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2022
Exports $69.1kWorld Rnk 92 / 173
Flag Rnk 584 / 1017
2022
Destination $50.5k Panama
2021 - 2022
FASTEST GROWING MARKET $50.5kPanama
2022
PRODUCT COMPLEXITY IN Other Office Machines1.1Rnk 134 / 1025
2022
Imports $12.1MWorld Rnk 57 / 213
Flag Rnk 338 / 1175
2022
Origin $1.02M China
2021 - 2022
FASTEST GROWING ORIGIN $1.02MItaly
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $69.1k in Other Office Machines, making it the 92nd largest exporter of Other Office Machines in the world. At the same year, Other Office Machines was the 584th most exported product in Ecuador. The main destination of Other Office Machines exports from Ecuador are: Panama ($50.5k), United States ($9.98k), India ($2.7k), Angola ($2.03k), and Spain ($1.68k).

The fastest growing export markets for Other Office Machines of Ecuador between 2021 and 2022 were Panama ($50.5k), United States ($9.98k), and India ($2.7k).

Imports In 2022, Ecuador imported $12.1M in Other Office Machines, becoming the 57th largest importer of Other Office Machines in the world. At the same year, Other Office Machines was the 338th most imported product in Ecuador. Ecuador imports Other Office Machines primarily from: China ($2.74M), Germany ($2.27M), India ($1.75M), United States ($1.5M), and Italy ($1.49M).

The fastest growing import markets in Other Office Machines for Ecuador between 2021 and 2022 were Italy ($1.02M), Colombia ($761k), and Mexico ($233k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Other Office Machines exports accounted up to $4 and imports accounted up to $1.24M, resulting in a negative trade balance of $1.24M. Between November 2018 and December 2021 the exports of Ecuador's   Other Office Machines have decreased by $-5.9k (-99.9%) from $5.9k to $4, while imports increased by $320k (34.9%) from $917k to $1.24M.

Destinations In December 2021, Other Office Machines were exported mostly to Panama ($4), and were imported mostly from China ($644k), Italy ($308k), United States ($181k), Chinese Taipei ($70.4k), and South Korea ($22.6k).

Growth In December 2021, the decrease in Other Office Machines's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Other Office Machines's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2018 - December 2021)$-5.9k(-99.9%)
IMPORT GROWTH (December 2020 - December 2021)$320k(34.9%)
MAIN DESTINATION (December 2021)Panama$4

This section shows Other Office Machines'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 Other Office Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$69.1k
IMPORTS (2022)$12.1M
NET TRADE (2022)-$12.1M

In 2022, Ecuador exported $69.1k in Other Office Machines. The main destinations of Ecuador exports on Other Office Machines were Panama ($50.5k), United States ($9.98k), India ($2.7k), Angola ($2.03k), and Spain ($1.68k).

In 2022, Ecuador imported $12.1M in Other Office Machines, mainly from China ($2.74M), Germany ($2.27M), India ($1.75M), United States ($1.5M), and Italy ($1.49M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Office Machines EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Panama$50.5k (361k%)
United States$9.98k (1%)
India$2.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Office Machines BY Ecuador WERE (2021 - 2022):
Egypt-$123k (-100%)
Bolivia-$6k (-100%)
South Korea-$740 (-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 Other Office Machines were:
China $1.52B
Germany $665M
South Korea $350M
In 2022, Ecuador's main importing competitors in Other Office Machines were:
United States $1.1B
Germany $219M
France $192M

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Trade Value of Other Office Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $7.54k
TOP IMPORT POTENTIALChina+ $793k

Other Office Machines’s highest export potential is Peru. With an export gap of $7.54k.   Other Office Machines’s highest import potential is China with an import gap of $793k.

See methodology.

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