2021
Exports
$78.3kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Steam Turbines
0.39Rnk 412 / 1025
2021
Imports
$2.35MWorld Rnk 84 / 191
Flag Rnk 638 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Imports In 2022, Ecuador imported $2.35M in Steam Turbines, becoming the 84th largest importer of Steam Turbines in the world. At the same year, Steam Turbines was the 638th most imported product in Ecuador. Ecuador imports Steam Turbines primarily from: Italy ($927k), United States ($821k), Spain ($442k), Japan ($63.8k), and Brazil ($63.4k).

The fastest growing import markets in Steam Turbines for Ecuador between 2021 and 2022 were Italy ($924k), United States ($629k), and Japan ($63.8k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Steam Turbines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2021)$78.3k
IMPORTS (2022)$2.35M
NET TRADE (2022)-$2.35M

In 2022, Ecuador imported $2.35M in Steam Turbines, mainly from Italy ($927k), United States ($821k), Spain ($442k), Japan ($63.8k), and Brazil ($63.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Turbines BY Ecuador WERE (N/A - 2021):
Italy-$78.3k (-100%)
Panama-$3 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Steam Turbines were:
In 2022, Ecuador's main importing competitors in Steam Turbines were:

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Trade Value of Steam Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $424
TOP IMPORT POTENTIALUnited States+ $63k

Steam Turbines’s highest export potential is United States. With an export gap of $424.   Steam Turbines’s highest import potential is United States with an import gap of $63k.

See methodology.

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