Key Market Indicators
The country ranked number 48 in 2021, while Panama came ahead at $31,840. The US, China and Hong Kong respectively ranked numbers 2, 3 and 4 in this ranking. Ecuador's computer hardware imports are projected to reach nearly $50 million by 2026, a decrease of 1.1% per year on average from 2021. Since 1996, demand for this product has grown by 3.1% annually. In 2021, Ecuador ranked 59th in the world, behind Sri Lanka at $53 million. Germany, the Netherlands, and China were the top three importers. Exports of computer hardware from Ecuador totaled $32 million in 2021, down 39.6% from $53 million in 2020. Since 1997, supply has decreased by 27.6% per year on average. Ecuador ranked 48th in 2021, behind Panama at $32 million. The US, China, and Hong Kong were the top three exporters.