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Pricing

2022
Exports $544kWorld Rnk 92 / 207
Flag Rnk 341 / 1017
2022
Destination $82.7k Peru
2021 - 2022
FASTEST GROWING MARKET $82.7kEl Salvador
2022
PRODUCT COMPLEXITY IN Iron Housewares-0.78Rnk 776 / 1025
2022
Imports $21.4MWorld Rnk 90 / 223
Flag Rnk 232 / 1175
2022
Origin $976k China
2021 - 2022
FASTEST GROWING ORIGIN $976kPeru
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $544k in Iron Housewares, making it the 92nd largest exporter of Iron Housewares in the world. At the same year, Iron Housewares was the 341st most exported product in Ecuador. The main destination of Iron Housewares exports from Ecuador are: Peru ($284k), Guatemala ($83k), El Salvador ($82.7k), Nicaragua ($51.7k), and Bermuda ($10k).

The fastest growing export markets for Iron Housewares of Ecuador between 2021 and 2022 were El Salvador ($82.7k), Guatemala ($80.9k), and Peru ($59.4k).

Imports In 2022, Ecuador imported $21.4M in Iron Housewares, becoming the 90th largest importer of Iron Housewares in the world. At the same year, Iron Housewares was the 232nd most imported product in Ecuador. Ecuador imports Iron Housewares primarily from: China ($11.8M), Peru ($4.38M), Brazil ($1.51M), United States ($842k), and Colombia ($828k).

The fastest growing import markets in Iron Housewares for Ecuador between 2021 and 2022 were Peru ($976k), China ($240k), and Colombia ($240k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Iron Housewares exports accounted up to $16.3k and imports accounted up to $2.45M, resulting in a negative trade balance of $2.43M. Between December 2020 and December 2021 the exports of Ecuador's   Iron Housewares have decreased by $-16k (-49.5%) from $32.4k to $16.3k, while imports increased by $1.63M (200%) from $816k to $2.45M.

Destinations In December 2021, Iron Housewares were exported mostly to Peru ($16.3k), Cuba ($23.1), and Panama ($1.2), and were imported mostly from China ($1.44M), Peru ($666k), Brazil ($132k), India ($105k), and Thailand ($37.5k).

Growth In December 2021, the decrease in Iron Housewares's year-by-year exports was explained primarily by a decrease in exports to United States ($-962 or -99%). In December 2021, the increase in Iron Housewares's year-by-year imports was explained primarily by an increase in imports from Brazil ($416k or 238%), Colombia ($2.86k or 23.4%), and United States ($2.32k or 48.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-16k(-49.5%)
IMPORT GROWTH (December 2020 - December 2021)$1.63M(200%)
MAIN DESTINATION (December 2021)Peru$16.3k

This section shows Iron Housewares'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 Iron Housewares over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$544k
IMPORTS (2022)$21.4M
NET TRADE (2022)-$20.9M

In 2022, Ecuador exported $544k in Iron Housewares. The main destinations of Ecuador exports on Iron Housewares were Peru ($284k), Guatemala ($83k), El Salvador ($82.7k), Nicaragua ($51.7k), and Bermuda ($10k).

In 2022, Ecuador imported $21.4M in Iron Housewares, mainly from China ($11.8M), Peru ($4.38M), Brazil ($1.51M), United States ($842k), and Colombia ($828k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Housewares EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
El Salvador$82.7k (919k%)
Guatemala$80.9k (3.83k%)
Peru$59.4k (26.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Housewares BY Ecuador WERE (2021 - 2022):
Dominican Republic-$68.3k (-100%)
United States-$46.2k (-96%)
Colombia-$18.5k (-67.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Iron Housewares were:
China $12.2B
India $744M
Germany $742M
In 2022, Ecuador's main importing competitors in Iron Housewares were:
United States $3.97B
Germany $1.22B
France $532M

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Trade Value of Iron Housewares by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $53.7k
TOP IMPORT POTENTIALChina+ $2.67M

Iron Housewares’s highest export potential is Peru. With an export gap of $53.7k.   Iron Housewares’s highest import potential is China with an import gap of $2.67M.

See methodology.

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