2018
Exports
$2.02kWorld Rnk 136 / 175
Flag Rnk 872 / 1017
2022
PRODUCT COMPLEXITY IN Sound Recording Equipment
0.32Rnk 439 / 1025
2018
Imports
$2.2MWorld Rnk 72 / 209
Flag Rnk 650 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2018, Ecuador exported $2.02k in Sound Recording Equipment, making it the 136th largest exporter of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 872nd most exported product in Ecuador. The main destination of Sound Recording Equipment exports from Ecuador are: Angola ($1.42k), Chile ($430), El Salvador ($163), and Ireland ($5).

The fastest growing export markets for Sound Recording Equipment of Ecuador between 2021 and 2022 were Angola ($1.42k), Chile ($295), and El Salvador ($163).

Imports In 2022, Ecuador imported $2.2M in Sound Recording Equipment, becoming the 72nd largest importer of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 650th most imported product in Ecuador. Ecuador imports Sound Recording Equipment primarily from: China ($1.64M), United States ($439k), Hong Kong ($51.9k), Bulgaria ($19.1k), and Spain ($19k).

The fastest growing import markets in Sound Recording Equipment for Ecuador between 2021 and 2022 were China ($1.41M), United States ($294k), and Hong Kong ($51.1k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Sound Recording Equipment. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.02k
IMPORTS (2022)$2.2M
NET TRADE (2022)-$2.2M

In 2022, Ecuador exported $2.02k in Sound Recording Equipment. The main destinations of Ecuador exports on Sound Recording Equipment were Angola ($1.42k), Chile ($430), El Salvador ($163), and Ireland ($5).

In 2022, Ecuador imported $2.2M in Sound Recording Equipment, mainly from China ($1.64M), United States ($439k), Hong Kong ($51.9k), Bulgaria ($19.1k), and Spain ($19k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sound Recording Equipment EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Angola$1.42k (1%)
Chile$295 (219%)
El Salvador$163 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sound Recording Equipment BY Ecuador WERE (2021 - 2022):
United States-$9.15k (-100%)
Panama-$499 (-100%)
Austria-$344 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Sound Recording Equipment were:
In 2022, Ecuador's main importing competitors in Sound Recording Equipment were:

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Trade Value of Sound Recording Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $712
TOP IMPORT POTENTIALChina+ $379k

Sound Recording Equipment’s highest export potential is United States. With an export gap of $712.   Sound Recording Equipment’s highest import potential is China with an import gap of $379k.

See methodology.

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