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2022
Exports $27.7kWorld Rnk 87 / 153
Flag Rnk 683 / 1017
2022
Destination $2.31k Peru
2021 - 2022
FASTEST GROWING MARKET $2.31kChile
2022
PRODUCT COMPLEXITY IN Pharmaceutical Rubber Products0.19Rnk 491 / 1025
2022
Imports $4.25MWorld Rnk 67 / 215
Flag Rnk 524 / 1175
2022
Origin $961k Thailand
2021 - 2022
FASTEST GROWING ORIGIN $961kMalaysia
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $27.7k in Pharmaceutical Rubber Products, making it the 87th largest exporter of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 683rd most exported product in Ecuador. The main destination of Pharmaceutical Rubber Products exports from Ecuador are: Peru ($23k), Chile ($2.31k), Colombia ($1.78k), Bolivia ($593), and Panama ($4).

The fastest growing export markets for Pharmaceutical Rubber Products of Ecuador between 2021 and 2022 were Chile ($2.31k), Colombia ($829), and Bolivia ($593).

Imports In 2022, Ecuador imported $4.25M in Pharmaceutical Rubber Products, becoming the 67th largest importer of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 524th most imported product in Ecuador. Ecuador imports Pharmaceutical Rubber Products primarily from: Thailand ($1.32M), Malaysia ($1.23M), China ($536k), Vietnam ($396k), and India ($295k).

The fastest growing import markets in Pharmaceutical Rubber Products for Ecuador between 2021 and 2022 were Malaysia ($961k), Vietnam ($234k), and India ($221k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Pharmaceutical Rubber Products exports accounted up to $21.4k and imports accounted up to $552k, resulting in a negative trade balance of $530k. Between November 2018 and December 2021 the exports of Ecuador's   Pharmaceutical Rubber Products have increased by $21.4k (84k%) from $25.4 to $21.4k, while imports increased by $496k (893%) from $55.5k to $552k.

Destinations In December 2021, Pharmaceutical Rubber Products were exported mostly to Peru ($21k) and Colombia ($350), and were imported mostly from Thailand ($397k), Malaysia ($64.2k), China ($36.7k), Germany ($33.9k), and Colombia ($16.3k).

Growth In December 2021, the increase in Pharmaceutical Rubber Products's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Pharmaceutical Rubber Products's year-by-year imports was explained primarily by an increase in imports from France ($16k or 993%) and Spain ($383 or 8.09%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2018 - December 2021)$21.4k(84k%)
IMPORT GROWTH (December 2020 - December 2021)$496k(893%)
MAIN DESTINATION (December 2021)Peru$21k

This section shows Pharmaceutical Rubber Products'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 Pharmaceutical Rubber Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$27.7k
IMPORTS (2022)$4.25M
NET TRADE (2022)-$4.23M

In 2022, Ecuador exported $27.7k in Pharmaceutical Rubber Products. The main destinations of Ecuador exports on Pharmaceutical Rubber Products were Peru ($23k), Chile ($2.31k), Colombia ($1.78k), Bolivia ($593), and Panama ($4).

In 2022, Ecuador imported $4.25M in Pharmaceutical Rubber Products, mainly from Thailand ($1.32M), Malaysia ($1.23M), China ($536k), Vietnam ($396k), and India ($295k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical Rubber Products EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Chile$2.31k (1%)
Colombia$829 (87.2%)
Bolivia$593 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical Rubber Products BY Ecuador WERE (2021 - 2022):
Peru-$8.83k (-27.7%)
Guatemala-$324 (-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 Pharmaceutical Rubber Products were:
Thailand $317M
China $246M
Malaysia $121M
In 2022, Ecuador's main importing competitors in Pharmaceutical Rubber Products were:
China $110M
United States $92.6M
Germany $82.3M

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Trade Value of Pharmaceutical Rubber Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $504
TOP IMPORT POTENTIALChina+ $176k

Pharmaceutical Rubber Products’s highest export potential is China. With an export gap of $504.   Pharmaceutical Rubber Products’s highest import potential is China with an import gap of $176k.

See methodology.

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