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Ecuador: Trade Statistics

Exporter Rank

60 / 127

Importer Rank

66 / 127

Trade Balance Rank

34 / 127

Total Trade [1]

Total Exports (2019) $22,329,378,889
Total Imports (2019) $20,277,091,794
Trade Balance (2019) $2,052,287,095
Exports of goods and services (% of GDP) (2020) [2] 22.53%
Imports of goods and services (% of GDP) (2020) [2] 20.75%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United States $6,732,894,817
China $2,896,831,399
Panama $1,918,548,689
Chile $1,485,060,327
Peru $951,961,382
Russia $879,670,427
Colombia $854,965,777
Spain $639,124,319
Netherlands $571,502,289
Italy $472,466,772

Import Partners

Top 10 Import Countries

Country Import USD$
United States $4,390,604,597
China $3,837,685,967
Colombia $1,597,280,267
Panama $1,040,153,253
Brazil $884,903,347
Peru $743,510,242
Mexico $651,300,861
Japan $541,090,679
Spain $513,331,638
South Korea $473,894,597

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

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $8,746,465,197
(03) Seafood $4,241,981,451
(08) Fruit & Nuts $3,490,732,657
(16) Prepared Meats $1,207,336,607
(06) Live Plants $887,030,053
(18) Cocoa $763,896,889
(44) Wood $463,742,194
(20) Preserved Fruits & Vegetables $215,807,032
(07) Vegetables $208,325,090
(71) Precious Stones & Metals $204,119,482

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $4,378,702,112
(84) Industrial Machinery $2,169,419,045
(87) Motor Vehicles & Parts $1,441,101,657
(85) Electrical Machinery $1,266,585,264
(39) Plastics $1,001,646,772
(30) Pharmaceuticals $969,360,406
(23) Animal Feeds $824,632,098
(72) Iron & Steel $678,868,669
(38) Chemical Products $495,666,801
(73) Iron & Steel Articles $418,228,014

Sources:

  1. UN Comtrade (2019) except where stated otherwise.
  2. The World Bank. Accessed: 1/17/2022
Ecuador