2023
Exports
$3.37MWorld Rnk 76 / 213
Flag Rnk 143 / 1002
2023
PRODUCT COMPLEXITY IN Telephones
0.76Rnk 264 / 1025
2023
Imports
$10.3MWorld Rnk 120 / 222
Flag Rnk 354 / 1173
2023
ECONOMIC COMPLEXITY of Ecuador
-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $3.37M in Telephones, making it the 76th largest exporter of Telephones in the world. At the same year, Telephones was the 143rd most exported product in Ecuador. The main destination of Telephones exports from Ecuador are: Hong Kong ($3.29M), Mexico ($25.7k), United States ($19.7k), Netherlands ($16.2k), and Italy ($3.59k).

The fastest growing export markets for Telephones of Ecuador between 2022 and 2023 were Mexico ($20.9k), Netherlands ($13.2k), and France ($3.34k).

Imports In 2023, Ecuador imported $10.3M in Telephones, becoming the 120th largest importer of Telephones in the world. At the same year, Telephones was the 354th most imported product in Ecuador. Ecuador imports Telephones primarily from: China ($7.11M), United States ($700k), Malaysia ($615k), Mexico ($411k), and Vietnam ($280k).

The fastest growing import markets in Telephones for Ecuador between 2022 and 2023 were United Kingdom ($239k), Netherlands ($58.3k), and Romania ($53.7k).

Latest Trends

December 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)$-480k(-87.3%)
IMPORT GROWTH (December 2020 - December 2021)$3.07M(5.56%)
MAIN DESTINATION (December 2021)Puerto Rico$23.1k

This section shows Telephones'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 Telephones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.37M
IMPORTS (2023)$10.3M
NET TRADE (2023)-$6.93M

In 2023, Ecuador exported $3.37M in Telephones. The main destinations of Ecuador exports on Telephones were Hong Kong ($3.29M), Mexico ($25.7k), United States ($19.7k), Netherlands ($16.2k), and Italy ($3.59k).

In 2023, Ecuador imported $10.3M in Telephones, mainly from China ($7.11M), United States ($700k), Malaysia ($615k), Mexico ($411k), and Vietnam ($280k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Telephones EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Mexico$20.9k (439%)
Netherlands$13.2k (440%)
France$3.34k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY Ecuador WERE (2022 - 2023):
Hong Kong-$279k (-7.8%)
United States-$95.8k (-82.9%)
Malaysia-$70k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Telephones were:
In 2023, Ecuador's main importing competitors in Telephones were:
India $10.3B
Vietnam $6.47B

Explore Visualizations

Trade Value of Telephones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.19M
TOP IMPORT POTENTIALChina+ $85.5M

Telephones’s highest export potential is United States. With an export gap of $2.19M.   Telephones’s highest import potential is China with an import gap of $85.5M.

See methodology.

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