Loading..

Ecuador Trade

Latest trade data available from various sources.
Ecuador monthly trade data

Please note: The data from various sources are not from the same year.

Year
For viewing trade, tariff data for country or region by year click here .
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

TRADE SUMMARY FOR Ecuador

Overall Exports and Imports for Ecuador 2022

  • The total value of exports (FOB) is US$ 35,380 million.
  • The total value of imports (CIF) is US$ 33,049 million.
  • At the HS6 digit level, 2,493 products are exported to 150 countries and 4,035 products are imported from 197 countries.

Top 5 Products exports imports at HS 6 digit level 2022

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 10,834,637.18 (US$ Thousands).
  • Ecuador exported Frozen shrimps and prawns , worth 7,998,315.76 (US$ Thousands).
  • Ecuador exported Bananas, including plantains, fresh or dried , worth 3,523,427.27 (US$ Thousands).
  • Ecuador exported Petroleum oils, etc, (excl. crude); preparation , worth 1,709,765.20 (US$ Thousands).
  • Ecuador exported Prepared or preserved tuna, skipjack and bonito , worth 1,337,435.99 (US$ Thousands).

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 4,597,462.37 (US$ Thousands).
  • Ecuador imported Aromatic hydrocarbon mixtures which >=65% disti , worth 2,511,608.28 (US$ Thousands).
  • Ecuador imported Oil-cake and other solid residues, of soya-bean , worth 967,370.04 (US$ Thousands).
  • Ecuador imported Other medicaments of mixed or unmixed products, , worth 649,213.95 (US$ Thousands).
  • Ecuador imported Propane, liquefied , worth 586,471.36 (US$ Thousands).

Ecuador top 5 Export and Import partners 2022

The top five countries to which Ecuador exported 2022 along with the partner share in percentage are:

  1. Ecuador exports to United States worth US$ 9,804 million, with a partner share of 27.71 percent.
  2. Ecuador exports to China worth US$ 6,242 million, with a partner share of 17.64 percent.
  3. Ecuador exports to Panama worth US$ 4,990 million, with a partner share of 14.10 percent.
  4. Ecuador exports to Chile worth US$ 1,361 million, with a partner share of 3.85 percent.
  5. Ecuador exports to Colombia worth US$ 1,072 million, with a partner share of 3.03 percent.

The top five countries to which Ecuador imported goods 2022 along with the share in percentage are

  1. Ecuador imports from United States worth US$ 8,569 million, with a partner share of 25.93 percent.
  2. Ecuador imports from China worth US$ 7,281 million, with a partner share of 22.03 percent.
  3. Ecuador imports from Colombia worth US$ 2,055 million, with a partner share of 6.22 percent.
  4. Ecuador imports from Brazil worth US$ 1,328 million, with a partner share of 4.02 percent.
  5. Ecuador imports from Korea, Rep. worth US$ 1,217 million, with a partner share of 3.68 percent.

Ecuador Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs 2022

Tariffs imposed by Ecuador in 2022 are below.

  • The maximum rate of tariff in percentage on any product is 1,190.88.
  • The simple average tariff across all products is 10.91.
  • The trade weighted average tariff is 7.
  • The total duty free imports in thousands of US dollars are 13,871,392.07 and duty free tariff line items share is 51.72.

Overall Trade Restrictiveness Index (OTRI) 2009

more »
  • Overall Trade Restrictiveness Index - Applied Tariff for the year 2009 is 0.03.
  • Overall Trade Restrictiveness Index - MFN Tariff for the year 2009 is 0.05.

Non-Tariff Measures (NTM)

more »
  • No Of NTM Measures is 62.
  • No Of NTM Affected Products (HS 6 Digit) is 2,985.

Temporary Trade Barriers Database (TTDB) 2013.

more »
  • Temporary Trade Barriers in Effect - Simple Average for the year 2013 is 0.02.
  • Temporary Trade Barriers in Effect - Weighted Average for the year 2013 is 0.04.

Ecuador World Development Indicators (WDI) 2022

Key Development Indicators of Ecuador in 2022 are below

WDI

Ecuador Doing Business 2019

  • The ease of doing business rank for Ecuador is 129.
  • The trade across border rank is 103.
Doing Business

Ecuador Country Policy and Institutional Assessment (CPIA),

  • The CPIA Trade Ratings for is not available.
CPIA

EcuadorLogistics Performance Index (LPI) 2016

  • The LPI score for Ecuador in 2016 is 2.78.
  • The LPI rank is 74.
LPI

Ecuador Services Service Policy Restrictive Database (SPRD)

  • Services Trade Restrictions Index (Over All) for Ecuador is 6.20.
SPRD