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2022
Exports $25.3kWorld Rnk 89 / 148
Flag Rnk 697 / 1017
2022
Destination $15.9k United States
2021 - 2022
FASTEST GROWING MARKET $15.9kUnited States
2022
PRODUCT COMPLEXITY IN Woven Fabrics0.3Rnk 447 / 1025
2022
Imports $3.78MWorld Rnk 75 / 192
Flag Rnk 546 / 1175
2022
Origin $328k China
2021 - 2022
FASTEST GROWING ORIGIN $328kSouth Korea
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $25.3k in Woven Fabrics, making it the 89th largest exporter of Woven Fabrics in the world. At the same year, Woven Fabrics was the 697th most exported product in Ecuador. The main destination of Woven Fabrics exports from Ecuador are: United States ($23.9k), Dominican Republic ($497), Colombia ($404), Chile ($176), and Canada ($132).

The fastest growing export markets for Woven Fabrics of Ecuador between 2021 and 2022 were United States ($15.9k), Chile ($176), and Canada ($132).

Imports In 2022, Ecuador imported $3.78M in Woven Fabrics, becoming the 75th largest importer of Woven Fabrics in the world. At the same year, Woven Fabrics was the 546th most imported product in Ecuador. Ecuador imports Woven Fabrics primarily from: China ($2.04M), South Korea ($819k), Spain ($470k), Colombia ($153k), and Turkey ($84k).

The fastest growing import markets in Woven Fabrics for Ecuador between 2021 and 2022 were South Korea ($328k), China ($218k), and Colombia ($46.6k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Woven Fabrics exports accounted up to $953 and imports accounted up to $274k, resulting in a negative trade balance of $273k. Between December 2020 and December 2021 the exports of Ecuador's   Woven Fabrics have increased by $227 (31.3%) from $726 to $953, while imports increased by $164k (149%) from $110k to $274k.

Destinations In December 2021, Woven Fabrics were exported mostly to United States ($953), and were imported mostly from China ($197k), South Korea ($34.6k), Spain ($29.2k), Belgium ($7.59k), and Colombia ($3.12k).

Growth In December 2021, the increase in Woven Fabrics's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Woven Fabrics's year-by-year imports was explained primarily by an increase in imports from Spain ($20.5k or 61.9%), Colombia ($4.05k or 302%), and Belgium ($3.58k or 29.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$227(31.3%)
IMPORT GROWTH (December 2020 - December 2021)$164k(149%)
MAIN DESTINATION (December 2021)United States$953

This section shows Woven Fabrics'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 Woven Fabrics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$25.3k
IMPORTS (2022)$3.78M
NET TRADE (2022)-$3.76M

In 2022, Ecuador exported $25.3k in Woven Fabrics. The main destinations of Ecuador exports on Woven Fabrics were United States ($23.9k), Dominican Republic ($497), Colombia ($404), Chile ($176), and Canada ($132).

In 2022, Ecuador imported $3.78M in Woven Fabrics, mainly from China ($2.04M), South Korea ($819k), Spain ($470k), Colombia ($153k), and Turkey ($84k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Woven Fabrics EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$15.9k (200%)
Chile$176 (1%)
Canada$132 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woven Fabrics BY Ecuador WERE (2021 - 2022):
Colombia-$5.1k (-92.7%)
United Arab Emirates-$3.48k (-99.5%)
Panama-$1.01k (-99.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Woven Fabrics were:
China $1.14B
Italy $167M
Turkey $160M
In 2022, Ecuador's main importing competitors in Woven Fabrics were:
United States $246M
Vietnam $162M
United Kingdom $161M

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Trade Value of Woven Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.4k
TOP IMPORT POTENTIALChina+ $326k

Woven Fabrics’s highest export potential is United States. With an export gap of $20.4k.   Woven Fabrics’s highest import potential is China with an import gap of $326k.

See methodology.

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