2022
Exports
$141kWorld Rnk 110 / 206
Flag Rnk 505 / 1017
2022
PRODUCT COMPLEXITY IN Bi-Wheel Vehicle Parts
0.9Rnk 210 / 1025
2022
Imports
$50.3MWorld Rnk 71 / 220
Flag Rnk 106 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $141k in Bi-Wheel Vehicle Parts, making it the 110th largest exporter of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 505th most exported product in Ecuador. The main destination of Bi-Wheel Vehicle Parts exports from Ecuador are: Panama ($75.2k), Cuba ($40.5k), Peru ($11k), United States ($6.33k), and Italy ($2.88k).

The fastest growing export markets for Bi-Wheel Vehicle Parts of Ecuador between 2021 and 2022 were Panama ($74.1k), Cuba ($14.7k), and Peru ($10.7k).

Imports In 2022, Ecuador imported $50.3M in Bi-Wheel Vehicle Parts, becoming the 71st largest importer of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 106th most imported product in Ecuador. Ecuador imports Bi-Wheel Vehicle Parts primarily from: China ($38.8M), Chinese Taipei ($3.05M), Colombia ($1.72M), India ($1.64M), and Japan ($1.01M).

The fastest growing import markets in Bi-Wheel Vehicle Parts for Ecuador between 2021 and 2022 were India ($354k), Hong Kong ($112k), and France ($101k).

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2020 - December 2021)$1.38k(178%)
IMPORT GROWTH (December 2020 - December 2021)$-1.21M(-24.2%)
MAIN DESTINATION (December 2021)Cuba$2.16k

This section shows Bi-Wheel Vehicle Parts'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 Bi-Wheel Vehicle Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$141k
IMPORTS (2022)$50.3M
NET TRADE (2022)-$50.2M

In 2022, Ecuador exported $141k in Bi-Wheel Vehicle Parts. The main destinations of Ecuador exports on Bi-Wheel Vehicle Parts were Panama ($75.2k), Cuba ($40.5k), Peru ($11k), United States ($6.33k), and Italy ($2.88k).

In 2022, Ecuador imported $50.3M in Bi-Wheel Vehicle Parts, mainly from China ($38.8M), Chinese Taipei ($3.05M), Colombia ($1.72M), India ($1.64M), and Japan ($1.01M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bi-Wheel Vehicle Parts EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Panama$74.1k (6.64k%)
Cuba$14.7k (56.9%)
Peru$10.7k (3.64k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bi-Wheel Vehicle Parts BY Ecuador WERE (2021 - 2022):
United States-$28.5k (-81.8%)
France-$25k (-100%)
Sweden-$8.9k (-97.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Bi-Wheel Vehicle Parts were:
In 2022, Ecuador's main importing competitors in Bi-Wheel Vehicle Parts were:

Explore Visualizations

Trade Value of Bi-Wheel Vehicle Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $5.31k
TOP IMPORT POTENTIALIndia+ $1.53M

Bi-Wheel Vehicle Parts’s highest export potential is Italy. With an export gap of $5.31k.   Bi-Wheel Vehicle Parts’s highest import potential is India with an import gap of $1.53M.

See methodology.

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