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2022
Exports $55MWorld Rnk 52 / 182
Flag Rnk 36 / 1017
2022
Destination $11.6M Colombia
2021 - 2022
FASTEST GROWING MARKET $11.6MColombia
2022
PRODUCT COMPLEXITY IN Polyacetals0.78Rnk 255 / 1025
2022
Imports $167MWorld Rnk 68 / 217
Flag Rnk 33 / 1175
2022
Origin $49.4M China
2021 - 2022
FASTEST GROWING ORIGIN $49.4MChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $55M in Polyacetals, making it the 52nd largest exporter of Polyacetals in the world. At the same year, Polyacetals was the 36th most exported product in Ecuador. The main destination of Polyacetals exports from Ecuador are: Colombia ($23.5M), United States ($19.8M), Peru ($5.87M), United Kingdom ($1.95M), and Mexico ($1.37M).

The fastest growing export markets for Polyacetals of Ecuador between 2021 and 2022 were Colombia ($11.6M), United States ($5.84M), and Peru ($2.04M).

Imports In 2022, Ecuador imported $167M in Polyacetals, becoming the 68th largest importer of Polyacetals in the world. At the same year, Polyacetals was the 33rd most imported product in Ecuador. Ecuador imports Polyacetals primarily from: China ($104M), United States ($8.52M), Chinese Taipei ($7.62M), Thailand ($7.56M), and Colombia ($6.98M).

The fastest growing import markets in Polyacetals for Ecuador between 2021 and 2022 were China ($49.4M), Thailand ($7.53M), and Chinese Taipei ($3.77M).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Polyacetals exports accounted up to $3.8M and imports accounted up to $12.3M, resulting in a negative trade balance of $8.53M. Between December 2020 and December 2021 the exports of Ecuador's   Polyacetals have increased by $1.39M (57.4%) from $2.41M to $3.8M, while imports increased by $4.67M (61%) from $7.65M to $12.3M.

Destinations In December 2021, Polyacetals were exported mostly to United States ($2.07M), Colombia ($1.4M), United Kingdom ($248k), Peru ($52.9k), and Germany ($32.1k), and were imported mostly from China ($8.2M), United States ($946k), South Korea ($569k), Colombia ($462k), and Mexico ($401k).

Growth In December 2021, the increase in Polyacetals's year-by-year exports was explained primarily by an increase in exports to United States ($171k or 24.1%) and Colombia ($75.3k or 13.2%). In December 2021, the increase in Polyacetals's year-by-year imports was explained primarily by an increase in imports from Peru ($1.77M or 10.5k%), China ($911k or 36%), and Colombia ($416k or 124%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$1.39M(57.4%)
IMPORT GROWTH (December 2020 - December 2021)$4.67M(61%)
MAIN DESTINATION (December 2021)United States$2.07M

This section shows Polyacetals'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 Polyacetals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$55M
IMPORTS (2022)$167M
NET TRADE (2022)-$112M

In 2022, Ecuador exported $55M in Polyacetals. The main destinations of Ecuador exports on Polyacetals were Colombia ($23.5M), United States ($19.8M), Peru ($5.87M), United Kingdom ($1.95M), and Mexico ($1.37M).

In 2022, Ecuador imported $167M in Polyacetals, mainly from China ($104M), United States ($8.52M), Chinese Taipei ($7.62M), Thailand ($7.56M), and Colombia ($6.98M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Polyacetals EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Colombia$11.6M (98.1%)
United States$5.84M (41.9%)
Peru$2.04M (53.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Polyacetals BY Ecuador WERE (2021 - 2022):
Brazil-$1.15M (-53.7%)
Canada-$599k (-53.5%)
Italy-$558k (-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 Polyacetals were:
China $12.5B
Germany $7.27B
South Korea $6.91B
In 2022, Ecuador's main importing competitors in Polyacetals were:
China $8.92B
United States $6.13B
Germany $5.02B

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Trade Value of Polyacetals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.26M
TOP IMPORT POTENTIALUnited States+ $6.11M

Polyacetals’s highest export potential is United States. With an export gap of $6.26M.   Polyacetals’s highest import potential is United States with an import gap of $6.11M.

See methodology.

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