2022
Exports
$11.4MWorld Rnk 79 / 223
Flag Rnk 84 / 1017
2022
PRODUCT COMPLEXITY IN Other Furniture
0.34Rnk 424 / 1025
2022
Imports
$51.4MWorld Rnk 99 / 225
Flag Rnk 103 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $11.4M in Other Furniture, making it the 79th largest exporter of Other Furniture in the world. At the same year, Other Furniture was the 84th most exported product in Ecuador. The main destination of Other Furniture exports from Ecuador are: United States ($4.87M), Panama ($1.37M), Peru ($812k), United Arab Emirates ($740k), and United Kingdom ($393k).

The fastest growing export markets for Other Furniture of Ecuador between 2021 and 2022 were United States ($1.12M), Qatar ($281k), and Peru ($280k).

Imports In 2022, Ecuador imported $51.4M in Other Furniture, becoming the 99th largest importer of Other Furniture in the world. At the same year, Other Furniture was the 103rd most imported product in Ecuador. Ecuador imports Other Furniture primarily from: China ($21.2M), Brazil ($7.71M), United States ($7.3M), Colombia ($6.37M), and Spain ($3.13M).

The fastest growing import markets in Other Furniture for Ecuador between 2021 and 2022 were United States ($2.48M), Colombia ($1.67M), and Spain ($1.5M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Other Furniture. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.4M
IMPORTS (2022)$51.4M
NET TRADE (2022)-$40M

In 2022, Ecuador exported $11.4M in Other Furniture. The main destinations of Ecuador exports on Other Furniture were United States ($4.87M), Panama ($1.37M), Peru ($812k), United Arab Emirates ($740k), and United Kingdom ($393k).

In 2022, Ecuador imported $51.4M in Other Furniture, mainly from China ($21.2M), Brazil ($7.71M), United States ($7.3M), Colombia ($6.37M), and Spain ($3.13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Furniture EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$1.12M (29.8%)
Qatar$281k (1%)
Peru$280k (52.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Furniture BY Ecuador WERE (2021 - 2022):
Chile-$633k (-66.7%)
Bolivia-$172k (-50.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Other Furniture were:
China $36.6B
Vietnam $9.13B
Germany $8.79B
In 2022, Ecuador's main importing competitors in Other Furniture were:

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Trade Value of Other Furniture by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.81M
TOP IMPORT POTENTIALChina+ $11.4M

Other Furniture’s highest export potential is United States. With an export gap of $5.81M.   Other Furniture’s highest import potential is China with an import gap of $11.4M.

See methodology.

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