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2022
Exports $46.1kWorld Rnk 76 / 154
Flag Rnk 630 / 1017
2022
Destination $24.5k United States
2021 - 2022
FASTEST GROWING MARKET $24.5kUnited States
2022
PRODUCT COMPLEXITY IN Binoculars and Telescopes0.32Rnk 438 / 1025
2022
Imports $379kWorld Rnk 106 / 209
Flag Rnk 903 / 1175
2022
Origin $100k China
2021 - 2022
FASTEST GROWING ORIGIN $100kUnited States
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $46.1k in Binoculars and Telescopes, making it the 76th largest exporter of Binoculars and Telescopes in the world. At the same year, Binoculars and Telescopes was the 630th most exported product in Ecuador. The main destination of Binoculars and Telescopes exports from Ecuador are: United States ($46k) and South Africa ($69).

The fastest growing export markets for Binoculars and Telescopes of Ecuador between 2021 and 2022 were United States ($24.5k) and South Africa ($69).

Imports In 2022, Ecuador imported $379k in Binoculars and Telescopes, becoming the 106th largest importer of Binoculars and Telescopes in the world. At the same year, Binoculars and Telescopes was the 903rd most imported product in Ecuador. Ecuador imports Binoculars and Telescopes primarily from: China ($178k), United States ($168k), Germany ($19k), Spain ($10.9k), and Hong Kong ($1k).

The fastest growing import markets in Binoculars and Telescopes for Ecuador between 2021 and 2022 were United States ($100k), China ($85.6k), and Spain ($10k).

Latest Trends

October 2021

About

Overview In October 2021 Ecuador's Binoculars and Telescopes exports accounted up to $240 and imports accounted up to $9.32k, resulting in a negative trade balance of $9.08k. Between September 2016 and October 2021 the exports of Ecuador's   Binoculars and Telescopes have decreased by $-649 (-73%) from $889 to $240, while imports decreased by $-34.9k (-78.9%) from $44.3k to $9.32k.

Destinations In October 2021, Binoculars and Telescopes were exported mostly to , and were imported mostly from United States ($7.91k) and China ($1.4k).

Growth In October 2021, the decrease in Binoculars and Telescopes's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the decrease in Binoculars and Telescopes's year-by-year imports was explained primarily by a decrease in imports from China ($-1.58k or -65.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2016 - October 2021)$-649(-73%)
IMPORT GROWTH (December 2020 - December 2021)$-34.9k(-78.9%)
MAIN DESTINATION (October 2021)

This section shows Binoculars and Telescopes'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 Binoculars and Telescopes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$46.1k
IMPORTS (2022)$379k
NET TRADE (2022)-$333k

In 2022, Ecuador exported $46.1k in Binoculars and Telescopes. The main destinations of Ecuador exports on Binoculars and Telescopes were United States ($46k) and South Africa ($69).

In 2022, Ecuador imported $379k in Binoculars and Telescopes, mainly from China ($178k), United States ($168k), Germany ($19k), Spain ($10.9k), and Hong Kong ($1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Binoculars and Telescopes EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$24.5k (113%)
South Africa$69 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Binoculars and Telescopes BY Ecuador WERE (2021 - 2022):
Spain-$311 (-100%)
Mexico-$56 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Binoculars and Telescopes were:
China $730M
United States $256M
Germany $138M
In 2022, Ecuador's main importing competitors in Binoculars and Telescopes were:
United States $485M
Germany $175M
Australia $96.4M

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Trade Value of Binoculars and Telescopes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $47.1k
TOP IMPORT POTENTIALChina+ $65k

Binoculars and Telescopes’s highest export potential is United States. With an export gap of $47.1k.   Binoculars and Telescopes’s highest import potential is China with an import gap of $65k.

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