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2022
Exports $1.16MWorld Rnk 86 / 193
Flag Rnk 256 / 1017
2022
Destination $946k United States
2021 - 2022
FASTEST GROWING MARKET $946kUnited States
2022
PRODUCT COMPLEXITY IN Knit Women's Undergarments-1.38Rnk 928 / 1025
2022
Imports $12.6MWorld Rnk 78 / 214
Flag Rnk 333 / 1175
2022
Origin $640k China
2021 - 2022
FASTEST GROWING ORIGIN $640kChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $1.16M in Knit Women's Undergarments, making it the 86th largest exporter of Knit Women's Undergarments in the world. At the same year, Knit Women's Undergarments was the 256th most exported product in Ecuador. The main destination of Knit Women's Undergarments exports from Ecuador are: United States ($1.14M), Chile ($7.41k), Colombia ($6.47k), Peru ($3k), and Costa Rica ($2.87k).

The fastest growing export markets for Knit Women's Undergarments of Ecuador between 2021 and 2022 were United States ($946k), Colombia ($6.47k), and Peru ($2.75k).

Imports In 2022, Ecuador imported $12.6M in Knit Women's Undergarments, becoming the 78th largest importer of Knit Women's Undergarments in the world. At the same year, Knit Women's Undergarments was the 333rd most imported product in Ecuador. Ecuador imports Knit Women's Undergarments primarily from: China ($5.73M), Colombia ($4.95M), Bangladesh ($404k), Peru ($296k), and Spain ($205k).

The fastest growing import markets in Knit Women's Undergarments for Ecuador between 2021 and 2022 were China ($640k), United States ($130k), and Bangladesh ($122k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Knit Women's Undergarments exports accounted up to $16.6k and imports accounted up to $1.01M, resulting in a negative trade balance of $996k. Between January 2020 and December 2021 the exports of Ecuador's   Knit Women's Undergarments have increased by $16.4k (12.4k%) from $133 to $16.6k, while imports increased by $236k (30.4%) from $776k to $1.01M.

Destinations In December 2021, Knit Women's Undergarments were exported mostly to United States ($15.3k), Bolivia ($921), Costa Rica ($373), and Panama ($12.1), and were imported mostly from Colombia ($428k), China ($354k), Sri Lanka ($59.5k), Bangladesh ($40.2k), and Vietnam ($40.1k).

Growth In December 2021, the increase in Knit Women's Undergarments's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Knit Women's Undergarments's year-by-year imports was explained primarily by an increase in imports from Colombia ($56.3k or 28.1%), Argentina ($1.01k or 6.3k%), and Bangladesh ($383 or 2.64k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2020 - December 2021)$16.4k(12.4k%)
IMPORT GROWTH (December 2020 - December 2021)$236k(30.4%)
MAIN DESTINATION (December 2021)United States$15.3k

This section shows Knit Women's Undergarments'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 Women's Undergarments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.16M
IMPORTS (2022)$12.6M
NET TRADE (2022)-$11.4M

In 2022, Ecuador exported $1.16M in Knit Women's Undergarments. The main destinations of Ecuador exports on Knit Women's Undergarments were United States ($1.14M), Chile ($7.41k), Colombia ($6.47k), Peru ($3k), and Costa Rica ($2.87k).

In 2022, Ecuador imported $12.6M in Knit Women's Undergarments, mainly from China ($5.73M), Colombia ($4.95M), Bangladesh ($404k), Peru ($296k), and Spain ($205k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Undergarments EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$946k (484%)
Colombia$6.47k (1%)
Peru$2.75k (1.07k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Undergarments BY Ecuador WERE (2021 - 2022):
Chile-$11.6k (-61.1%)
Costa Rica-$5.41k (-65.4%)
Norway-$4.37k (-100%)
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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 Women's Undergarments were:
China $6.96B
Bangladesh $1.74B
Vietnam $1.05B
In 2022, Ecuador's main importing competitors in Knit Women's Undergarments were:
United States $4.19B
Germany $1.23B
United Kingdom $817M

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Trade Value of Knit Women's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $803k
TOP IMPORT POTENTIALChina+ $1.84M

Knit Women's Undergarments’s highest export potential is United States. With an export gap of $803k.   Knit Women's Undergarments’s highest import potential is China with an import gap of $1.84M.

See methodology.

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