Ecuador / Hong Kong

Overview In December 2021, Ecuador exported $2.2M and imported $9M from Hong Kong, resulting in a negative trade balance of $6.79M. Between December 2020 and December 2021 the exports of Ecuador have decreased by $-868k (-28.2%) from $3.07M to $2.2M, while imports increased by $4.33M (92.7%) from $4.67M to $9M.

Trade In December 2021, the top exports of Ecuador to Hong Kong were Other Fruits ($1.36M), Bananas ($861k), Leather of Other Animals ($411k), Dried/Salted/Smoked/Brined Fish ($350k), and Scrap Aluminium ($114k). In December 2021 the top imports of Ecuador from Hong Kong were Telephones ($3.16M), Computers ($326k), Blank Audio Media ($200k), Medical Instruments ($124k), and Vaccines, blood, antisera, toxins and cultures ($110k).

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($1.16M), Guayaquil-Aéreo ($651k), and Quito ($394k), while imports destinations were mainly Guayaquil-Aéreo ($4.21M), Guayaquil-Marítimo ($2.51M), Quito ($2.28M), and Tulcán ($30.3).

Growth In December 2021, the decrease in Ecuador's year-by-year exports to Hong Kong was explained primarily by an decrease in product exports in Other Fruits ($-1.89M or -58.1%), Cut Flowers ($-1.22M or -93.8%), and Plant foliage ($-3.5k or -58.3%). In December 2021, the increase in Ecuador's year-by-year imports  from Hong Kong was explained primarily by an increase in product imports  in Telephones ($2.37M or 303%), Computers ($315k or 2.72k%), and Blank Audio Media ($178k or 804%).