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Pricing

2022
Exports $51.1kWorld Rnk 101 / 170
Flag Rnk 620 / 1017
2022
Destination $20k Dominican Republic
2021 - 2022
FASTEST GROWING MARKET $20kDominican Republic
2022
PRODUCT COMPLEXITY IN Utility Meters0.046Rnk 536 / 1025
2022
Imports $15.8MWorld Rnk 76 / 219
Flag Rnk 291 / 1175
2022
Origin $3.97M China
2021 - 2022
FASTEST GROWING ORIGIN $3.97MChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $51.1k in Utility Meters, making it the 101st largest exporter of Utility Meters in the world. At the same year, Utility Meters was the 620th most exported product in Ecuador. The main destination of Utility Meters exports from Ecuador are: Dominican Republic ($20k), Chile ($14.5k), Italy ($12.8k), Lithuania ($3.46k), and Panama ($334).

The fastest growing export markets for Utility Meters of Ecuador between 2021 and 2022 were Dominican Republic ($20k), Chile ($14.5k), and Italy ($12.8k).

Imports In 2022, Ecuador imported $15.8M in Utility Meters, becoming the 76th largest importer of Utility Meters in the world. At the same year, Utility Meters was the 291st most imported product in Ecuador. Ecuador imports Utility Meters primarily from: China ($7.79M), Belgium ($2.53M), Brazil ($1.28M), Turkey ($987k), and Hungary ($825k).

The fastest growing import markets in Utility Meters for Ecuador between 2021 and 2022 were China ($3.97M), Belgium ($1.77M), and Hungary ($382k).

Latest Trends

April 2021

About

Overview In April 2021 Ecuador's Utility Meters exports accounted up to $13.3k and imports accounted up to $635k, resulting in a negative trade balance of $622k. Between November 2016 and April 2021 the exports of Ecuador's   Utility Meters have increased by $10.6k (402%) from $2.64k to $13.3k, while imports increased by $413k (186%) from $222k to $635k.

Destinations In April 2021, Utility Meters were exported mostly to , and were imported mostly from China ($526k), Portugal ($91.2k), United States ($10.4k), Canada ($7.07k), and Poland ($192).

Growth In April 2021, the increase in Utility Meters's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Utility Meters's year-by-year imports was explained primarily by an increase in imports from Spain ($25.2k or 1.79k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2016 - April 2021)$10.6k(402%)
IMPORT GROWTH (December 2020 - December 2021)$413k(186%)
MAIN DESTINATION (April 2021)

This section shows Utility Meters'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 Utility Meters over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$51.1k
IMPORTS (2022)$15.8M
NET TRADE (2022)-$15.7M

In 2022, Ecuador exported $51.1k in Utility Meters. The main destinations of Ecuador exports on Utility Meters were Dominican Republic ($20k), Chile ($14.5k), Italy ($12.8k), Lithuania ($3.46k), and Panama ($334).

In 2022, Ecuador imported $15.8M in Utility Meters, mainly from China ($7.79M), Belgium ($2.53M), Brazil ($1.28M), Turkey ($987k), and Hungary ($825k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Utility Meters EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Dominican Republic$20k (1%)
Chile$14.5k (1%)
Italy$12.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Utility Meters BY Ecuador WERE (2021 - 2022):
Kazakhstan-$25.1k (-100%)
Peru-$13.3k (-100%)
United Arab Emirates-$4.61k (-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 Utility Meters were:
China $2.4B
Mexico $1.11B
United States $506M
In 2022, Ecuador's main importing competitors in Utility Meters were:
United States $1.49B
France $505M
Mexico $431M

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Trade Value of Utility Meters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $983
TOP IMPORT POTENTIALUnited States+ $492k

Utility Meters’s highest export potential is United States. With an export gap of $983.   Utility Meters’s highest import potential is United States with an import gap of $492k.

See methodology.

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