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Ecuador: Trade Statistics

Exporter Rank

62 / 138

Importer Rank

65 / 138

Trade Balance Rank

39 / 138

Total Trade [1]

Total Exports (2021) $26,699,199,844
Total Imports (2021) $25,687,187,046
Trade Balance (2021) $1,012,012,798
Exports of goods and services (% of GDP) (2022) [2] 29.17%
Imports of goods and services (% of GDP) (2022) [2] 28.52%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United States $6,402,858,058
China $4,074,884,603
Panama $3,969,541,807
Chile $1,120,473,064
Russia $999,795,919
Colombia $851,879,854
Spain $731,982,495
Netherlands $684,869,023
India $658,255,185
Peru $618,644,203

Import Partners

Top 10 Import Countries

Country Import USD$
China $6,036,902,970
United States $5,668,124,461
Colombia $1,791,870,451
Brazil $994,904,056
South Korea $914,652,599
Peru $862,227,562
Mexico $715,640,332
Spain $605,731,963
Japan $581,898,740
Germany $578,548,802

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

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $8,619,981,016
(03) Seafood $5,718,337,129
(08) Fruit & Nuts $3,742,612,814
(26) Ores $1,513,536,624
(16) Prepared Meats $1,319,760,643
(06) Live Plants $964,598,951
(18) Cocoa $940,043,564
(71) Precious Stones & Metals $597,110,573
(44) Wood $569,110,611
(20) Preserved Fruits & Vegetables $266,486,889

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $4,850,565,674
(84) Industrial Machinery $2,607,602,540
(87) Motor Vehicles & Parts $2,044,139,733
(85) Electrical Machinery $1,878,844,739
(30) Pharmaceuticals $1,479,241,121
(39) Plastics $1,398,600,621
(23) Animal Feeds $1,154,192,434
(72) Iron & Steel $1,090,442,581
(38) Chemical Products $591,768,373
(10) Cereals $578,210,261

Sources:

  1. UN Comtrade (2021) except where stated otherwise.
  2. The World Bank. Accessed: 9/11/2023
Ecuador