Surveying Equipment in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $4.9M in Surveying Equipment, making it the 65th largest exporter of Surveying Equipment in the world. At the same year, Surveying Equipment was the 131st most exported product in Ecuador. The main destination of Surveying Equipment exports from Ecuador are: Peru ($1.52M), United States ($1.33M), Colombia ($1.17M), Brazil ($229k), and Australia ($191k).

The fastest growing export markets for Surveying Equipment of Ecuador between 2021 and 2022 were United States ($827k), Colombia ($575k), and Peru ($475k).

Imports In 2022, Ecuador imported $16.3M in Surveying Equipment, becoming the 68th largest importer of Surveying Equipment in the world. At the same year, Surveying Equipment was the 284th most imported product in Ecuador. Ecuador imports Surveying Equipment primarily from: United States ($4.8M), China ($2.25M), United Kingdom ($1.53M), Mexico ($1.26M), and Colombia ($1.22M).

The fastest growing import markets in Surveying Equipment for Ecuador between 2021 and 2022 were Mexico ($1.25M), United Kingdom ($942k), and United States ($623k).

Latest Trends

December 2021

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Overview In December 2021 Ecuador's Surveying Equipment exports accounted up to $342k and imports accounted up to $1.56M, resulting in a negative trade balance of $1.22M. Between December 2020 and December 2021 the exports of Ecuador's Surveying Equipment have decreased by $-394k (-53.5%) from $736k to $342k, while imports increased by $663k (74%) from $896k to $1.56M.

Destinations In December 2021, Surveying Equipment were exported mostly to Peru ($287k), Mexico ($52.8k), United States ($2.5k), and Panama ($1), and were imported mostly from United States ($559k), Norway ($281k), Netherlands ($243k), United Kingdom ($118k), and China ($108k).

Growth In December 2021, the decrease in Surveying Equipment's year-by-year exports was explained primarily by a decrease in exports to Colombia ($-3.83k or -14.8%). In December 2021, the increase in Surveying Equipment's year-by-year imports was explained primarily by an increase in imports from China ($311k or 623%), United Kingdom ($223k or 847%), and Australia ($98.2k or 8.16k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2020 - December 2021)$-394k(-53.5%)

IMPORT GROWTH (December 2020 - December 2021)$663k(74%)

MAIN DESTINATION (December 2021)Peru$287k

This section shows Surveying Equipment'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 Surveying Equipment over time.

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