2022
Exports
$3.63MWorld Rnk 68 / 213
Flag Rnk 150 / 1017
2022
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.7Rnk 24 / 1025
2022
Imports
$36.3MWorld Rnk 63 / 225
Flag Rnk 153 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $3.63M in Interchangeable Tool Parts, making it the 68th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 150th most exported product in Ecuador. The main destination of Interchangeable Tool Parts exports from Ecuador are: Colombia ($2.08M), United States ($1.14M), Peru ($165k), Australia ($71.4k), and Poland ($66.9k).

The fastest growing export markets for Interchangeable Tool Parts of Ecuador between 2021 and 2022 were Colombia ($1.28M), United States ($854k), and Poland ($66.9k).

Imports In 2022, Ecuador imported $36.3M in Interchangeable Tool Parts, becoming the 63rd largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 153rd most imported product in Ecuador. Ecuador imports Interchangeable Tool Parts primarily from: United States ($10.9M), China ($7.96M), Canada ($2.73M), Italy ($2.47M), and Sweden ($2.17M).

The fastest growing import markets in Interchangeable Tool Parts for Ecuador between 2021 and 2022 were United States ($3.72M), Italy ($1.17M), and Austria ($606k).

COMPANIES In 2021, leading companies such as Dole Fresh Fruit (251) and Amazon Produce Network (8) were at the forefront of shipping Interchangeable Tool Parts from Ecuador to the United States.

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$79.2k(71.8%)
IMPORT GROWTH (December 2020 - December 2021)$1.55M(76.9%)
MAIN DESTINATION (December 2021)Colombia$186k

This section shows Interchangeable Tool 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 Interchangeable Tool Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.63M
IMPORTS (2022)$36.3M
NET TRADE (2022)-$32.6M

In 2022, Ecuador exported $3.63M in Interchangeable Tool Parts. The main destinations of Ecuador exports on Interchangeable Tool Parts were Colombia ($2.08M), United States ($1.14M), Peru ($165k), Australia ($71.4k), and Poland ($66.9k).

In 2022, Ecuador imported $36.3M in Interchangeable Tool Parts, mainly from United States ($10.9M), China ($7.96M), Canada ($2.73M), Italy ($2.47M), and Sweden ($2.17M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Colombia$1.28M (160%)
United States$854k (296%)
Poland$66.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Ecuador WERE (2021 - 2022):
Canada-$1.04M (-99.8%)
Mexico-$207k (-83.7%)
China-$132k (-96.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Interchangeable Tool Parts were:
In 2022, Ecuador's main importing competitors in Interchangeable Tool Parts were:

Explore Visualizations

Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $144k
TOP IMPORT POTENTIALChina+ $3.08M

Interchangeable Tool Parts’s highest export potential is United States. With an export gap of $144k.   Interchangeable Tool Parts’s highest import potential is China with an import gap of $3.08M.

See methodology.

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