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2022
Exports $429kWorld Rnk 91 / 195
Flag Rnk 372 / 1017
2022
Destination $60.2k United States
2021 - 2022
FASTEST GROWING MARKET $60.2kUnited States
2022
PRODUCT COMPLEXITY IN Water-0.099Rnk 581 / 1025
2022
Imports $572kWorld Rnk 134 / 222
Flag Rnk 853 / 1175
2022
Origin $44.2k United States
2021 - 2022
FASTEST GROWING ORIGIN $44.2kUnited States
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $429k in Water, making it the 91st largest exporter of Water in the world. At the same year, Water was the 372nd most exported product in Ecuador. The main destination of Water exports from Ecuador are: United States ($361k), Panama ($19k), Guatemala ($14.9k), Netherlands ($12.2k), and Germany ($7.02k).

The fastest growing export markets for Water of Ecuador between 2021 and 2022 were United States ($60.2k), Netherlands ($7.6k), and Germany ($6.65k).

Imports In 2022, Ecuador imported $572k in Water, becoming the 134th largest importer of Water in the world. At the same year, Water was the 853rd most imported product in Ecuador. Ecuador imports Water primarily from: United States ($253k), Italy ($129k), Colombia ($74.4k), Netherlands ($53k), and France ($40.4k).

The fastest growing import markets in Water for Ecuador between 2021 and 2022 were United States ($44.2k), Colombia ($19.3k), and Netherlands ($16.1k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Water exports accounted up to $27.6k and imports accounted up to $43.9k, resulting in a negative trade balance of $16.3k. Between December 2020 and December 2021 the exports of Ecuador's   Water have increased by $2.27k (9%) from $25.3k to $27.6k, while imports increased by $15.3k (53.6%) from $28.6k to $43.9k.

Destinations In December 2021, Water were exported mostly to United States ($21.7k) and Panama ($5.91k), and were imported mostly from Italy ($35.4k), Colombia ($4.78k), United States ($2k), and Norway ($1.69k).

Growth In December 2021, the increase in Water's year-by-year exports was explained primarily by an increase in exports to United States ($29.7k or 457%). In December 2021, the increase in Water's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$2.27k(9%)
IMPORT GROWTH (December 2020 - December 2021)$15.3k(53.6%)
MAIN DESTINATION (December 2021)United States$21.7k

This section shows Water'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 Water over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$429k
IMPORTS (2022)$572k
NET TRADE (2022)-$143k

In 2022, Ecuador exported $429k in Water. The main destinations of Ecuador exports on Water were United States ($361k), Panama ($19k), Guatemala ($14.9k), Netherlands ($12.2k), and Germany ($7.02k).

In 2022, Ecuador imported $572k in Water, mainly from United States ($253k), Italy ($129k), Colombia ($74.4k), Netherlands ($53k), and France ($40.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Water EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$60.2k (20%)
Netherlands$7.6k (165%)
Germany$6.65k (1.76k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Water BY Ecuador WERE (2021 - 2022):
Guatemala-$8.61k (-36.6%)
Czechia-$2.37k (-41.3%)
Panama-$646 (-3.28%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Water were:
France $921M
China $718M
Italy $705M
In 2022, Ecuador's main importing competitors in Water were:
United States $1.02B
Hong Kong $640M
Germany $253M

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Trade Value of Water by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $332k
TOP IMPORT POTENTIALItaly+ $76.8k

Water’s highest export potential is United States. With an export gap of $332k.   Water’s highest import potential is Italy with an import gap of $76.8k.

See methodology.

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