2022
Exports
$1.18MWorld Rnk 78 / 216
Flag Rnk 251 / 1017
2022
PRODUCT COMPLEXITY IN Gas and Liquid Flow Measuring Instruments
1.18Rnk 107 / 1025
2022
Imports
$24.9MWorld Rnk 71 / 225
Flag Rnk 205 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $1.18M in Gas and Liquid Flow Measuring Instruments, making it the 78th largest exporter of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 251st most exported product in Ecuador. The main destination of Gas and Liquid Flow Measuring Instruments exports from Ecuador are: Colombia ($405k), Netherlands ($175k), United States ($170k), Peru ($132k), and France ($68.5k).

The fastest growing export markets for Gas and Liquid Flow Measuring Instruments of Ecuador between 2021 and 2022 were Netherlands ($170k), Colombia ($132k), and France ($59.8k).

Imports In 2022, Ecuador imported $24.9M in Gas and Liquid Flow Measuring Instruments, becoming the 71st largest importer of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 205th most imported product in Ecuador. Ecuador imports Gas and Liquid Flow Measuring Instruments primarily from: United States ($6.91M), Singapore ($3.87M), China ($3.86M), Germany ($2.34M), and United Kingdom ($1.76M).

The fastest growing import markets in Gas and Liquid Flow Measuring Instruments for Ecuador between 2021 and 2022 were Singapore ($2.7M), China ($1.11M), and United States ($532k).

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$5.68k(53.8%)
IMPORT GROWTH (December 2020 - December 2021)$-60k(-3.33%)
MAIN DESTINATION (December 2021)Peru$10.5k

This section shows Gas and Liquid Flow Measuring Instruments'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 Gas and Liquid Flow Measuring Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.18M
IMPORTS (2022)$24.9M
NET TRADE (2022)-$23.7M

In 2022, Ecuador exported $1.18M in Gas and Liquid Flow Measuring Instruments. The main destinations of Ecuador exports on Gas and Liquid Flow Measuring Instruments were Colombia ($405k), Netherlands ($175k), United States ($170k), Peru ($132k), and France ($68.5k).

In 2022, Ecuador imported $24.9M in Gas and Liquid Flow Measuring Instruments, mainly from United States ($6.91M), Singapore ($3.87M), China ($3.86M), Germany ($2.34M), and United Kingdom ($1.76M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas and Liquid Flow Measuring Instruments EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Netherlands$170k (3.65k%)
Colombia$132k (48.5%)
France$59.8k (687%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas and Liquid Flow Measuring Instruments BY Ecuador WERE (2021 - 2022):
Mexico-$77.3k (-94.4%)
Kazakhstan-$9.02k (-99.8%)
Sweden-$8.05k (-83.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Gas and Liquid Flow Measuring Instruments were:
In 2022, Ecuador's main importing competitors in Gas and Liquid Flow Measuring Instruments were:

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Trade Value of Gas and Liquid Flow Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $108k
TOP IMPORT POTENTIALUnited States+ $1.77M

Gas and Liquid Flow Measuring Instruments’s highest export potential is United States. With an export gap of $108k.   Gas and Liquid Flow Measuring Instruments’s highest import potential is United States with an import gap of $1.77M.

See methodology.

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