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2022
Exports $226kWorld Rnk 64 / 135
Flag Rnk 455 / 1017
2022
Destination $187k Germany
2021 - 2022
FASTEST GROWING MARKET $187kGermany
2022
PRODUCT COMPLEXITY IN Rolling Machines1.58Rnk 38 / 1025
2022
Imports $1.44MWorld Rnk 72 / 199
Flag Rnk 723 / 1175
2022
Origin $235k China
2021 - 2022
FASTEST GROWING ORIGIN $235kItaly
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $226k in Rolling Machines, making it the 64th largest exporter of Rolling Machines in the world. At the same year, Rolling Machines was the 455th most exported product in Ecuador. The main destination of Rolling Machines exports from Ecuador are: Germany ($187k), Italy ($31.5k), United States ($4.83k), Belgium ($1.82k), and Peru ($1.37k).

The fastest growing export markets for Rolling Machines of Ecuador between 2021 and 2022 were Germany ($187k), United States ($4.83k), and Belgium ($1.5k).

Imports In 2022, Ecuador imported $1.44M in Rolling Machines, becoming the 72nd largest importer of Rolling Machines in the world. At the same year, Rolling Machines was the 723rd most imported product in Ecuador. Ecuador imports Rolling Machines primarily from: China ($485k), Italy ($418k), Austria ($108k), Turkey ($100k), and United States ($89.8k).

The fastest growing import markets in Rolling Machines for Ecuador between 2021 and 2022 were Italy ($235k), Turkey ($91.1k), and Austria ($83.4k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Rolling Machines exports accounted up to $120 and imports accounted up to $37.9k, resulting in a negative trade balance of $37.8k. Between March 2017 and December 2021 the exports of Ecuador's   Rolling Machines have decreased by $-11k (-98.9%) from $11.1k to $120, while imports increased by $7.07k (22.9%) from $30.8k to $37.9k.

Destinations In December 2021, Rolling Machines were exported mostly to China ($120), and were imported mostly from Argentina ($11.7k), Italy ($9.09k), China ($8.25k), Brazil ($4.25k), and Hong Kong ($2.5k).

Growth In December 2021, the decrease in Rolling Machines's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Rolling Machines's year-by-year imports was explained primarily by an increase in imports from China ($27.6k or 47.2%), United States ($6.44k or 2.15k%), and Switzerland ($156 or 39.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2017 - December 2021)$-11k(-98.9%)
IMPORT GROWTH (December 2020 - December 2021)$7.07k(22.9%)
MAIN DESTINATION (December 2021)China$120

This section shows Rolling 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 Rolling Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$226k
IMPORTS (2022)$1.44M
NET TRADE (2022)-$1.21M

In 2022, Ecuador exported $226k in Rolling Machines. The main destinations of Ecuador exports on Rolling Machines were Germany ($187k), Italy ($31.5k), United States ($4.83k), Belgium ($1.82k), and Peru ($1.37k).

In 2022, Ecuador imported $1.44M in Rolling Machines, mainly from China ($485k), Italy ($418k), Austria ($108k), Turkey ($100k), and United States ($89.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rolling Machines EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Germany$187k (1%)
United States$4.83k (1%)
Belgium$1.5k (466%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rolling Machines BY Ecuador WERE (2021 - 2022):
Mexico-$17.5k (-100%)
Italy-$2.73k (-7.96%)
China-$170 (-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 Rolling Machines were:
Japan $257M
Italy $254M
South Korea $235M
In 2022, Ecuador's main importing competitors in Rolling Machines were:
China $513M
United States $181M
Germany $73.2M

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Trade Value of Rolling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.9k
TOP IMPORT POTENTIALChina+ $91k

Rolling Machines’s highest export potential is United States. With an export gap of $15.9k.   Rolling Machines’s highest import potential is China with an import gap of $91k.

See methodology.

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