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Ecuador: Trade Statistics

Exporter Rank

56 / 121

Importer Rank

62 / 121

Trade Balance Rank

48 / 121

Total Trade [1]

Total Exports (2017) $19,122,455,098
Total Imports (2017) $19,844,932,840
Trade Balance (2017) ($722,477,742)
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 $6,056,905,271
Vietnam $1,457,712,287
Peru $1,282,526,990
Chile $1,236,134,596
Panama $935,806,100
Russia $845,311,061
China $771,887,588
Colombia $763,222,021
Spain $600,753,260
Italy $587,291,472

Import Partners

Top 10 Import Countries

Country Import USD$
United States $3,960,165,713
China $3,684,969,850
Colombia $1,603,068,144
Panama $892,255,086
Brazil $876,308,619
Peru $759,209,671
Mexico $741,330,838
South Korea $656,583,635
Spain $594,217,752
Germany $530,473,493

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

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $6,914,482,607
(03) Seafood $3,298,258,624
(08) Fruit & Nuts $3,187,037,492
(16) Prepared Meats $1,172,764,352
(06) Live Plants $890,536,629
(18) Cocoa $688,981,264
(44) Wood $344,080,967
(15) Fats & Oils $295,039,258
(20) Preserved Fruits & Vegetables $231,331,994
(23) Animal Feeds $183,391,712

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $3,377,939,470
(84) Industrial Machinery $2,362,548,753
(87) Motor Vehicles & Parts $1,878,475,221
(85) Electrical Machinery $1,736,165,961
(30) Pharmaceuticals $990,707,905
(39) Plastics $988,828,257
(72) Iron & Steel $744,080,463
(23) Animal Feeds $666,218,663
(90) Precision Instruments $490,519,399
(38) Chemical Products $483,849,241

Sources:

  1. UN Comtrade (2017) except where stated otherwise.
  2. The World Bank. Accessed: 9/30/2019
Ecuador