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Pricing

2022
Exports $18.8kWorld Rnk 109 / 165
Flag Rnk 732 / 1017
2022
Destination $10.8k Trinidad and Tobago
2021 - 2022
FASTEST GROWING MARKET $10.8kTrinidad and Tobago
2022
PRODUCT COMPLEXITY IN Polishes and Creams0.11Rnk 520 / 1025
2022
Imports $5.5MWorld Rnk 67 / 221
Flag Rnk 481 / 1175
2022
Origin $343k Colombia
2021 - 2022
FASTEST GROWING ORIGIN $343kChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $18.8k in Polishes and Creams, making it the 109th largest exporter of Polishes and Creams in the world. At the same year, Polishes and Creams was the 732nd most exported product in Ecuador. The main destination of Polishes and Creams exports from Ecuador are: Trinidad and Tobago ($10.8k), Colombia ($7.45k), Panama ($263), Poland ($193), and Ireland ($154).

The fastest growing export markets for Polishes and Creams of Ecuador between 2021 and 2022 were Trinidad and Tobago ($10.8k), Poland ($193), and Ireland ($74).

Imports In 2022, Ecuador imported $5.5M in Polishes and Creams, becoming the 67th largest importer of Polishes and Creams in the world. At the same year, Polishes and Creams was the 481st most imported product in Ecuador. Ecuador imports Polishes and Creams primarily from: Colombia ($1.87M), Guatemala ($780k), United States ($722k), China ($648k), and Germany ($273k).

The fastest growing import markets in Polishes and Creams for Ecuador between 2021 and 2022 were China ($343k), Mexico ($141k), and United States ($111k).

Latest Trends

November 2021

About

Overview In November 2021 Ecuador's Polishes and Creams exports accounted up to $3 and imports accounted up to $354k, resulting in a negative trade balance of $354k. Between March 2020 and November 2021 the exports of Ecuador's   Polishes and Creams have decreased by $-469 (-99.4%) from $472 to $3, while imports increased by $119k (50.3%) from $236k to $354k.

Destinations In November 2021, Polishes and Creams were exported mostly to , and were imported mostly from Colombia ($190k), United States ($53.4k), Germany ($49.7k), Brazil ($26.9k), and Mexico ($19.1k).

Growth In November 2021, the decrease in Polishes and Creams's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Polishes and Creams's year-by-year imports was explained primarily by an increase in imports from Chile ($37.1k or 957%), Germany ($22.9k or 1.41k%), and Colombia ($15k or 6.03%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2020 - November 2021)$-469(-99.4%)
IMPORT GROWTH (December 2020 - December 2021)$119k(50.3%)
MAIN DESTINATION (November 2021)

This section shows Polishes and Creams'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 Polishes and Creams over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$18.8k
IMPORTS (2022)$5.5M
NET TRADE (2022)-$5.48M

In 2022, Ecuador exported $18.8k in Polishes and Creams. The main destinations of Ecuador exports on Polishes and Creams were Trinidad and Tobago ($10.8k), Colombia ($7.45k), Panama ($263), Poland ($193), and Ireland ($154).

In 2022, Ecuador imported $5.5M in Polishes and Creams, mainly from Colombia ($1.87M), Guatemala ($780k), United States ($722k), China ($648k), and Germany ($273k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Polishes and Creams EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Trinidad and Tobago$10.8k (1%)
Poland$193 (1%)
Ireland$74 (92.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Polishes and Creams BY Ecuador WERE (2021 - 2022):
Colombia-$4.61k (-38.2%)
Peru-$4.31k (-100%)
Panama-$570 (-68.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Polishes and Creams were:
United States $544M
Japan $461M
Germany $236M
In 2022, Ecuador's main importing competitors in Polishes and Creams were:
China $346M
Chinese Taipei $244M
South Korea $192M

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Trade Value of Polishes and Creams by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPanama+ $865
TOP IMPORT POTENTIALUnited States+ $284k

Polishes and Creams’s highest export potential is Panama. With an export gap of $865.   Polishes and Creams’s highest import potential is United States with an import gap of $284k.

See methodology.

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