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2023
Exports $5.16MWorld Rnk 93 / 225
Flag Rnk 117 / 1002
2023
Destination $2.35M Panama
2022 - 2023
FASTEST GROWING MARKET $2.35MPanama
2023
PRODUCT COMPLEXITY IN Broadcasting Equipment0.59Rnk 334 / 1025
2023
Imports $359MWorld Rnk 81 / 226
Flag Rnk 10 / 1173
2023
Origin $2.93M China
2022 - 2023
FASTEST GROWING ORIGIN $2.93MMexico
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $5.16M in Broadcasting Equipment, making it the 93rd largest exporter of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 117th most exported product in Ecuador. The main destination of Broadcasting Equipment exports from Ecuador are: Panama ($2.44M), Mexico ($1.2M), United States ($685k), Hong Kong ($329k), and China ($143k).

The fastest growing export markets for Broadcasting Equipment of Ecuador between 2022 and 2023 were Panama ($2.35M), Mexico ($829k), and China ($131k).

Imports In 2023, Ecuador imported $359M in Broadcasting Equipment, becoming the 81st largest importer of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 10th most imported product in Ecuador. Ecuador imports Broadcasting Equipment primarily from: China ($240M), United States ($36.6M), Hong Kong ($33.3M), Vietnam ($15.6M), and Mexico ($11.4M).

The fastest growing import markets in Broadcasting Equipment for Ecuador between 2022 and 2023 were Mexico ($2.93M), Israel ($843k), and Latvia ($722k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Broadcasting Equipment exports accounted up to $97.3 and imports accounted up to $2.28M, resulting in a negative trade balance of $2.27M. Between November 2020 and December 2021 the exports of Ecuador's   Broadcasting Equipment have increased by $30.2 (45%) from $67.1 to $97.3, while imports increased by $518k (29.5%) from $1.76M to $2.28M.

Destinations In December 2021, Broadcasting Equipment were exported mostly to Costa Rica ($95.1) and United States ($2.23), and were imported mostly from China ($1.84M), United States ($202k), Thailand ($54.3k), Italy ($36k), and Chinese Taipei ($32.2k).

Growth In December 2021, the increase in Broadcasting Equipment's year-by-year exports was explained primarily by an increase in exports to Panama ($0.2 or 0.33%). In December 2021, the increase in Broadcasting Equipment's year-by-year imports was explained primarily by an increase in imports from Spain ($45k or 912%), Thailand ($40.2k or 214%), and Germany ($25.3k or 521%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2020 - December 2021)$30.2(45%)
IMPORT GROWTH (December 2020 - December 2021)$518k(29.5%)
MAIN DESTINATION (December 2021)Costa Rica$95.1

This section shows Broadcasting Equipment'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 Broadcasting Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$5.16M
IMPORTS (2023)$359M
NET TRADE (2023)-$354M

In 2023, Ecuador exported $5.16M in Broadcasting Equipment. The main destinations of Ecuador exports on Broadcasting Equipment were Panama ($2.44M), Mexico ($1.2M), United States ($685k), Hong Kong ($329k), and China ($143k).

In 2023, Ecuador imported $359M in Broadcasting Equipment, mainly from China ($240M), United States ($36.6M), Hong Kong ($33.3M), Vietnam ($15.6M), and Mexico ($11.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Broadcasting Equipment EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Panama$2.35M (2.7k%)
Mexico$829k (224%)
China$131k (1.05k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Broadcasting Equipment BY Ecuador WERE (2022 - 2023):
Hong Kong-$1.01M (-75.4%)
Argentina-$787k (-100%)
Colombia-$458k (-91.8%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Broadcasting Equipment were:
China $307B
Vietnam $83.2B
Chinese Taipei $27.2B
In 2023, Ecuador's main importing competitors in Broadcasting Equipment were:
United States $117B
Hong Kong $60.8B
China $42B

Explore Visualizations

Trade Value of Broadcasting Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $105k
TOP IMPORT POTENTIALChina+ $4.3M

Broadcasting Equipment’s highest export potential is United States. With an export gap of $105k.   Broadcasting Equipment’s highest import potential is China with an import gap of $4.3M.

See methodology.

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