2022
Exports
$2.39kWorld Rnk 90 / 109
Flag Rnk 860 / 1017
2022
PRODUCT COMPLEXITY IN Wool
-2.11Rnk 1004 / 1025
2022
Imports
$283kWorld Rnk 58 / 137
Flag Rnk 934 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $2.39k in Wool, making it the 90th largest exporter of Wool in the world. At the same year, Wool was the 860th most exported product in Ecuador. The main destination of Wool exports from Ecuador are: Chile ($2.39k).

The fastest growing export markets for Wool of Ecuador between 2021 and 2022 were Chile ($1.71k).

Imports In 2022, Ecuador imported $283k in Wool, becoming the 58th largest importer of Wool in the world. At the same year, Wool was the 934th most imported product in Ecuador. Ecuador imports Wool primarily from: Uruguay ($216k) and Argentina ($67.3k).

The fastest growing import markets in Wool for Ecuador between 2021 and 2022 were Uruguay ($33.1k).

Latest Trends

October 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2018 - October 2021)$-1.35k(-96.3%)
IMPORT GROWTH (March 2019 - December 2021)$15.8k(23.8%)
MAIN DESTINATION (October 2021)

This section shows Wool'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 Wool over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.39k
IMPORTS (2022)$283k
NET TRADE (2022)-$281k

In 2022, Ecuador exported $2.39k in Wool. The main destinations of Ecuador exports on Wool were Chile ($2.39k).

In 2022, Ecuador imported $283k in Wool, mainly from Uruguay ($216k) and Argentina ($67.3k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):Chile$1.71k (250%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Ecuador WERE (2021 - 2022):Aruba-$6 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Wool were:
In 2022, Ecuador's main importing competitors in Wool were:
China $2.16B
Italy $223M
India $205M

Explore Visualizations

Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $563
TOP IMPORT POTENTIALAustralia+ $1.2k

Wool’s highest export potential is China. With an export gap of $563.   Wool’s highest import potential is Australia with an import gap of $1.2k.

See methodology.

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