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2023
Exports $507kWorld Rnk 67 / 175
Flag Rnk 332 / 1002
2023
Destination $247k El Salvador
2022 - 2023
FASTEST GROWING MARKET $247kEl Salvador
2023
PRODUCT COMPLEXITY IN Used Rubber Tires0.54Rnk 354 / 1025
2023
Imports $14.8MWorld Rnk 41 / 219
Flag Rnk 288 / 1173
2023
Origin $1.09M Peru
2022 - 2023
FASTEST GROWING ORIGIN $1.09MPeru
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $507k in Used Rubber Tires, making it the 67th largest exporter of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 332nd most exported product in Ecuador. The main destination of Used Rubber Tires exports from Ecuador are: El Salvador ($250k), Colombia ($192k), United States ($56.6k), Mexico ($4.06k), and Netherlands ($3.3k).

The fastest growing export markets for Used Rubber Tires of Ecuador between 2022 and 2023 were El Salvador ($247k), Colombia ($48k), and Netherlands ($3.3k).

Imports In 2023, Ecuador imported $14.8M in Used Rubber Tires, becoming the 41st largest importer of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 288th most imported product in Ecuador. Ecuador imports Used Rubber Tires primarily from: Peru ($6.57M), Brazil ($4.08M), United States ($1.07M), Colombia ($720k), and Sri Lanka ($593k).

The fastest growing import markets in Used Rubber Tires for Ecuador between 2022 and 2023 were Peru ($1.09M), Brazil ($951k), and Colombia ($203k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Used Rubber Tires exports accounted up to $2 and imports accounted up to $1.33M, resulting in a negative trade balance of $1.33M. Between May 2018 and December 2021 the exports of Ecuador's   Used Rubber Tires have decreased by $-331 (-99.4%) from $333 to $2, while imports increased by $11.7k (0.89%) from $1.32M to $1.33M.

Destinations In December 2021, Used Rubber Tires were exported mostly to Panama ($2), and were imported mostly from Peru ($486k), Mexico ($415k), Brazil ($206k), Sri Lanka ($77.6k), and Malaysia ($58.7k).

Growth In December 2021, the decrease in Used Rubber Tires's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Used Rubber Tires's year-by-year imports was explained primarily by an increase in imports from Brazil ($260k or 119%), Mexico ($201k or 242%), and Colombia ($13.1k or 35.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2018 - December 2021)$-331(-99.4%)
IMPORT GROWTH (December 2020 - December 2021)$11.7k(0.89%)
MAIN DESTINATION (December 2021)Panama$2

This section shows Used Rubber Tires'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 Used Rubber Tires over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$507k
IMPORTS (2023)$14.8M
NET TRADE (2023)-$14.2M

In 2023, Ecuador exported $507k in Used Rubber Tires. The main destinations of Ecuador exports on Used Rubber Tires were El Salvador ($250k), Colombia ($192k), United States ($56.6k), Mexico ($4.06k), and Netherlands ($3.3k).

In 2023, Ecuador imported $14.8M in Used Rubber Tires, mainly from Peru ($6.57M), Brazil ($4.08M), United States ($1.07M), Colombia ($720k), and Sri Lanka ($593k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Used Rubber Tires EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
El Salvador$247k (9.51k%)
Colombia$48k (33.4%)
Netherlands$3.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Used Rubber Tires BY Ecuador WERE (2022 - 2023):
United States-$104k (-64.8%)
Mexico-$18.9k (-82.3%)
Guyana-$3.99k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Used Rubber Tires were:
Sri Lanka $425M
Germany $400M
China $188M
In 2023, Ecuador's main importing competitors in Used Rubber Tires were:
United States $490M
France $243M
Germany $224M

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Trade Value of Used Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $13.8k
TOP IMPORT POTENTIALChina+ $312k

Used Rubber Tires’s highest export potential is Mexico. With an export gap of $13.8k.   Used Rubber Tires’s highest import potential is China with an import gap of $312k.

See methodology.

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