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2022
Exports $332kWorld Rnk 72 / 175
Flag Rnk 403 / 1017
2022
Destination $160k United States
2021 - 2022
FASTEST GROWING MARKET $160kUnited States
2022
PRODUCT COMPLEXITY IN Used Rubber Tires0.67Rnk 290 / 1025
2022
Imports $13.6MWorld Rnk 41 / 219
Flag Rnk 315 / 1175
2022
Origin $1.4M Peru
2021 - 2022
FASTEST GROWING ORIGIN $1.4MPeru
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $332k in Used Rubber Tires, making it the 72nd largest exporter of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 403rd most exported product in Ecuador. The main destination of Used Rubber Tires exports from Ecuador are: United States ($161k), Colombia ($144k), Mexico ($20.6k), Guyana ($3.8k), and El Salvador ($2.6k).

The fastest growing export markets for Used Rubber Tires of Ecuador between 2021 and 2022 were United States ($160k), Colombia ($144k), and Mexico ($19.4k).

Imports In 2022, Ecuador imported $13.6M in Used Rubber Tires, becoming the 41st largest importer of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 315th most imported product in Ecuador. Ecuador imports Used Rubber Tires primarily from: Peru ($5.43M), Brazil ($3.2M), United States ($965k), Mexico ($930k), and Sri Lanka ($705k).

The fastest growing import markets in Used Rubber Tires for Ecuador between 2021 and 2022 were Peru ($1.4M), Brazil ($481k), and Sri Lanka ($301k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Used Rubber Tires exports accounted up to $2 and imports accounted up to $1.33M, resulting in a negative trade balance of $1.33M. Between May 2018 and December 2021 the exports of Ecuador's   Used Rubber Tires have decreased by $-331 (-99.4%) from $333 to $2, while imports increased by $11.7k (0.89%) from $1.32M to $1.33M.

Destinations In December 2021, Used Rubber Tires were exported mostly to Panama ($2), and were imported mostly from Peru ($486k), Mexico ($415k), Brazil ($206k), Sri Lanka ($77.6k), and Malaysia ($58.7k).

Growth In December 2021, the decrease in Used Rubber Tires's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Used Rubber Tires's year-by-year imports was explained primarily by an increase in imports from Brazil ($260k or 119%), Mexico ($201k or 242%), and Colombia ($13.1k or 35.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2018 - December 2021)$-331(-99.4%)
IMPORT GROWTH (December 2020 - December 2021)$11.7k(0.89%)
MAIN DESTINATION (December 2021)Panama$2

This section shows Used Rubber Tires'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 Used Rubber Tires over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$332k
IMPORTS (2022)$13.6M
NET TRADE (2022)-$13.2M

In 2022, Ecuador exported $332k in Used Rubber Tires. The main destinations of Ecuador exports on Used Rubber Tires were United States ($161k), Colombia ($144k), Mexico ($20.6k), Guyana ($3.8k), and El Salvador ($2.6k).

In 2022, Ecuador imported $13.6M in Used Rubber Tires, mainly from Peru ($5.43M), Brazil ($3.2M), United States ($965k), Mexico ($930k), and Sri Lanka ($705k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Used Rubber Tires EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$160k (14.1k%)
Colombia$144k (1%)
Mexico$19.4k (1.71k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Used Rubber Tires BY Ecuador WERE (2021 - 2022):
Peru-$1.72k (-100%)
Germany-$1.32k (-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 Used Rubber Tires were:
Sri Lanka $455M
Germany $342M
China $196M
In 2022, Ecuador's main importing competitors in Used Rubber Tires were:
United States $459M
Germany $232M
France $190M

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Trade Value of Used Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $13.8k
TOP IMPORT POTENTIALChina+ $312k

Used Rubber Tires’s highest export potential is Mexico. With an export gap of $13.8k.   Used Rubber Tires’s highest import potential is China with an import gap of $312k.

See methodology.

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