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2018
Exports $76.5kWorld Rnk 81 / 131
Flag Rnk 573 / 1017
2018
Destination $76.2k United States
2021 - 2022
FASTEST GROWING MARKET $76.2kUnited States
2022
PRODUCT COMPLEXITY IN Stranded Copper Wire-0.3Rnk 650 / 1025
2018
Imports $2.47MWorld Rnk 60 / 211
Flag Rnk 624 / 1175
2018
Origin $45.5k Colombia
2021 - 2022
FASTEST GROWING ORIGIN $45.5kPeru
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2018, Ecuador exported $76.5k in Stranded Copper Wire, making it the 81st largest exporter of Stranded Copper Wire in the world. At the same year, Stranded Copper Wire was the 573rd most exported product in Ecuador. The main destination of Stranded Copper Wire exports from Ecuador are: United States ($76.2k) and Panama ($264).

The fastest growing export markets for Stranded Copper Wire of Ecuador between 2021 and 2022 were United States ($76.2k) and Panama ($246).

Imports In 2022, Ecuador imported $2.47M in Stranded Copper Wire, becoming the 60th largest importer of Stranded Copper Wire in the world. At the same year, Stranded Copper Wire was the 624th most imported product in Ecuador. Ecuador imports Stranded Copper Wire primarily from: Colombia ($2.34M), United States ($62k), Peru ($45.8k), Italy ($17.4k), and Germany ($4.41k).

The fastest growing import markets in Stranded Copper Wire for Ecuador between 2021 and 2022 were Peru ($45.5k), Italy ($17.4k), and Germany ($4.41k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Stranded Copper Wire exports accounted up to $17.6 and imports accounted up to $416k, resulting in a negative trade balance of $416k. Between December 2017 and December 2021 the exports of Ecuador's   Stranded Copper Wire have decreased by $-18.3k (-99.9%) from $18.3k to $17.6, while imports increased by $363k (680%) from $53.4k to $416k.

Destinations In December 2021, Stranded Copper Wire were exported mostly to Panama ($17.6), and were imported mostly from Colombia ($416k).

Growth In December 2021, the decrease in Stranded Copper Wire's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Stranded Copper Wire's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2017 - December 2021)$-18.3k(-99.9%)
IMPORT GROWTH (November 2020 - December 2021)$363k(680%)
MAIN DESTINATION (December 2021)Panama$17.6

This section shows Stranded Copper Wire'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 Stranded Copper Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$76.5k
IMPORTS (2022)$2.47M
NET TRADE (2022)-$2.4M

In 2022, Ecuador exported $76.5k in Stranded Copper Wire. The main destinations of Ecuador exports on Stranded Copper Wire were United States ($76.2k) and Panama ($264).

In 2022, Ecuador imported $2.47M in Stranded Copper Wire, mainly from Colombia ($2.34M), United States ($62k), Peru ($45.8k), Italy ($17.4k), and Germany ($4.41k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stranded Copper Wire EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$76.2k (1%)
Panama$246 (1.37k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stranded Copper Wire BY Ecuador WERE (2021 - 2022):Switzerland-$417 (-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 Stranded Copper Wire were:
Turkey $599M
United States $410M
Germany $388M
In 2022, Ecuador's main importing competitors in Stranded Copper Wire were:
Italy $255M
Germany $224M
Mexico $208M

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Trade Value of Stranded Copper Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $39.8k
TOP IMPORT POTENTIALUnited States+ $137k

Stranded Copper Wire’s highest export potential is United States. With an export gap of $39.8k.   Stranded Copper Wire’s highest import potential is United States with an import gap of $137k.

See methodology.

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