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2022
Exports $107kWorld Rnk 81 / 129
Flag Rnk 536 / 1017
2022
Destination $96.8k Peru
2021 - 2022
FASTEST GROWING MARKET $96.8kPeru
2022
PRODUCT COMPLEXITY IN Compounded Unvulcanised Rubber0.85Rnk 225 / 1025
2022
Imports $6.1MWorld Rnk 68 / 198
Flag Rnk 461 / 1175
2022
Origin $869k Brazil
2021 - 2022
FASTEST GROWING ORIGIN $869kBrazil
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $107k in Compounded Unvulcanised Rubber, making it the 81st largest exporter of Compounded Unvulcanised Rubber in the world. At the same year, Compounded Unvulcanised Rubber was the 536th most exported product in Ecuador. The main destination of Compounded Unvulcanised Rubber exports from Ecuador are: Peru ($107k).

The fastest growing export markets for Compounded Unvulcanised Rubber of Ecuador between 2021 and 2022 were Peru ($96.8k).

Imports In 2022, Ecuador imported $6.1M in Compounded Unvulcanised Rubber, becoming the 68th largest importer of Compounded Unvulcanised Rubber in the world. At the same year, Compounded Unvulcanised Rubber was the 461st most imported product in Ecuador. Ecuador imports Compounded Unvulcanised Rubber primarily from: Brazil ($1.99M), Colombia ($1.5M), Peru ($979k), China ($268k), and Germany ($220k).

The fastest growing import markets in Compounded Unvulcanised Rubber for Ecuador between 2021 and 2022 were Brazil ($869k), Colombia ($593k), and Chile ($196k).

Latest Trends

February 2021

About

Overview In February 2021 Ecuador's Compounded Unvulcanised Rubber exports accounted up to $42k and imports accounted up to $348k, resulting in a negative trade balance of $306k. Between August 2015 and February 2021 the exports of Ecuador's   Compounded Unvulcanised Rubber have increased by $23.2k (124%) from $18.8k to $42k, while imports increased by $109k (45.7%) from $239k to $348k.

Destinations In February 2021, Compounded Unvulcanised Rubber were exported mostly to , and were imported mostly from Colombia ($117k), Brazil ($114k), Peru ($62.9k), Mexico ($43.1k), and Germany ($3.97k).

Growth In February 2021, the increase in Compounded Unvulcanised Rubber's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Compounded Unvulcanised Rubber's year-by-year imports was explained primarily by an increase in imports from Brazil ($50.5k or 69.5%), Mexico ($34.7k or 512%), and Spain ($27.6k or 162%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2015 - February 2021)$23.2k(124%)
IMPORT GROWTH (December 2020 - December 2021)$109k(45.7%)
MAIN DESTINATION (February 2021)

This section shows Compounded Unvulcanised Rubber'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 Compounded Unvulcanised Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$107k
IMPORTS (2022)$6.1M
NET TRADE (2022)-$5.99M

In 2022, Ecuador exported $107k in Compounded Unvulcanised Rubber. The main destinations of Ecuador exports on Compounded Unvulcanised Rubber were Peru ($107k).

In 2022, Ecuador imported $6.1M in Compounded Unvulcanised Rubber, mainly from Brazil ($1.99M), Colombia ($1.5M), Peru ($979k), China ($268k), and Germany ($220k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Compounded Unvulcanised Rubber EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):Peru$96.8k (942%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compounded Unvulcanised Rubber BY Ecuador WERE (2021 - 2022):Colombia-$47k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Compounded Unvulcanised Rubber were:
Germany $1.15B
United States $834M
Italy $609M
In 2022, Ecuador's main importing competitors in Compounded Unvulcanised Rubber were:
United States $694M
Poland $544M
Germany $476M

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Trade Value of Compounded Unvulcanised Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $9.95k
TOP IMPORT POTENTIALGermany+ $253k

Compounded Unvulcanised Rubber’s highest export potential is Peru. With an export gap of $9.95k.   Compounded Unvulcanised Rubber’s highest import potential is Germany with an import gap of $253k.

See methodology.

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