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Pricing

2022
Exports $200kWorld Rnk 82 / 145
Flag Rnk 464 / 1017
2022
Destination $41.8k Peru
2021 - 2022
FASTEST GROWING MARKET $41.8kCosta Rica
2022
PRODUCT COMPLEXITY IN Synthetic Rubber0.49Rnk 369 / 1025
2022
Imports $25.8MWorld Rnk 61 / 209
Flag Rnk 199 / 1175
2022
Origin $3.64M United States
2021 - 2022
FASTEST GROWING ORIGIN $3.64MUnited States
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $200k in Synthetic Rubber, making it the 82nd largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 464th most exported product in Ecuador. The main destination of Synthetic Rubber exports from Ecuador are: Peru ($82.3k), Costa Rica ($60.6k), Guyana ($36.4k), Uruguay ($9.12k), and Poland ($8.41k).

The fastest growing export markets for Synthetic Rubber of Ecuador between 2021 and 2022 were Costa Rica ($41.8k), Guyana ($36.4k), and Peru ($27.2k).

Imports In 2022, Ecuador imported $25.8M in Synthetic Rubber, becoming the 61st largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 199th most imported product in Ecuador. Ecuador imports Synthetic Rubber primarily from: United States ($10.6M), Poland ($2.5M), Mexico ($1.95M), Germany ($1.85M), and Russia ($1.4M).

The fastest growing import markets in Synthetic Rubber for Ecuador between 2021 and 2022 were United States ($3.64M), France ($667k), and Mexico ($381k).

Latest Trends

November 2021

About

Overview In November 2021 Ecuador's Synthetic Rubber exports accounted up to $186 and imports accounted up to $1.47M, resulting in a negative trade balance of $1.47M. Between July 2019 and November 2021 the exports of Ecuador's   Synthetic Rubber have increased by $149 (413%) from $36.2 to $186, while imports increased by $685k (87.8%) from $780k to $1.47M.

Destinations In November 2021, Synthetic Rubber were exported mostly to , and were imported mostly from Russia ($316k), Poland ($301k), United States ($254k), China ($194k), and Germany ($114k).

Growth In November 2021, the increase in Synthetic Rubber's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Synthetic Rubber's year-by-year imports was explained primarily by an increase in imports from Mexico ($131k or 443%), United States ($84.6k or 145%), and Germany ($25.4k or 291%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2019 - November 2021)$149(413%)
IMPORT GROWTH (December 2020 - December 2021)$685k(87.8%)
MAIN DESTINATION (November 2021)

This section shows Synthetic Rubber'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 Synthetic Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$200k
IMPORTS (2022)$25.8M
NET TRADE (2022)-$25.6M

In 2022, Ecuador exported $200k in Synthetic Rubber. The main destinations of Ecuador exports on Synthetic Rubber were Peru ($82.3k), Costa Rica ($60.6k), Guyana ($36.4k), Uruguay ($9.12k), and Poland ($8.41k).

In 2022, Ecuador imported $25.8M in Synthetic Rubber, mainly from United States ($10.6M), Poland ($2.5M), Mexico ($1.95M), Germany ($1.85M), and Russia ($1.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Costa Rica$41.8k (223%)
Guyana$36.4k (1%)
Peru$27.2k (49.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY Ecuador WERE (2021 - 2022):
Colombia-$38.6k (-99.7%)
Slovakia-$24.4k (-100%)
Chile-$14.1k (-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 Synthetic Rubber were:
South Korea $3.3B
Thailand $3.04B
United States $2.98B
In 2022, Ecuador's main importing competitors in Synthetic Rubber were:
China $8.77B
United States $1.96B
India $1.33B

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Trade Value of Synthetic Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $25.4k
TOP IMPORT POTENTIALChina+ $1.1M

Synthetic Rubber’s highest export potential is Peru. With an export gap of $25.4k.   Synthetic Rubber’s highest import potential is China with an import gap of $1.1M.

See methodology.

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