Sign In
Pricing

2022
Exports $833kWorld Rnk 76 / 186
Flag Rnk 291 / 1017
2022
Destination $257k Colombia
2021 - 2022
FASTEST GROWING MARKET $257kUnited States
2022
PRODUCT COMPLEXITY IN Electric Motor Parts0.66Rnk 292 / 1025
2022
Imports $14.6MWorld Rnk 72 / 219
Flag Rnk 305 / 1175
2022
Origin $2.29M United States
2021 - 2022
FASTEST GROWING ORIGIN $2.29MPanama
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $833k in Electric Motor Parts, making it the 76th largest exporter of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 291st most exported product in Ecuador. The main destination of Electric Motor Parts exports from Ecuador are: Colombia ($304k), United States ($276k), Peru ($62.8k), South Africa ($52.8k), and United Arab Emirates ($40.6k).

The fastest growing export markets for Electric Motor Parts of Ecuador between 2021 and 2022 were United States ($257k), Colombia ($209k), and South Africa ($52.3k).

Imports In 2022, Ecuador imported $14.6M in Electric Motor Parts, becoming the 72nd largest importer of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 305th most imported product in Ecuador. Ecuador imports Electric Motor Parts primarily from: United States ($3.93M), Singapore ($3.13M), Panama ($2.29M), South Korea ($1.48M), and China ($1.35M).

The fastest growing import markets in Electric Motor Parts for Ecuador between 2021 and 2022 were Panama ($2.29M), United States ($1.05M), and South Korea ($806k).

Latest Trends

November 2021

About

Overview In November 2021 Ecuador's Electric Motor Parts exports accounted up to $14.7k and imports accounted up to $912k, resulting in a negative trade balance of $897k. Between October 2020 and November 2021 the exports of Ecuador's   Electric Motor Parts have increased by $9.06k (161%) from $5.62k to $14.7k, while imports decreased by $-4.58M (-83.4%) from $5.49M to $912k.

Destinations In November 2021, Electric Motor Parts were exported mostly to , and were imported mostly from United States ($289k), Netherlands ($176k), Singapore ($152k), South Korea ($124k), and China ($49.4k).

Growth In November 2021, the increase in Electric Motor Parts's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the decrease in Electric Motor Parts's year-by-year imports was explained primarily by a decrease in imports from Singapore ($-998k or -82.3%), Germany ($-231k or -97.3%), and United States ($-47.8k or -26.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2020 - November 2021)$9.06k(161%)
IMPORT GROWTH (December 2020 - December 2021)$-4.58M(-83.4%)
MAIN DESTINATION (November 2021)

This section shows Electric Motor Parts'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 Electric Motor Parts over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$833k
IMPORTS (2022)$14.6M
NET TRADE (2022)-$13.7M

In 2022, Ecuador exported $833k in Electric Motor Parts. The main destinations of Ecuador exports on Electric Motor Parts were Colombia ($304k), United States ($276k), Peru ($62.8k), South Africa ($52.8k), and United Arab Emirates ($40.6k).

In 2022, Ecuador imported $14.6M in Electric Motor Parts, mainly from United States ($3.93M), Singapore ($3.13M), Panama ($2.29M), South Korea ($1.48M), and China ($1.35M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motor Parts EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$257k (1.38k%)
Colombia$209k (220%)
South Africa$52.3k (10.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motor Parts BY Ecuador WERE (2021 - 2022):
Bolivia-$17.8k (-100%)
Spain-$2.94k (-100%)
Libya-$2.6k (-100%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Electric Motor Parts were:
China $6.95B
Germany $2.21B
Japan $1.62B
In 2022, Ecuador's main importing competitors in Electric Motor Parts were:
Germany $3.58B
United States $3.57B
Mexico $1.33B

Explore Visualizations

Trade Value of Electric Motor Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $353k
TOP IMPORT POTENTIALChina+ $1.66M

Electric Motor Parts’s highest export potential is United States. With an export gap of $353k.   Electric Motor Parts’s highest import potential is China with an import gap of $1.66M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms