The 2013 Import and Export Market for Machinery and Transport Equipment in Ecuador

On the demand side, exporters and strategic planners focusing on machinery and transport equipment in Ecuador face a number of questions. Which countries are supplying machinery and transport equipment to Ecuador? How important is Ecuador compared to others in terms of the entire global and regional market? How much do the imports of machinery and transport equipment vary from one country of origin to another in Ecuador? On the supply side, Ecuador also exports machinery and transport equipment. Which countries receive the most exports from Ecuador? How are these exports concentrated across buyers? What is the value of these exports and which countries are the largest buyers? This report was created for strategic planners, international marketing executives and import/export managers who are concerned with the market for machinery and transport equipment in Ecuador. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics which appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for machinery and transport equipment for those countries serving Ecuador via exports, or supplying from Ecuador via imports. It does so for the current year based on a variety of key historical indicators and econometric models. In what follows, Chapter 2 begins by summarizing where Ecuador fits into the world market for imported and exported machinery and transport equipment. The total level of imports and exports on a worldwide basis, and those for Ecuador in particular, is estimated using a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics,