Textile industry in Ecuador, Import and export of textiles from Ecuador

Overview Of Textile Business Sector Of Ecuador

Textiles are Ecuador's second-largest non-oil manufacturing sector, accounting for about 15% of the total GDP in 2009. The textile industry of Ecuador employs the second-largest number of people in the manufacturing sector. According to the Textile Industry in ecuador Association (AITE), the textile industry generated an employment of 50,000 people directly and 200,000 indirectly in Ecuador. Textile manufacturing, one of Ecuador's oldest businesses, has historically been a small-scale industry that remained highly localised and nearly entirely concentrated on production for the domestic market until the late 1990s. The textile export business had a dramatic surge of expansion after dollarization in 2000, which lasted over the following decade.

Increasing Potential Of Ecuador Textile Industry

The textile exports of Ecuador were $90 million per year by 2004. Textile exports have increased at a rate of 30.5 percent per year on average since 2007. The high level of vertical integration in Ecuador's textile machinery sector is one of the reasons for its success. Unlike many of Central America's textile-producing countries, Ecuador produces its own yarn and fabric from fabrics suppliers in Ecuador, which is used directly in textile production. Despite recent expansion, Ecuador's textile sector is still predominantly comprised of small and medium-sized enterprises (SMEs). Because of the lack of scale, the industry's competitiveness is hampered.

High Demand Of Textiles In Ecuador Textile Market

Although the textile business sector of Ecuador as a whole is quite efficient, larger enterprises can reach far more competitive rates simply because of their scale. However, the textile industry's future appears bright as export volumes rise and more enterprises move up the value chain from yarn production to cutting and sewing. Ecuador increased its textile exports from 26,000 tonnes worth $103.8 million in 2019 to 28,400 tonnes worth $104.4 million. This reflects a 9 percent increase in volume and a 1% gain in revenue. To this day, Ecuador is renowned globally for its superior quality textile products which are available from the textile market of Ecuador at a competitive rate.

Sr No	Country Name	Export Value (in Million $)	Exporter Share Percentage (%)
1	Colombia	30.72	31.6
2	Brazil	10.24	10.53
3	United States	9.35	9.62
4	Philippines	7.81	8.03
5	Peru	7.15	7.36
6	United Kingdom	5.81	5.98
7	Argentina	4.7	4.84
8	Japan	3.71	3.81
9	Chile	3.13	3.22
10	Spain	2.96	3.05
• Ecuador export list of all country wise in the world
Total Textile Export Market Size of Ecuador :	USD $ 0.1 (in Billion)

Sr No	Country Name	Import Value (in Million $)	Import Share Percentage (%)
1	China	268.13	35.47
2	Colombia	132.35	17.51
3	Peru	56.01	7.41
4	United States	50.31	6.66
5	India	32.52	4.3
6	Brazil	27.97	3.7
7	Thailand	22.69	3
8	Vietnam	22.5	2.98
9	Other Asia, nes	13.82	1.83
10	Turkey	13.69	1.81
• Ecuador import list of all country wise in the world
Total Textile Import Market Size of Ecuador :	USD $ 0.76 (in Billion)

Latest Textile Companies List in ecuador

Capacnan

Quito

Capacnan trading and manufacturing in unique modern textile cloth products , which situated in Ecuador. We provide a hi . . .

Sr No	Country Name	Export Value (in Million $)	Exporter Share Percentage (%)	AHS Dutiable Imports (in Million $)	AHS Duty Free Imports (in Million $)
1	Colombia	30.72	31.6	0	131.58
2	Brazil	10.24	10.53	0	27.6
3	United States	9.35	9.62	45.02	5.22
4	Philippines	7.81	8.03	0.85	0.29
5	Peru	7.15	7.36	0	55.3
6	United Kingdom	5.81	5.98	0.05	0.32
7	Argentina	4.7	4.84	0.05	0.95
8	Japan	3.71	3.81	0.09	0.02
9	Chile	3.13	3.22	0	1.55
10	Spain	2.96	3.05	3.33	4.25
11	Mexico	2.94	3.02	4.71	1.15
12	Bolivia	1.83	1.88	0	0.09
13	Guatemala	1.29	1.33	0.14	0
14	Panama	1.05	1.08	2.29	1.03
15	Costa Rica	0.86	0.89	0.14	0
16	El Salvador	0.56	0.58	0.4	0
17	Germany	0.51	0.53	0.21	7.77
18	Hong Kong, China	0.47	0.49	1.54	0.15
19	Netherlands	0.44	0.46	0.27	0.78
20	Canada	0.41	0.42	0.35	0
21	Honduras	0.22	0.22	0.23	0
22	China	0.18	0.19	252.39	9.85
23	Switzerland	0.17	0.17	0.25	0
24	Indonesia	0.14	0.15	6.15	0.91
25	Italy	0.12	0.13	2.02	2.19
26	Dominican Republic	0.1	0.1	0.01	0.1
27	France	0.05	0.05	0.18	0.28
28	Paraguay	0.05	0.05	0.21	0
29	Australia	0.04	0.04	0.01	0.34
30	Uruguay	0.03	0.03	0.08	1.61
31	Venezuela	0.02	0.02	0	2.01
32	Nicaragua	0.02	0.02	0.04	0
33	Portugal	0.02	0.02	3.6	0.32
34	New Zealand	0.02	0.02	0.01	0.02
35	Romania	0.02	0.02	0.42	0
36	Sweden	0.01	0.01	0.08	0.07
37	Turkey	0.01	0.01	10.98	2.71
38	Finland	0.01	0.01	0.06	0
39	Austria	0.01	0.01	0	0.12
40	Hungary	0.01	0.01	0	0.06

Sr No	Country Name	Import Value (in Million $)	Import Share Percentage (%)
1	China	268.13	35.47
2	Colombia	132.35	17.51
3	Peru	56.01	7.41
4	United States	50.31	6.66
5	India	32.52	4.3
6	Brazil	27.97	3.7
7	Thailand	22.69	3
8	Vietnam	22.5	2.98
9	Other Asia, nes	13.82	1.83
10	Turkey	13.69	1.81
11	Bangladesh	13.54	1.79
12	Korea, Rep.	12.18	1.61
13	Pakistan	11.55	1.53
14	Germany	7.98	1.06
15	Spain	7.61	1.01
16	Indonesia	7.07	0.93
17	Mexico	6.3	0.83
18	Cambodia	6.06	0.8
19	Morocco	4.91	0.65
20	Italy	4.23	0.56
21	Portugal	3.93	0.52
22	Panama	3.31	0.44
23	Belgium	3.05	0.4
24	Venezuela	2.01	0.27
25	Hong Kong, China	1.81	0.24
26	Chile	1.8	0.24
27	Sri Lanka	1.71	0.23
28	Uruguay	1.69	0.22
29	Malaysia	1.23	0.16
30	Philippines	1.14	0.15
31	Myanmar	1.11	0.15
32	Netherlands	1.05	0.14
33	Argentina	1	0.13
34	Bulgaria	0.98	0.13
35	Egypt, Arab Rep.	0.94	0.12
36	Jordan	0.57	0.08
37	South Africa	0.51	0.07
38	France	0.46	0.06
39	Tunisia	0.43	0.06
40	Romania	0.42	0.06

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