2022
Exports
$13.1MWorld Rnk 65 / 221
Flag Rnk 79 / 1017
2022
PRODUCT COMPLEXITY IN Liquid Pumps
1.19Rnk 105 / 1025
2022
Imports
$133MWorld Rnk 67 / 225
Flag Rnk 40 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $13.1M in Liquid Pumps, making it the 65th largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 79th most exported product in Ecuador. The main destination of Liquid Pumps exports from Ecuador are: United States ($6.02M), Colombia ($1.73M), Venezuela ($1.27M), Argentina ($842k), and Canada ($667k).

The fastest growing export markets for Liquid Pumps of Ecuador between 2021 and 2022 were United States ($4.88M), Venezuela ($798k), and Argentina ($768k).

Imports In 2022, Ecuador imported $133M in Liquid Pumps, becoming the 67th largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 40th most imported product in Ecuador. Ecuador imports Liquid Pumps primarily from: China ($37.5M), United States ($32.1M), Italy ($9.56M), Singapore ($8.92M), and Brazil ($5.97M).

The fastest growing import markets in Liquid Pumps for Ecuador between 2021 and 2022 were Singapore ($4.85M), United States ($1.74M), and Peru ($1.03M).

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-573k(-40.2%)
IMPORT GROWTH (December 2020 - December 2021)$7.28M(67.9%)
MAIN DESTINATION (December 2021)United States$399k

This section shows Liquid Pumps'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 Liquid Pumps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$13.1M
IMPORTS (2022)$133M
NET TRADE (2022)-$119M

In 2022, Ecuador exported $13.1M in Liquid Pumps. The main destinations of Ecuador exports on Liquid Pumps were United States ($6.02M), Colombia ($1.73M), Venezuela ($1.27M), Argentina ($842k), and Canada ($667k).

In 2022, Ecuador imported $133M in Liquid Pumps, mainly from China ($37.5M), United States ($32.1M), Italy ($9.56M), Singapore ($8.92M), and Brazil ($5.97M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Pumps EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$4.88M (429%)
Venezuela$798k (170%)
Argentina$768k (1.03k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Pumps BY Ecuador WERE (2021 - 2022):
Nicaragua-$1.78M (-93%)
Saudi Arabia-$554k (-99.5%)
Mexico-$278k (-67.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Liquid Pumps were:
In 2022, Ecuador's main importing competitors in Liquid Pumps were:

Explore Visualizations

Trade Value of Liquid Pumps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.37M
TOP IMPORT POTENTIALChina+ $9.81M

Liquid Pumps’s highest export potential is United States. With an export gap of $4.37M.   Liquid Pumps’s highest import potential is China with an import gap of $9.81M.

See methodology.

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