2022
Exports
$227kWorld Rnk 108 / 218
Flag Rnk 454 / 1017
2022
PRODUCT COMPLEXITY IN Other Hand Tools
1.51Rnk 50 / 1025
2022
Imports
$18.7MWorld Rnk 68 / 224
Flag Rnk 252 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $227k in Other Hand Tools, making it the 108th largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 454th most exported product in Ecuador. The main destination of Other Hand Tools exports from Ecuador are: Mexico ($79.5k), Colombia ($45k), United States ($27.5k), Maldives ($15.9k), and Italy ($12.8k).

The fastest growing export markets for Other Hand Tools of Ecuador between 2021 and 2022 were Mexico ($69.1k), Maldives ($15.9k), and Italy ($12.8k).

Imports In 2022, Ecuador imported $18.7M in Other Hand Tools, becoming the 68th largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 252nd most imported product in Ecuador. Ecuador imports Other Hand Tools primarily from: China ($11M), United States ($2.83M), Chinese Taipei ($853k), Colombia ($712k), and Mexico ($605k).

The fastest growing import markets in Other Hand Tools for Ecuador between 2021 and 2022 were China ($634k), Japan ($136k), and India ($127k).

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-5.48k(-77.4%)
IMPORT GROWTH (December 2020 - December 2021)$202k(17.9%)
MAIN DESTINATION (December 2021)United States$1k

This section shows Other Hand Tools'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 Other Hand Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$227k
IMPORTS (2022)$18.7M
NET TRADE (2022)-$18.4M

In 2022, Ecuador exported $227k in Other Hand Tools. The main destinations of Ecuador exports on Other Hand Tools were Mexico ($79.5k), Colombia ($45k), United States ($27.5k), Maldives ($15.9k), and Italy ($12.8k).

In 2022, Ecuador imported $18.7M in Other Hand Tools, mainly from China ($11M), United States ($2.83M), Chinese Taipei ($853k), Colombia ($712k), and Mexico ($605k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Mexico$69.1k (670%)
Maldives$15.9k (1%)
Italy$12.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Ecuador WERE (2021 - 2022):
United States-$25.4k (-48%)
Peru-$22.2k (-72.9%)
Germany-$13.4k (-80.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Other Hand Tools were:
In 2022, Ecuador's main importing competitors in Other Hand Tools were:

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $35.7k
TOP IMPORT POTENTIALChina+ $1.16M

Other Hand Tools’s highest export potential is United States. With an export gap of $35.7k.   Other Hand Tools’s highest import potential is China with an import gap of $1.16M.

See methodology.

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