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2022
Exports $6.06kWorld Rnk 112 / 124
Flag Rnk 818 / 1017
2022
Destination $4.64k Estonia
2021 - 2022
FASTEST GROWING MARKET $4.64kEstonia
2022
PRODUCT COMPLEXITY IN Cold-Rolled Iron0.081Rnk 526 / 1025
2022
Imports $50.7MWorld Rnk 54 / 203
Flag Rnk 104 / 1175
2022
Origin $6.78M China
2021 - 2022
FASTEST GROWING ORIGIN $6.78MChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $6.06k in Cold-Rolled Iron, making it the 112th largest exporter of Cold-Rolled Iron in the world. At the same year, Cold-Rolled Iron was the 818th most exported product in Ecuador. The main destination of Cold-Rolled Iron exports from Ecuador are: Estonia ($4.64k), Nicaragua ($1.41k), and Panama ($17).

The fastest growing export markets for Cold-Rolled Iron of Ecuador between 2021 and 2022 were Estonia ($4.64k) and Panama ($17).

Imports In 2022, Ecuador imported $50.7M in Cold-Rolled Iron, becoming the 54th largest importer of Cold-Rolled Iron in the world. At the same year, Cold-Rolled Iron was the 104th most imported product in Ecuador. Ecuador imports Cold-Rolled Iron primarily from: China ($39.5M), Japan ($7.01M), Brazil ($1.91M), Russia ($706k), and Mexico ($297k).

The fastest growing import markets in Cold-Rolled Iron for Ecuador between 2021 and 2022 were China ($6.78M), Japan ($6.74M), and Brazil ($1.88M).

Latest Trends

November 2021

About

Overview In November 2021 Ecuador's Cold-Rolled Iron exports accounted up to $212k and imports accounted up to $3.25M, resulting in a negative trade balance of $3.03M. Between October 2018 and November 2021 the exports of Ecuador's   Cold-Rolled Iron have increased by $211k (80.1k%) from $264 to $212k, while imports increased by $1.03M (46.6%) from $2.21M to $3.25M.

Destinations In November 2021, Cold-Rolled Iron were exported mostly to , and were imported mostly from China ($2.81M), South Korea ($402k), Germany ($30.6k), and Brazil ($939).

Growth In November 2021, the increase in Cold-Rolled Iron's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Cold-Rolled Iron's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2018 - November 2021)$211k(80.1k%)
IMPORT GROWTH (December 2020 - December 2021)$1.03M(46.6%)
MAIN DESTINATION (November 2021)

This section shows Cold-Rolled Iron'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 Cold-Rolled Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.06k
IMPORTS (2022)$50.7M
NET TRADE (2022)-$50.6M

In 2022, Ecuador exported $6.06k in Cold-Rolled Iron. The main destinations of Ecuador exports on Cold-Rolled Iron were Estonia ($4.64k), Nicaragua ($1.41k), and Panama ($17).

In 2022, Ecuador imported $50.7M in Cold-Rolled Iron, mainly from China ($39.5M), Japan ($7.01M), Brazil ($1.91M), Russia ($706k), and Mexico ($297k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cold-Rolled Iron EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Estonia$4.64k (1%)
Panama$17 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cold-Rolled Iron BY Ecuador WERE (2021 - 2022):
Nicaragua-$1.83M (-99.9%)
Honduras-$541k (-100%)
China-$2.48k (-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 Cold-Rolled Iron were:
South Korea $3.19B
China $2.87B
Japan $1.62B
In 2022, Ecuador's main importing competitors in Cold-Rolled Iron were:
United States $1.77B
Mexico $1.16B
China $1.02B

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Trade Value of Cold-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $609
TOP IMPORT POTENTIALJapan+ $1.15M

Cold-Rolled Iron’s highest export potential is United States. With an export gap of $609.   Cold-Rolled Iron’s highest import potential is Japan with an import gap of $1.15M.

See methodology.

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