Telephones in Ecuador | The Observatory of Economic Complexity

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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).

COMPANIES In 2021, leading companies such as were at the forefront of shipping Telephones from Ecuador to the United States.

Latest Trends

December 2021

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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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

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

Trade Value

Growth

Growth (%)

Year

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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