Key Market Indicators
Metal product imports to Ecuador are projected to reach $121 million by 2026, up from $113 million in 2021. The country has seen an average growth rate of 1.2% year-on-year since 1996. In 2021, Kuwait overtook Ecuador, ranking at number 60. Germany, China and Mexico followed at numbers two, three and four respectively. On the other hand, metal product exports from Ecuador are set to decline to $1.1 billion by 2026, down from $1.75 billion in 2021. The average year-on-year decline since 1996 has been 8.2%. Honduras has overtaken Ecuador, ranking at number 88 in 2021. Germany, the United States and Japan followed at numbers two, three and four respectively.