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Pricing

2022
Exports $103kWorld Rnk 95 / 172
Flag Rnk 542 / 1017
2022
Destination $95.3k Colombia
2021 - 2022
FASTEST GROWING MARKET $95.3kColombia
2022
PRODUCT COMPLEXITY IN Sewing Machines0.71Rnk 275 / 1025
2022
Imports $14.2MWorld Rnk 60 / 214
Flag Rnk 309 / 1175
2022
Origin $1.07MN/A
2021 - 2022
FASTEST GROWING ORIGIN $1.07MChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $103k in Sewing Machines, making it the 95th largest exporter of Sewing Machines in the world. At the same year, Sewing Machines was the 542nd most exported product in Ecuador. The main destination of Sewing Machines exports from Ecuador are: Colombia ($101k), Panama ($1.15k), United States ($400), Guatemala ($101), and El Salvador ($27).

The fastest growing export markets for Sewing Machines of Ecuador between 2021 and 2022 were Colombia ($95.3k), Panama ($1.15k), and El Salvador ($27).

Imports In 2022, Ecuador imported $14.2M in Sewing Machines, becoming the 60th largest importer of Sewing Machines in the world. At the same year, Sewing Machines was the 309th most imported product in Ecuador. Ecuador imports Sewing Machines primarily from: N/A.

The fastest growing import markets in Sewing Machines for Ecuador between 2021 and 2022 were China ($1.07M), Chinese Taipei ($569k), and Vietnam ($229k).

COMPANIES In 2021, leading companies such as Chiquita (1) were at the forefront of shipping Sewing Machines from Ecuador to the United States.

Latest Trends

November 2021

About

Overview In November 2021 Ecuador's Sewing Machines exports accounted up to $7.38k and imports accounted up to $988k, resulting in a negative trade balance of $981k. Between May 2015 and November 2021 the exports of Ecuador's   Sewing Machines have increased by $3.38k (84.5%) from $4k to $7.38k, while imports decreased by $-280k (-22.1%) from $1.27M to $988k.

Destinations In November 2021, Sewing Machines were exported mostly to , and were imported mostly from China ($604k), United States ($183k), Japan ($76.9k), Vietnam ($55.7k), and Chinese Taipei ($53.8k).

Growth In November 2021, the increase in Sewing Machines's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the decrease in Sewing Machines's year-by-year imports was explained primarily by a decrease in imports from China ($-95.6k or -12%), Chinese Taipei ($-56.7k or -96.8%), and United States ($-43.7k or -62.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2015 - November 2021)$3.38k(84.5%)
IMPORT GROWTH (December 2020 - December 2021)$-280k(-22.1%)
MAIN DESTINATION (November 2021)

This section shows Sewing 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 Sewing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$103k
IMPORTS (2022)$14.2M
NET TRADE (2022)-$14.1M

In 2022, Ecuador exported $103k in Sewing Machines. The main destinations of Ecuador exports on Sewing Machines were Colombia ($101k), Panama ($1.15k), United States ($400), Guatemala ($101), and El Salvador ($27).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Sewing Machines EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Colombia$95.3k (1.71k%)
Panama$1.15k (1%)
El Salvador$27 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sewing Machines BY Ecuador WERE (2021 - 2022):
United States-$15.3k (-97.5%)
Chile-$4.9k (-100%)
Sri Lanka-$4.32k (-100%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Sewing Machines were:
China $2.5B
Vietnam $557M
Japan $405M
In 2022, Ecuador's main importing competitors in Sewing Machines were:
United States $486M
India $376M
Vietnam $351M

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Trade Value of Sewing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $535
TOP IMPORT POTENTIALVietnam+ $375k

Sewing Machines’s highest export potential is United States. With an export gap of $535.   Sewing Machines’s highest import potential is Vietnam with an import gap of $375k.

See methodology.

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