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2022
Exports $530kWorld Rnk 82 / 193
Flag Rnk 344 / 1017
2022
Destination $33.2k Peru
2021 - 2022
FASTEST GROWING MARKET $33.2kBolivia
2022
PRODUCT COMPLEXITY IN Knit Active Wear-0.86Rnk 791 / 1025
2022
Imports $3.31MWorld Rnk 81 / 212
Flag Rnk 565 / 1175
2022
Origin $704k China
2021 - 2022
FASTEST GROWING ORIGIN $704kChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $530k in Knit Active Wear, making it the 82nd largest exporter of Knit Active Wear in the world. At the same year, Knit Active Wear was the 344th most exported product in Ecuador. The main destination of Knit Active Wear exports from Ecuador are: Peru ($236k), Bolivia ($225k), Paraguay ($65.5k), Costa Rica ($1.48k), and Panama ($1.33k).

The fastest growing export markets for Knit Active Wear of Ecuador between 2021 and 2022 were Bolivia ($33.2k), Dominican Republic ($763), and Panama ($118).

Imports In 2022, Ecuador imported $3.31M in Knit Active Wear, becoming the 81st largest importer of Knit Active Wear in the world. At the same year, Knit Active Wear was the 565th most imported product in Ecuador. Ecuador imports Knit Active Wear primarily from: China ($1.25M), Colombia ($1.1M), Vietnam ($216k), Cambodia ($168k), and Thailand ($91.8k).

The fastest growing import markets in Knit Active Wear for Ecuador between 2021 and 2022 were China ($704k), Colombia ($414k), and Sri Lanka ($27.7k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Knit Active Wear exports accounted up to $178k and imports accounted up to $461k, resulting in a negative trade balance of $283k. Between December 2020 and December 2021 the exports of Ecuador's   Knit Active Wear have increased by $174k (4.41k%) from $3.94k to $178k, while imports increased by $243k (111%) from $218k to $461k.

Destinations In December 2021, Knit Active Wear were exported mostly to Peru ($90.6k), Paraguay ($73.2k), Bolivia ($14k), and Panama ($58), and were imported mostly from Colombia ($137k), China ($106k), Thailand ($62.2k), Vietnam ($45.1k), and Cambodia ($40.4k).

Growth In December 2021, the increase in Knit Active Wear's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Knit Active Wear's year-by-year imports was explained primarily by an increase in imports from Cambodia ($2.29k or 56.9%) and Vietnam ($1.14k or 16.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$174k(4.41k%)
IMPORT GROWTH (December 2020 - December 2021)$243k(111%)
MAIN DESTINATION (December 2021)Peru$90.6k

This section shows Knit Active Wear'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 Knit Active Wear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$530k
IMPORTS (2022)$3.31M
NET TRADE (2022)-$2.78M

In 2022, Ecuador exported $530k in Knit Active Wear. The main destinations of Ecuador exports on Knit Active Wear were Peru ($236k), Bolivia ($225k), Paraguay ($65.5k), Costa Rica ($1.48k), and Panama ($1.33k).

In 2022, Ecuador imported $3.31M in Knit Active Wear, mainly from China ($1.25M), Colombia ($1.1M), Vietnam ($216k), Cambodia ($168k), and Thailand ($91.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Active Wear EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Bolivia$33.2k (17.3%)
Dominican Republic$763 (1.96k%)
Panama$118 (9.76%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Active Wear BY Ecuador WERE (2021 - 2022):
Peru-$209k (-47%)
Paraguay-$64.7k (-49.7%)
Chile-$1.18k (-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 Knit Active Wear were:
China $2.33B
Vietnam $632M
Germany $400M
In 2022, Ecuador's main importing competitors in Knit Active Wear were:
United States $1.42B
Germany $708M
United Kingdom $426M

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Trade Value of Knit Active Wear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $30.9k
TOP IMPORT POTENTIALChina+ $530k

Knit Active Wear’s highest export potential is Peru. With an export gap of $30.9k.   Knit Active Wear’s highest import potential is China with an import gap of $530k.

See methodology.

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