Overall Exports and Imports for Ecuador 2021
- The total value of exports (FOB) is US$ 26,699 million.
- The total value of imports (CIF) is US$ 25,687 million.
- At the HS6 digit level, 2,486 products are exported to 155 countries and 4,032 products are imported from 204 countries.
Top 5 Products exports imports at HS 6 digit level 2021
The top five exported HS 6 digit level products to world by Ecuador along with trade value are:
- Ecuador exported Petroleum oils and oils obtained from bituminou , worth US$ 7,278,163.13 million.
- Ecuador exported Frozen shrimps and prawns , worth US$ 5,323,318.36 million.
- Ecuador exported Bananas, including plantains, fresh or dried , worth US$ 3,500,320.98 million.
- Ecuador exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,319,767.40 million.
- Ecuador exported Prepared or preserved tuna, skipjack and bonito , worth US$ 1,135,871.16 million.
The top five imported HS 6 digit level products from world by Ecuador along with trade value are
- Ecuador imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 2,467,302.44 million.
- Ecuador imported Aromatic hydrocarbon mixtures which >=65% disti , worth US$ 1,581,548.36 million.
- Ecuador imported Oil-cake and other solid residues, of soya-bean , worth US$ 730,464.54 million.
- Ecuador imported Other medicaments of mixed or unmixed products, , worth US$ 622,170.03 million.
- Ecuador imported Transmission apparatus, for radioteleph incorpo , worth US$ 558,562.61 million.
Ecuador top 5 Export and Import partners 2021
The top five countries to which Ecuador exported 2021 along with the partner share in percentage are:
- Ecuador exports to United States worth US$ 6,403 million, with a partner share of 23.98 percent.
- Ecuador exports to China worth US$ 4,075 million, with a partner share of 15.26 percent.
- Ecuador exports to Panama worth US$ 3,970 million, with a partner share of 14.87 percent.
- Ecuador exports to Chile worth US$ 1,120 million, with a partner share of 4.20 percent.
- Ecuador exports to Russian Federation worth US$ 1,000 million, with a partner share of 3.74 percent.
The top five countries to which Ecuador imported goods 2021 along with the share in percentage are
- Ecuador imports from China worth US$ 6,037 million, with a partner share of 23.50 percent.
- Ecuador imports from United States worth US$ 5,668 million, with a partner share of 22.07 percent.
- Ecuador imports from Colombia worth US$ 1,792 million, with a partner share of 6.98 percent.
- Ecuador imports from Brazil worth US$ 995 million, with a partner share of 3.87 percent.
- Ecuador imports from Korea, Rep. worth US$ 915 million, with a partner share of 3.56 percent.
Ecuador Exports and Imports of Product Groups 2021
Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import.
- Ecuador Raw materials exports are worth US$ 19,589 million, product share of 73.37%.
- Ecuador Raw materials imports are worth US$ 1,341 million, product share of 5.22%.
- Ecuador Intermediate goods exports are worth US$ 1,964 million, product share of 7.35%.
- Ecuador Intermediate goods imports are worth US$ 8,851 million, product share of 34.46%.
- Ecuador Consumer goods exports are worth US$ 4,966 million, product share of 18.60%.
- Ecuador Consumer goods imports are worth US$ 9,629 million, product share of 37.49%.
- Ecuador Capital goods exports are worth US$ 158 million, product share of 0.59%.
- Ecuador Capital goods imports are worth US$ 5,554 million, product share of 21.62%.
Ecuador Trade Indicators 2021
- Hirschman Herfindahl Market concentration index is 0.13.
- Index of export market penetration is 0.13.
- World Growth in percentage is 0.13 and Ecuador Country Growth is 14.68.
Ecuador Service Trade data from WDI 2021
- Ecuador, Service imports (BoP, current US$) is 4,152,710,916.07.
- Ecuador, Service exports (BoP, current US$) is 2,069,729,675.71.
- Ecuador, Imports of goods and services as percentage of GDP is 25.20 %.
- Ecuador, Exports of goods and services as percentage of GDP is 26.19 %.