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Pricing

2022
Exports $4.1MWorld Rnk 72 / 214
Flag Rnk 142 / 1017
2022
Destination $1.64M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $1.64MHong Kong
2022
PRODUCT COMPLEXITY IN Telephones0.51Rnk 360 / 1025
2022
Imports $37.2MWorld Rnk 79 / 222
Flag Rnk 147 / 1175
2022
Origin $654k China
2021 - 2022
FASTEST GROWING ORIGIN $654kVietnam
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $4.1M in Telephones, making it the 72nd largest exporter of Telephones in the world. At the same year, Telephones was the 142nd most exported product in Ecuador. The main destination of Telephones exports from Ecuador are: Hong Kong ($3.66M), United States ($115k), Malaysia ($70k), Panama ($46.1k), and Peru ($41.2k).

The fastest growing export markets for Telephones of Ecuador between 2021 and 2022 were Hong Kong ($1.64M), Malaysia ($69.9k), and Panama ($37.5k).

Imports In 2022, Ecuador imported $37.2M in Telephones, becoming the 79th largest importer of Telephones in the world. At the same year, Telephones was the 147th most imported product in Ecuador. Ecuador imports Telephones primarily from: China ($22.4M), United States ($7.05M), Hong Kong ($3.2M), Mexico ($1.03M), and Vietnam ($981k).

The fastest growing import markets in Telephones for Ecuador between 2021 and 2022 were Vietnam ($654k), United States ($551k), and Chinese Taipei ($357k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Telephones exports accounted up to $69.7k and imports accounted up to $58.4M, resulting in a negative trade balance of $58.3M. Between December 2020 and December 2021 the exports of Ecuador's   Telephones have decreased by $-480k (-87.3%) from $549k to $69.7k, while imports increased by $3.07M (5.56%) from $55.3M to $58.4M.

Destinations In December 2021, Telephones were exported mostly to Puerto Rico ($23.1k), Colombia ($17.8k), United States ($16.4k), Hong Kong ($6k), and Ireland ($2.92k), and were imported mostly from China ($34.9M), Vietnam ($11.6M), Hong Kong ($5.57M), United States ($4.08M), and Malaysia ($481k).

Growth In December 2021, the decrease in Telephones's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Telephones's year-by-year imports was explained primarily by an increase in imports from Hong Kong ($2.37M or 303%), Czechia ($1.54M or 16k%), and Vietnam ($574k or 13.3%).

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 (2022)$4.1M
IMPORTS (2022)$37.2M
NET TRADE (2022)-$33.1M

In 2022, Ecuador exported $4.1M in Telephones. The main destinations of Ecuador exports on Telephones were Hong Kong ($3.66M), United States ($115k), Malaysia ($70k), Panama ($46.1k), and Peru ($41.2k).

In 2022, Ecuador imported $37.2M in Telephones, mainly from China ($22.4M), United States ($7.05M), Hong Kong ($3.2M), Mexico ($1.03M), and Vietnam ($981k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Telephones EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Hong Kong$1.64M (81.6%)
Malaysia$69.9k (57.3k%)
Panama$37.5k (439%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY Ecuador WERE (2021 - 2022):
Mexico-$246k (-98.1%)
United States-$73.7k (-39%)
Netherlands-$63k (-95.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Telephones were:
China $42.8B
Vietnam $24.4B
South Korea $3.88B
In 2022, Ecuador's main importing competitors in Telephones were:
China $21.3B
Hong Kong $10.9B
Vietnam $9.43B

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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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