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2022
Exports $21kWorld Rnk 131 / 197
Flag Rnk 720 / 1017
2022
Destination $1.42k United States
2021 - 2022
FASTEST GROWING MARKET $1.42kMauritania
2022
PRODUCT COMPLEXITY IN Knit Babies' Garments-1.54Rnk 952 / 1025
2022
Imports $5.76MWorld Rnk 86 / 216
Flag Rnk 475 / 1175
2022
Origin $464k Peru
2021 - 2022
FASTEST GROWING ORIGIN $464kChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $21k in Knit Babies' Garments, making it the 131st largest exporter of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 720th most exported product in Ecuador. The main destination of Knit Babies' Garments exports from Ecuador are: United States ($12.4k), United Kingdom ($2.48k), Mauritania ($1.42k), Bolivia ($1.34k), and Italy ($1.17k).

The fastest growing export markets for Knit Babies' Garments of Ecuador between 2021 and 2022 were Mauritania ($1.42k), Italy ($1.17k), and Guatemala ($333).

Imports In 2022, Ecuador imported $5.76M in Knit Babies' Garments, becoming the 86th largest importer of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 475th most imported product in Ecuador. Ecuador imports Knit Babies' Garments primarily from: Peru ($1.21M), China ($1.1M), Cambodia ($646k), Brazil ($549k), and Bangladesh ($371k).

The fastest growing import markets in Knit Babies' Garments for Ecuador between 2021 and 2022 were China ($464k), Cambodia ($399k), and Bangladesh ($257k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Knit Babies' Garments exports accounted up to $1.65k and imports accounted up to $230k, resulting in a negative trade balance of $228k. Between April 2018 and December 2021 the exports of Ecuador's   Knit Babies' Garments have decreased by $-849 (-34%) from $2.5k to $1.65k, while imports decreased by $-66.6k (-22.5%) from $296k to $230k.

Destinations In December 2021, Knit Babies' Garments were exported mostly to Bolivia ($1.64k) and Panama ($10.8), and were imported mostly from Peru ($121k), China ($31.2k), Brazil ($23.8k), Colombia ($22.6k), and Turkey ($12.3k).

Growth In December 2021, the decrease in Knit Babies' Garments's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the decrease in Knit Babies' Garments's year-by-year imports was explained primarily by a decrease in imports from Peru ($-129k or -58.4%), Thailand ($-49.2k or -82%), and Brazil ($-19.7k or -89.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2018 - December 2021)$-849(-34%)
IMPORT GROWTH (December 2020 - December 2021)$-66.6k(-22.5%)
MAIN DESTINATION (December 2021)Bolivia$1.64k

This section shows Knit Babies' Garments'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 Knit Babies' Garments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$21k
IMPORTS (2022)$5.76M
NET TRADE (2022)-$5.74M

In 2022, Ecuador exported $21k in Knit Babies' Garments. The main destinations of Ecuador exports on Knit Babies' Garments were United States ($12.4k), United Kingdom ($2.48k), Mauritania ($1.42k), Bolivia ($1.34k), and Italy ($1.17k).

In 2022, Ecuador imported $5.76M in Knit Babies' Garments, mainly from Peru ($1.21M), China ($1.1M), Cambodia ($646k), Brazil ($549k), and Bangladesh ($371k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Babies' Garments EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Mauritania$1.42k (1%)
Italy$1.17k (1%)
Guatemala$333 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Babies' Garments BY Ecuador WERE (2021 - 2022):
United States-$8.79k (-41.5%)
United Kingdom-$4.44k (-64.2%)
Bolivia-$2.95k (-68.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Knit Babies' Garments were:
China $2.45B
Bangladesh $1.29B
India $1.08B
In 2022, Ecuador's main importing competitors in Knit Babies' Garments were:
United States $2.31B
Germany $759M
United Kingdom $629M

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Trade Value of Knit Babies' Garments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $35.6k
TOP IMPORT POTENTIALChina+ $531k

Knit Babies' Garments’s highest export potential is United States. With an export gap of $35.6k.   Knit Babies' Garments’s highest import potential is China with an import gap of $531k.

See methodology.

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