2022
Exports
$22.6kWorld Rnk 59 / 111
Flag Rnk 711 / 1017
2022
PRODUCT COMPLEXITY IN Rubber Thread
0.38Rnk 414 / 1025
2022
Imports
$2.16MWorld Rnk 45 / 194
Flag Rnk 653 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $22.6k in Rubber Thread, making it the 59th largest exporter of Rubber Thread in the world. At the same year, Rubber Thread was the 711th most exported product in Ecuador. The main destination of Rubber Thread exports from Ecuador are: Colombia ($22.6k) and Panama ($44).

The fastest growing export markets for Rubber Thread of Ecuador between 2021 and 2022 were Colombia ($22.6k) and Panama ($43).

Imports In 2022, Ecuador imported $2.16M in Rubber Thread, becoming the 45th largest importer of Rubber Thread in the world. At the same year, Rubber Thread was the 653rd most imported product in Ecuador. Ecuador imports Rubber Thread primarily from: Thailand ($1.1M), Malaysia ($603k), China ($336k), United States ($66.7k), and Netherlands ($16.8k).

The fastest growing import markets in Rubber Thread for Ecuador between 2021 and 2022 were Thailand ($206k), Malaysia ($101k), and Switzerland ($15.8k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Rubber Thread. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$22.6k
IMPORTS (2022)$2.16M
NET TRADE (2022)-$2.14M

In 2022, Ecuador exported $22.6k in Rubber Thread. The main destinations of Ecuador exports on Rubber Thread were Colombia ($22.6k) and Panama ($44).

In 2022, Ecuador imported $2.16M in Rubber Thread, mainly from Thailand ($1.1M), Malaysia ($603k), China ($336k), United States ($66.7k), and Netherlands ($16.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Thread EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Colombia$22.6k (1%)
Panama$43 (4.3k%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Rubber Thread were:
In 2022, Ecuador's main importing competitors in Rubber Thread were:

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Trade Value of Rubber Thread by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $416
TOP IMPORT POTENTIALMalaysia+ $6.19k

Rubber Thread’s highest export potential is China. With an export gap of $416.   Rubber Thread’s highest import potential is Malaysia with an import gap of $6.19k.

See methodology.

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