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2023
Exports $2.56MWorld Rnk 45 / 184
Flag Rnk 162 / 1002
2023
Destination $2.28M Colombia
2022 - 2023
FASTEST GROWING MARKET $2.28MColombia
2023
PRODUCT COMPLEXITY IN Radio Receivers0.62Rnk 320 / 1025
2023
Imports $12.9MWorld Rnk 62 / 216
Flag Rnk 312 / 1173
2023
Origin $1.02M China
2022 - 2023
FASTEST GROWING ORIGIN $1.02MChina
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $2.56M in Radio Receivers, making it the 45th largest exporter of Radio Receivers in the world. At the same year, Radio Receivers was the 162nd most exported product in Ecuador. The main destination of Radio Receivers exports from Ecuador are: Colombia ($2.28M), Chile ($150k), Peru ($58.7k), Costa Rica ($25.9k), and United States ($14.7k).

The fastest growing export markets for Radio Receivers of Ecuador between 2022 and 2023 were Colombia ($2.28M), Peru ($55.7k), and Italy ($13.3k).

Imports In 2023, Ecuador imported $12.9M in Radio Receivers, becoming the 62nd largest importer of Radio Receivers in the world. At the same year, Radio Receivers was the 312th most imported product in Ecuador. Ecuador imports Radio Receivers primarily from: China ($11M), Malaysia ($640k), Brazil ($458k), Hong Kong ($180k), and United States ($158k).

The fastest growing import markets in Radio Receivers for Ecuador between 2022 and 2023 were China ($1.02M), Hong Kong ($111k), and Pakistan ($29.6k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Radio Receivers exports accounted up to $125k and imports accounted up to $1.03M, resulting in a negative trade balance of $906k. Between November 2020 and December 2021 the exports of Ecuador's   Radio Receivers have increased by $121k (2.64k%) from $4.58k to $125k, while imports increased by $70.7k (7.36%) from $961k to $1.03M.

Destinations In December 2021, Radio Receivers were exported mostly to Chile ($125k), and were imported mostly from China ($695k), Malaysia ($118k), Panama ($91.4k), Mexico ($53.7k), and United States ($46.8k).

Growth In December 2021, the increase in Radio Receivers's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Radio Receivers's year-by-year imports was explained primarily by an increase in imports from Malaysia ($24.1k or 146%) and United States ($17k or 311%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2020 - December 2021)$121k(2.64k%)
IMPORT GROWTH (December 2020 - December 2021)$70.7k(7.36%)
MAIN DESTINATION (December 2021)Chile$125k

This section shows Radio Receivers'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 Radio Receivers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.56M
IMPORTS (2023)$12.9M
NET TRADE (2023)-$10.3M

In 2023, Ecuador exported $2.56M in Radio Receivers. The main destinations of Ecuador exports on Radio Receivers were Colombia ($2.28M), Chile ($150k), Peru ($58.7k), Costa Rica ($25.9k), and United States ($14.7k).

In 2023, Ecuador imported $12.9M in Radio Receivers, mainly from China ($11M), Malaysia ($640k), Brazil ($458k), Hong Kong ($180k), and United States ($158k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Radio Receivers EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Colombia$2.28M (51.7k%)
Peru$55.7k (1.84k%)
Italy$13.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Radio Receivers BY Ecuador WERE (2022 - 2023):
Chile-$284k (-65.4%)
Brazil-$2.44k (-100%)
Belgium-$486 (-100%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Radio Receivers were:
China $2.64B
Mexico $2.09B
Thailand $990M
In 2023, Ecuador's main importing competitors in Radio Receivers were:
United States $3.79B
Germany $514M
Mexico $505M

Explore Visualizations

Trade Value of Radio Receivers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $66.3k
TOP IMPORT POTENTIALUnited States+ $351k

Radio Receivers’s highest export potential is United States. With an export gap of $66.3k.   Radio Receivers’s highest import potential is United States with an import gap of $351k.

See methodology.

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