2022
Exports
$2.48MWorld Rnk 87 / 224
Flag Rnk 189 / 1017
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$97MWorld Rnk 77 / 224
Flag Rnk 53 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $2.48M in Valves, making it the 87th largest exporter of Valves in the world. At the same year, Valves was the 189th most exported product in Ecuador. The main destination of Valves exports from Ecuador are: Colombia ($970k), Peru ($378k), United States ($295k), Bolivia ($122k), and El Salvador ($118k).

The fastest growing export markets for Valves of Ecuador between 2021 and 2022 were Colombia ($616k), El Salvador ($69.4k), and Brazil ($51.5k).

Imports In 2022, Ecuador imported $97M in Valves, becoming the 77th largest importer of Valves in the world. At the same year, Valves was the 53rd most imported product in Ecuador. Ecuador imports Valves primarily from: China ($38.4M), United States ($20.1M), Germany ($5.5M), Italy ($5.33M), and Spain ($3.98M).

The fastest growing import markets in Valves for Ecuador between 2021 and 2022 were United States ($4.4M), China ($3.11M), and Germany ($1.36M).

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-284k(-79.8%)
IMPORT GROWTH (December 2020 - December 2021)$1.22M(19.5%)
MAIN DESTINATION (December 2021)Colombia$22.5k

This section shows Valves'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 Valves over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.48M
IMPORTS (2022)$97M
NET TRADE (2022)-$94.5M

In 2022, Ecuador exported $2.48M in Valves. The main destinations of Ecuador exports on Valves were Colombia ($970k), Peru ($378k), United States ($295k), Bolivia ($122k), and El Salvador ($118k).

In 2022, Ecuador imported $97M in Valves, mainly from China ($38.4M), United States ($20.1M), Germany ($5.5M), Italy ($5.33M), and Spain ($3.98M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Colombia$616k (174%)
El Salvador$69.4k (144%)
Brazil$51.5k (4.56k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Ecuador WERE (2021 - 2022):
Peru-$307k (-44.8%)
United States-$293k (-49.8%)
Argentina-$117k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Valves were:
In 2022, Ecuador's main importing competitors in Valves were:

Explore Visualizations

Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $403k
TOP IMPORT POTENTIALChina+ $11.5M

Valves’s highest export potential is United States. With an export gap of $403k.   Valves’s highest import potential is China with an import gap of $11.5M.

See methodology.

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