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2022
Exports $825World Rnk 121 / 164
Flag Rnk 910 / 1017
2022
Destination $260 Panama
2021 - 2022
FASTEST GROWING MARKET $260United States
2022
Imports $428kWorld Rnk 70 / 201
Flag Rnk 887 / 1175
2022
Origin $216k China
2021 - 2022
FASTEST GROWING ORIGIN $216kChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $825 in Neck Ties, making it the 121st largest exporter of Neck Ties in the world. At the same year, Neck Ties was the 910th most exported product in Ecuador. The main destination of Neck Ties exports from Ecuador are: Panama ($366), United States ($280), Canada ($124), Guatemala ($31), and Bolivia ($24).

The fastest growing export markets for Neck Ties of Ecuador between 2021 and 2022 were United States ($260), Panama ($144), and Canada ($124).

Imports In 2022, Ecuador imported $428k in Neck Ties, becoming the 70th largest importer of Neck Ties in the world. At the same year, Neck Ties was the 887th most imported product in Ecuador. Ecuador imports Neck Ties primarily from: China ($298k), Colombia ($55.9k), Italy ($45.5k), Germany ($6.78k), and Turkey ($6.63k).

The fastest growing import markets in Neck Ties for Ecuador between 2021 and 2022 were China ($216k), Colombia ($16.9k), and Italy ($7.2k).

Latest Trends

April 2021

About

Overview In April 2021 Ecuador's Neck Ties exports accounted up to $20 and imports accounted up to $48.2k, resulting in a negative trade balance of $48.2k. Between November 2013 and April 2021 the exports of Ecuador's   Neck Ties have decreased by $-69 (-77.5%) from $89 to $20, while imports increased by $18.4k (61.8%) from $29.8k to $48.2k.

Destinations In April 2021, Neck Ties were exported mostly to , and were imported mostly from China ($35k), Italy ($10.5k), Colombia ($2.17k), Germany ($354), and Turkey ($187).

Growth In April 2021, the decrease in Neck Ties's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Neck Ties's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2013 - April 2021)$-69(-77.5%)
IMPORT GROWTH (December 2020 - December 2021)$18.4k(61.8%)
MAIN DESTINATION (April 2021)

This section shows Neck Ties'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 Neck Ties over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$825
IMPORTS (2022)$428k
NET TRADE (2022)-$428k

In 2022, Ecuador exported $825 in Neck Ties. The main destinations of Ecuador exports on Neck Ties were Panama ($366), United States ($280), Canada ($124), Guatemala ($31), and Bolivia ($24).

In 2022, Ecuador imported $428k in Neck Ties, mainly from China ($298k), Colombia ($55.9k), Italy ($45.5k), Germany ($6.78k), and Turkey ($6.63k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Neck Ties EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$260 (1.3k%)
Panama$144 (64.9%)
Canada$124 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Neck Ties BY Ecuador WERE (2021 - 2022):
Mexico-$300 (-100%)
Slovakia-$14 (-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 Neck Ties were:
China $232M
Italy $89.5M
France $45.7M
In 2022, Ecuador's main importing competitors in Neck Ties were:
United States $106M
India $51.9M
Japan $41.5M

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Trade Value of Neck Ties by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.01k
TOP IMPORT POTENTIALChina+ $29.6k

Neck Ties’s highest export potential is United States. With an export gap of $1.01k.   Neck Ties’s highest import potential is China with an import gap of $29.6k.

See methodology.

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