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2022
Exports $234kWorld Rnk 67 / 182
Flag Rnk 450 / 1017
2022
Destination $14.5k Chile
2021 - 2022
FASTEST GROWING MARKET $14.5kCosta Rica
2022
PRODUCT COMPLEXITY IN Radio Receivers0.42Rnk 398 / 1025
2022
Imports $17.5MWorld Rnk 59 / 214
Flag Rnk 264 / 1175
2022
Origin $4.5M China
2021 - 2022
FASTEST GROWING ORIGIN $4.5MChina
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $234k in Radio Receivers, making it the 67th largest exporter of Radio Receivers in the world. At the same year, Radio Receivers was the 450th most exported product in Ecuador. The main destination of Radio Receivers exports from Ecuador are: Chile ($176k), Colombia ($18.6k), Costa Rica ($14.9k), United States ($14.2k), and China ($4.69k).

The fastest growing export markets for Radio Receivers of Ecuador between 2021 and 2022 were Costa Rica ($14.5k), China ($4.33k), and Peru ($2.64k).

Imports In 2022, Ecuador imported $17.5M in Radio Receivers, becoming the 59th largest importer of Radio Receivers in the world. At the same year, Radio Receivers was the 264th most imported product in Ecuador. Ecuador imports Radio Receivers primarily from: China ($14.1M), Malaysia ($898k), Brazil ($793k), United States ($460k), and Panama ($300k).

The fastest growing import markets in Radio Receivers for Ecuador between 2021 and 2022 were China ($4.5M), Brazil ($759k), and Malaysia ($581k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Radio Receivers exports accounted up to $125k and imports accounted up to $1.03M, resulting in a negative trade balance of $906k. Between November 2020 and December 2021 the exports of Ecuador's   Radio Receivers have increased by $121k (2.64k%) from $4.58k to $125k, while imports increased by $70.7k (7.36%) from $961k to $1.03M.

Destinations In December 2021, Radio Receivers were exported mostly to Chile ($125k), and were imported mostly from China ($695k), Malaysia ($118k), Panama ($91.4k), Mexico ($53.7k), and United States ($46.8k).

Growth In December 2021, the increase in Radio Receivers's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Radio Receivers's year-by-year imports was explained primarily by an increase in imports from Malaysia ($24.1k or 146%) and United States ($17k or 311%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2020 - December 2021)$121k(2.64k%)
IMPORT GROWTH (December 2020 - December 2021)$70.7k(7.36%)
MAIN DESTINATION (December 2021)Chile$125k

This section shows Radio Receivers'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 Radio Receivers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$234k
IMPORTS (2022)$17.5M
NET TRADE (2022)-$17.3M

In 2022, Ecuador exported $234k in Radio Receivers. The main destinations of Ecuador exports on Radio Receivers were Chile ($176k), Colombia ($18.6k), Costa Rica ($14.9k), United States ($14.2k), and China ($4.69k).

In 2022, Ecuador imported $17.5M in Radio Receivers, mainly from China ($14.1M), Malaysia ($898k), Brazil ($793k), United States ($460k), and Panama ($300k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Radio Receivers EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Costa Rica$14.5k (3.65k%)
China$4.33k (1.2k%)
Peru$2.64k (697%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Radio Receivers BY Ecuador WERE (2021 - 2022):
Chile-$627k (-78.1%)
United States-$74.4k (-84%)
Argentina-$26.1k (-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 Radio Receivers were:
China $4.02B
Mexico $1.85B
Thailand $778M
In 2022, Ecuador's main importing competitors in Radio Receivers were:
United States $3.5B
Germany $858M
Mexico $638M

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Trade Value of Radio Receivers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $66.3k
TOP IMPORT POTENTIALUnited States+ $351k

Radio Receivers’s highest export potential is United States. With an export gap of $66.3k.   Radio Receivers’s highest import potential is United States with an import gap of $351k.

See methodology.

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