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Ecuador: Trade Statistics

Exporter Rank

58 / 119

Importer Rank

59 / 119

Trade Balance Rank

53 / 119

Total Trade [1]

Total Exports (2018) $21,606,133,822
Total Imports (2018) $23,019,652,623
Trade Balance (2018) ($1,413,518,801)
Exports of goods and services (% of GDP) (2018) [2] 22.82%
Imports of goods and services (% of GDP) (2018) [2] 23.05%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United States $6,671,508,999
Peru $1,615,108,369
China $1,494,317,067
Chile $1,466,665,105
Panama $1,243,545,876
Vietnam $1,212,303,779
Russia $837,849,724
Colombia $832,530,686
Italy $646,802,297
Spain $582,050,653

Import Partners

Top 10 Import Countries

Country Import USD$
United States $5,010,624,686
China $4,352,591,611
Colombia $1,809,245,097
Panama $1,126,057,313
Brazil $981,399,842
Mexico $804,307,195
Peru $785,002,777
South Korea $770,319,635
Germany $597,829,745
Japan $558,092,972

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $8,806,561,237
(03) Seafood $3,566,416,452
(08) Fruit & Nuts $3,369,702,110
(16) Prepared Meats $1,238,237,596
(06) Live Plants $858,623,111
(18) Cocoa $777,831,632
(44) Wood $381,710,260
(15) Fats & Oils $263,433,525
(20) Preserved Fruits & Vegetables $237,373,460
(71) Precious Stones & Metals $177,848,612

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $4,543,184,256
(84) Industrial Machinery $2,696,754,636
(87) Motor Vehicles & Parts $2,314,422,100
(85) Electrical Machinery $1,883,166,488
(39) Plastics $1,140,683,445
(30) Pharmaceuticals $981,881,229
(23) Animal Feeds $845,040,115
(72) Iron & Steel $820,362,559
(38) Chemical Products $511,908,038
(90) Precision Instruments $484,207,963

Sources:

  1. UN Comtrade (2018) except where stated otherwise.
  2. The World Bank. Accessed: 1/12/2020
Ecuador