Wool in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $2.39k in Wool, making it the 90th largest exporter of Wool in the world. At the same year, Wool was the 860th most exported product in Ecuador. The main destination of Wool exports from Ecuador are: Chile ($2.39k).

The fastest growing export markets for Wool of Ecuador between 2021 and 2022 were Chile ($1.71k).

Imports In 2022, Ecuador imported $283k in Wool, becoming the 58th largest importer of Wool in the world. At the same year, Wool was the 934th most imported product in Ecuador. Ecuador imports Wool primarily from: Uruguay ($216k) and Argentina ($67.3k).

The fastest growing import markets in Wool for Ecuador between 2021 and 2022 were Uruguay ($33.1k).

Latest Trends

October 2021

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Overview In October 2021 Ecuador's Wool exports accounted up to $52 and imports accounted up to $82.2k, resulting in a negative trade balance of $82.1k. Between January 2018 and October 2021 the exports of Ecuador's Wool have decreased by $-1.35k (-96.3%) from $1.4k to $52, while imports increased by $15.8k (23.8%) from $66.4k to $82.2k.

Destinations In October 2021, Wool were exported mostly to , and were imported mostly from Uruguay ($49k) and Argentina ($33.2k).

Growth In October 2021, the decrease in Wool's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Wool's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2018 - October 2021)$-1.35k(-96.3%)

IMPORT GROWTH (March 2019 - December 2021)$15.8k(23.8%)

MAIN DESTINATION (October 2021)

This section shows Wool'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 Wool over time.

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