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2022
Exports $2.81MWorld Rnk 53 / 182
Flag Rnk 172 / 1017
2022
Destination $539k United States
2021 - 2022
FASTEST GROWING MARKET $539kUnited States
2022
PRODUCT COMPLEXITY IN Blankets-0.91Rnk 813 / 1025
2022
Imports $1.38MWorld Rnk 136 / 220
Flag Rnk 729 / 1175
2022
Origin $140k China
2021 - 2022
FASTEST GROWING ORIGIN $140kUnited States
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $2.81M in Blankets, making it the 53rd largest exporter of Blankets in the world. At the same year, Blankets was the 172nd most exported product in Ecuador. The main destination of Blankets exports from Ecuador are: United States ($1.73M), Colombia ($358k), Canada ($356k), Netherlands ($114k), and Germany ($41.6k).

The fastest growing export markets for Blankets of Ecuador between 2021 and 2022 were United States ($539k), Colombia ($226k), and Canada ($121k).

Imports In 2022, Ecuador imported $1.38M in Blankets, becoming the 136th largest importer of Blankets in the world. At the same year, Blankets was the 729th most imported product in Ecuador. Ecuador imports Blankets primarily from: China ($466k), Chile ($243k), United States ($231k), Peru ($123k), and Colombia ($117k).

The fastest growing import markets in Blankets for Ecuador between 2021 and 2022 were United States ($140k), Colombia ($109k), and Peru ($106k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Blankets exports accounted up to $92.8k and imports accounted up to $14k, resulting in a positive trade balance of $78.8k. Between December 2020 and December 2021 the exports of Ecuador's   Blankets have decreased by $-33.1k (-26.3%) from $126k to $92.8k, while imports decreased by $-19.2k (-57.8%) from $33.2k to $14k.

Destinations In December 2021, Blankets were exported mostly to N/A, and were imported mostly from United States ($7.35k), China ($3.47k), Bangladesh ($1.57k), India ($1.11k), and Colombia ($339).

Growth In December 2021, the decrease in Blankets's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the decrease in Blankets's year-by-year imports was explained primarily by a decrease in imports from China ($-46.9k or -88.2%) and United States ($-45.2k or -92.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-33.1k(-26.3%)
IMPORT GROWTH (December 2020 - December 2021)$-19.2k(-57.8%)

This section shows Blankets'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 Blankets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.81M
IMPORTS (2022)$1.38M
NET TRADE (2022)$1.43M

In 2022, Ecuador exported $2.81M in Blankets. The main destinations of Ecuador exports on Blankets were United States ($1.73M), Colombia ($358k), Canada ($356k), Netherlands ($114k), and Germany ($41.6k).

In 2022, Ecuador imported $1.38M in Blankets, mainly from China ($466k), Chile ($243k), United States ($231k), Peru ($123k), and Colombia ($117k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Blankets EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$539k (45.1%)
Colombia$226k (170%)
Canada$121k (51.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Blankets BY Ecuador WERE (2021 - 2022):
Peru-$12.4k (-91.7%)
France-$6.83k (-56%)
New Zealand-$2.87k (-75.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Blankets were:
China $4.39B
India $217M
Germany $91.3M
In 2022, Ecuador's main importing competitors in Blankets were:
United States $1.95B
Japan $251M
Germany $248M

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Trade Value of Blankets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.26M
TOP IMPORT POTENTIALChina+ $421k

Blankets’s highest export potential is United States. With an export gap of $1.26M.   Blankets’s highest import potential is China with an import gap of $421k.

See methodology.

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