Electromagnets in   Ecuador

Overview In December 2021 Ecuador's Electromagnets exports accounted up to $3.28k and imports accounted up to $263k, resulting in a negative trade balance of $260k. Between November 2020 and December 2021 the exports of Ecuador's   Electromagnets have decreased by $-24.5k (-88.2%) from $27.8k to $3.28k, while imports decreased by $-256k (-49.3%) from $519k to $263k.

Destinations In December 2021, Electromagnets were exported mostly to Rest of the world ($3.23k), Belgium ($47.3), and Panama ($1.8), and were imported mostly from Colombia ($57k), United States ($56.9k), Germany ($54.3k), Brazil ($41.1k), and China ($30.1k).

Growth In December 2021, the decrease in Electromagnets's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the decrease in Electromagnets's year-by-year imports was explained primarily by a decrease in imports from Russia ($-75.7k or -75.8%), India ($-62.7k or -64.2%), and Brazil ($-46.2k or -99%).