2022
Exports
$443kWorld Rnk 54 / 119
Flag Rnk 367 / 1017
2022
PRODUCT COMPLEXITY IN Textile Fiber Machinery
1.53Rnk 47 / 1025
2022
Imports
$2.9MWorld Rnk 64 / 178
Flag Rnk 596 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $443k in Textile Fiber Machinery, making it the 54th largest exporter of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 367th most exported product in Ecuador. The main destination of Textile Fiber Machinery exports from Ecuador are: Peru ($249k), China ($81.3k), Colombia ($43.5k), India ($31.9k), and Guatemala ($23.8k).

The fastest growing export markets for Textile Fiber Machinery of Ecuador between 2021 and 2022 were Peru ($249k), China ($81.3k), and Colombia ($43.5k).

Imports In 2022, Ecuador imported $2.9M in Textile Fiber Machinery, becoming the 64th largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 596th most imported product in Ecuador. Ecuador imports Textile Fiber Machinery primarily from: United States ($693k), Spain ($649k), China ($585k), India ($405k), and Brazil ($249k).

The fastest growing import markets in Textile Fiber Machinery for Ecuador between 2021 and 2022 were United States ($590k), China ($396k), and India ($342k).

Latest Trends

July 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2016 - July 2021)$-110k(-91.7%)
IMPORT GROWTH (December 2020 - December 2021)$115k(256%)
MAIN DESTINATION (July 2021)

This section shows Textile Fiber Machinery'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 Textile Fiber Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$443k
IMPORTS (2022)$2.9M
NET TRADE (2022)-$2.46M

In 2022, Ecuador exported $443k in Textile Fiber Machinery. The main destinations of Ecuador exports on Textile Fiber Machinery were Peru ($249k), China ($81.3k), Colombia ($43.5k), India ($31.9k), and Guatemala ($23.8k).

In 2022, Ecuador imported $2.9M in Textile Fiber Machinery, mainly from United States ($693k), Spain ($649k), China ($585k), India ($405k), and Brazil ($249k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Fiber Machinery EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Peru$249k (1%)
China$81.3k (1%)
Colombia$43.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Fiber Machinery BY Ecuador WERE (2021 - 2022):
Iran-$136k (-100%)
Mexico-$72.8k (-100%)
India-$13.5k (-29.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Textile Fiber Machinery were:
China $1.08B
Japan $807M
In 2022, Ecuador's main importing competitors in Textile Fiber Machinery were:
China $687M
India $547M

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Trade Value of Textile Fiber Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $37.3k
TOP IMPORT POTENTIALChina+ $210k

Textile Fiber Machinery’s highest export potential is India. With an export gap of $37.3k.   Textile Fiber Machinery’s highest import potential is China with an import gap of $210k.

See methodology.

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