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2022
Exports $386kWorld Rnk 78 / 183
Flag Rnk 387 / 1017
2022
Destination $345k China
2021 - 2022
FASTEST GROWING MARKET $345kChina
2022
PRODUCT COMPLEXITY IN Therapeutic Appliances0.48Rnk 372 / 1025
2022
Imports $16.9MWorld Rnk 64 / 221
Flag Rnk 273 / 1175
2022
Origin $299k China
2021 - 2022
FASTEST GROWING ORIGIN $299kIreland
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $386k in Therapeutic Appliances, making it the 78th largest exporter of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 387th most exported product in Ecuador. The main destination of Therapeutic Appliances exports from Ecuador are: China ($345k), Colombia ($14.2k), Peru ($12.1k), United States ($8.28k), and Jamaica ($2.97k).

The fastest growing export markets for Therapeutic Appliances of Ecuador between 2021 and 2022 were China ($345k), Colombia ($10.5k), and Jamaica ($2.97k).

Imports In 2022, Ecuador imported $16.9M in Therapeutic Appliances, becoming the 64th largest importer of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 273rd most imported product in Ecuador. Ecuador imports Therapeutic Appliances primarily from: China ($7.92M), United States ($3.15M), Chinese Taipei ($658k), Germany ($595k), and Colombia ($509k).

The fastest growing import markets in Therapeutic Appliances for Ecuador between 2021 and 2022 were Ireland ($299k), Netherlands ($275k), and South Korea ($242k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Therapeutic Appliances exports accounted up to $592 and imports accounted up to $1.73M, resulting in a negative trade balance of $1.73M. Between November 2020 and December 2021 the exports of Ecuador's   Therapeutic Appliances have decreased by $-753 (-56%) from $1.35k to $592, while imports increased by $66.2k (3.97%) from $1.67M to $1.73M.

Destinations In December 2021, Therapeutic Appliances were exported mostly to Colombia ($528) and Panama ($63.9), and were imported mostly from China ($864k), United States ($269k), Chinese Taipei ($151k), Brazil ($79.4k), and Mexico ($70.1k).

Growth In December 2021, the decrease in Therapeutic Appliances's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Therapeutic Appliances's year-by-year imports was explained primarily by an increase in imports from Switzerland ($377k or 2.26k%), China ($331k or 67%), and Brazil ($56.3k or 798%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2020 - December 2021)$-753(-56%)
IMPORT GROWTH (December 2020 - December 2021)$66.2k(3.97%)
MAIN DESTINATION (December 2021)Colombia$528

This section shows Therapeutic Appliances'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 Therapeutic Appliances over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$386k
IMPORTS (2022)$16.9M
NET TRADE (2022)-$16.5M

In 2022, Ecuador exported $386k in Therapeutic Appliances. The main destinations of Ecuador exports on Therapeutic Appliances were China ($345k), Colombia ($14.2k), Peru ($12.1k), United States ($8.28k), and Jamaica ($2.97k).

In 2022, Ecuador imported $16.9M in Therapeutic Appliances, mainly from China ($7.92M), United States ($3.15M), Chinese Taipei ($658k), Germany ($595k), and Colombia ($509k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Therapeutic Appliances EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
China$345k (1%)
Colombia$10.5k (276%)
Jamaica$2.97k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Therapeutic Appliances BY Ecuador WERE (2021 - 2022):
Germany-$154k (-100%)
Netherlands-$12k (-91.1%)
Bolivia-$8.56k (-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 Therapeutic Appliances were:
China $7.26B
United States $1.93B
Singapore $1.49B
In 2022, Ecuador's main importing competitors in Therapeutic Appliances were:
United States $5.9B
Germany $1.31B
Netherlands $1.2B

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Trade Value of Therapeutic Appliances by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $3.56k
TOP IMPORT POTENTIALChina+ $2.11M

Therapeutic Appliances’s highest export potential is Netherlands. With an export gap of $3.56k.   Therapeutic Appliances’s highest import potential is China with an import gap of $2.11M.

See methodology.

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