2022
Exports
$633World Rnk 89 / 111
Flag Rnk 920 / 1017
2022
PRODUCT COMPLEXITY IN Watch Movements
1.76Rnk 17 / 1025
2022
Imports
$56.5kWorld Rnk 83 / 168
Flag Rnk 1054 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $633 in Watch Movements, making it the 89th largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 920th most exported product in Ecuador. The main destination of Watch Movements exports from Ecuador are: Switzerland ($632) and Panama ($1).

The fastest growing export markets for Watch Movements of Ecuador between N/A and 2022 were Switzerland ($632) and Panama ($1).

Imports In 2022, Ecuador imported $56.5k in Watch Movements, becoming the 83rd largest importer of Watch Movements in the world. At the same year, Watch Movements was the 1054th most imported product in Ecuador. Ecuador imports Watch Movements primarily from: Hong Kong ($22.7k), Switzerland ($12.3k), United Kingdom ($5.67k), United States ($5.26k), and Italy ($4.85k).

The fastest growing import markets in Watch Movements for Ecuador between 2021 and 2022 were Hong Kong ($18.8k), United Kingdom ($5.67k), and Italy ($4.85k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Watch Movements. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$633
IMPORTS (2022)$56.5k
NET TRADE (2022)-$55.9k

In 2022, Ecuador exported $633 in Watch Movements. The main destinations of Ecuador exports on Watch Movements were Switzerland ($632) and Panama ($1).

In 2022, Ecuador imported $56.5k in Watch Movements, mainly from Hong Kong ($22.7k), Switzerland ($12.3k), United Kingdom ($5.67k), United States ($5.26k), and Italy ($4.85k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR Ecuador WERE (N/A - 2022):
Switzerland$632 (1%)
Panama$1 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Watch Movements were:
In 2022, Ecuador's main importing competitors in Watch Movements were:

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Trade Value of Watch Movements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSwitzerland+ $534
TOP IMPORT POTENTIALSwitzerland+ $6.46k

Watch Movements’s highest export potential is Switzerland. With an export gap of $534.   Watch Movements’s highest import potential is Switzerland with an import gap of $6.46k.

See methodology.

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