose motor vehicles were Paraguay ($206k), Colombia ($200k), and Brazil ($16k).

In 2022, Ecuador imported $7.96M in Special purpose motor vehicles, mainly from China ($3.55M), United States ($2.03M), Thailand ($831k), Belgium ($312k), and Spain ($304k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special purpose motor vehicles EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Paraguay$206k (1%)
Brazil$16k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special purpose motor vehicles BY Ecuador WERE (2021 - 2022):
Honduras-$227k (-100%)
Colombia-$180k (-47.3%)
Spain-$73.3k (-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 Special purpose motor vehicles were:
Germany $3.89B
China $2.11B
United States $1.52B
In 2022, Ecuador's main importing competitors in Special purpose motor vehicles were:
United States $1.05B
Canada $892M
France $627M

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Trade Value of Special purpose motor vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $551
TOP IMPORT POTENTIALChina+ $587k

Special purpose motor vehicles’s highest export potential is United States. With an export gap of $551.   Special purpose motor vehicles’s highest import potential is China with an import gap of $587k.

See methodology.

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