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Pricing

2022
Exports $120kWorld Rnk 109 / 211
Flag Rnk 522 / 1017
2022
Destination $36.9k Ethiopia
2021 - 2022
FASTEST GROWING MARKET $36.9kEthiopia
2022
PRODUCT COMPLEXITY IN Rubber Pipes0.79Rnk 251 / 1025
2022
Imports $16.8MWorld Rnk 65 / 224
Flag Rnk 276 / 1175
2022
Origin $444k China
2021 - 2022
FASTEST GROWING ORIGIN $444kIndonesia
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $120k in Rubber Pipes, making it the 109th largest exporter of Rubber Pipes in the world. At the same year, Rubber Pipes was the 522nd most exported product in Ecuador. The main destination of Rubber Pipes exports from Ecuador are: Ethiopia ($36.9k), United States ($25.9k), Colombia ($16.8k), Paraguay ($16.2k), and Canada ($5.29k).

The fastest growing export markets for Rubber Pipes of Ecuador between 2021 and 2022 were Ethiopia ($36.9k), Paraguay ($16.2k), and Colombia ($13.5k).

Imports In 2022, Ecuador imported $16.8M in Rubber Pipes, becoming the 65th largest importer of Rubber Pipes in the world. At the same year, Rubber Pipes was the 276th most imported product in Ecuador. Ecuador imports Rubber Pipes primarily from: China ($6.58M), United States ($2.75M), Colombia ($979k), Malaysia ($895k), and Peru ($787k).

The fastest growing import markets in Rubber Pipes for Ecuador between 2021 and 2022 were Indonesia ($444k), United States ($406k), and China ($372k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Rubber Pipes exports accounted up to $5.31k and imports accounted up to $1.41M, resulting in a negative trade balance of $1.4M. Between December 2020 and December 2021 the exports of Ecuador's   Rubber Pipes have increased by $211 (4.15%) from $5.1k to $5.31k, while imports increased by $250k (21.6%) from $1.16M to $1.41M.

Destinations In December 2021, Rubber Pipes were exported mostly to United States ($2.64k), Rest of the world ($1.41k), Belgium ($575), Peru ($447), and Costa Rica ($174), and were imported mostly from China ($499k), United States ($355k), Peru ($122k), Colombia ($114k), and Argentina ($91.8k).

Growth In December 2021, the increase in Rubber Pipes's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Rubber Pipes's year-by-year imports was explained primarily by an increase in imports from United States ($168k or 70.3%), Mexico ($72.6k or 1.29k%), and Germany ($25.5k or 137%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$211(4.15%)
IMPORT GROWTH (December 2020 - December 2021)$250k(21.6%)
MAIN DESTINATION (December 2021)United States$2.64k

This section shows Rubber Pipes'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 Rubber Pipes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$120k
IMPORTS (2022)$16.8M
NET TRADE (2022)-$16.7M

In 2022, Ecuador exported $120k in Rubber Pipes. The main destinations of Ecuador exports on Rubber Pipes were Ethiopia ($36.9k), United States ($25.9k), Colombia ($16.8k), Paraguay ($16.2k), and Canada ($5.29k).

In 2022, Ecuador imported $16.8M in Rubber Pipes, mainly from China ($6.58M), United States ($2.75M), Colombia ($979k), Malaysia ($895k), and Peru ($787k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Pipes EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Ethiopia$36.9k (1%)
Paraguay$16.2k (1%)
Colombia$13.5k (418%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Pipes BY Ecuador WERE (2021 - 2022):
United States-$20k (-43.5%)
Netherlands-$15k (-94.5%)
Mexico-$11.9k (-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 Rubber Pipes were:
China $1.55B
United States $1.12B
Germany $1.1B
In 2022, Ecuador's main importing competitors in Rubber Pipes were:
United States $2.15B
Germany $1.08B
Canada $558M

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Trade Value of Rubber Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.4k
TOP IMPORT POTENTIALChina+ $820k

Rubber Pipes’s highest export potential is United States. With an export gap of $15.4k.   Rubber Pipes’s highest import potential is China with an import gap of $820k.

See methodology.

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