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:
- Ecuador exports to United States worth US$ 9,804 million, with a partner share of 27.71 percent.
- Ecuador exports to China worth US$ 6,242 million, with a partner share of 17.64 percent.
- Ecuador exports to Panama worth US$ 4,990 million, with a partner share of 14.10 percent.
- Ecuador exports to Chile worth US$ 1,361 million, with a partner share of 3.85 percent.
- 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
- Ecuador imports from United States worth US$ 8,569 million, with a partner share of 25.93 percent.
- Ecuador imports from China worth US$ 7,281 million, with a partner share of 22.03 percent.
- Ecuador imports from Colombia worth US$ 2,055 million, with a partner share of 6.22 percent.
- Ecuador imports from Brazil worth US$ 1,328 million, with a partner share of 4.02 percent.
- 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.
- Ecuador Raw materials exports are worth US$ 26,636 million, product share of 75.28%.
- Ecuador Raw materials imports are worth US$ 1,604 million, product share of 4.85%.
- Ecuador Intermediate goods exports are worth US$ 2,507 million, product share of 7.09%.
- Ecuador Intermediate goods imports are worth US$ 11,209 million, product share of 33.92%.
- Ecuador Consumer goods exports are worth US$ 5,996 million, product share of 16.95%.
- Ecuador Consumer goods imports are worth US$ 13,153 million, product share of 39.80%.
- Ecuador Capital goods exports are worth US$ 214 million, product share of 0.61%.
- Ecuador Capital goods imports are worth US$ 6,713 million, product share of 20.31%.
Ecuador Trade Indicators 2022
- Hirschman Herfindahl Market concentration index is 0.15.
- Index of export market penetration is 0.15.
- World Growth in percentage is 0.15 and Ecuador Country Growth is 7.19.
Ecuador Service Trade data from WDI 2022
- Ecuador, Service imports (BoP, current US$) is 5,562,145,735.17.
- Ecuador, Service exports (BoP, current US$) is 2,886,696,382.15.
- Ecuador, Imports of goods and services as percentage of GDP is 28.52 %.
- Ecuador, Exports of goods and services as percentage of GDP is 29.17 %.