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Ecuador Trade Summary

1994

Ecuador exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR ECUADOR 1994

Overall Exports and Imports for Ecuador 1994

Exports and imports of Ecuador in 1994 are below, along with number of countries and products

  • The total value of exports (FoB) was 3,843 million.
  • The total value of imports (CIF) was 3,622 million.
  • At the HS6 digit level, 1,536 products were exported to 101 countries and 4,166 products were imported from 104 countries.

Ecuador top 5 Export and Import partners 1994

Top five countries to which Ecuador exported in 1994 are below, along with the percent of total exports that went to that country:

  1. Ecuador exports to United States worth US$ 1,625 million, with a partner share of 42.28 percent.
  2. Ecuador exports to Korea, Rep. worth US$ 290 million, with a partner share of 7.54 percent.
  3. Ecuador exports to Colombia worth US$ 226 million, with a partner share of 5.88 percent.
  4. Ecuador exports to Germany worth US$ 189 million, with a partner share of 4.91 percent.
  5. Ecuador exports to Chile worth US$ 166 million, with a partner share of 4.33 percent.

Top five countries from which Ecuador imported goods in 1994 are below, along with percent of total imports that came from the country :

  1. Ecuador imports from United States worth US$ 950 million, with a partner share of 26.24 percent.
  2. Ecuador imports from Japan worth US$ 515 million, with a partner share of 14.23 percent.
  3. Ecuador imports from Colombia worth US$ 298 million, with a partner share of 8.22 percent.
  4. Ecuador imports from Brazil worth US$ 227 million, with a partner share of 6.27 percent.
  5. Ecuador imports from Germany worth US$ 217 million, with a partner share of 5.99 percent.

Ecuador Top 5 Productsexports imports at HS 6 digit level 1994

The top five exported HS 6 digit level products to world by Ecuador along with trade value are:

  1. Ecuador exported Petroleum oils and oils obtained from bituminou , worth US$ 1,185,032.96 million.
  2. Ecuador exported Bananas, including plantains, fresh or dried , worth US$ 708,372.10 million.
  3. Ecuador exported Frozen shrimps and prawns , worth US$ 550,761.02 million.
  4. Ecuador exported Coffee, not roasted or decaffeinated , worth US$ 365,710.43 million.
  5. Ecuador exported Cocoa beans, whole or broken, raw or roasted , worth US$ 66,480.40 million.

The top five imported HS 6 digit level products from world by Ecuador along with trade value are

  1. Ecuador imported Automobiles with reciprocating piston engine di , worth US$ 231,673.07 million.
  2. Ecuador imported Gas powered trucks with a GVW not exceeding fiv , worth US$ 161,294.48 million.
  3. Ecuador imported Diesel powered trucks with a GVW exc five tonne , worth US$ 106,729.73 million.
  4. Ecuador imported Automobiles with reciprocating piston engine di , worth US$ 104,555.91 million.
  5. Ecuador imported Automobiles with reciprocating piston engine di , worth US$ 63,227.18 million.

Exports and Imports of Product Groups 1994

Exports and imports of products by stages of processing in 1994 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1994

Tariffs imposed by Ecuador in 1994 are below

  • The maximum rate of tariff in percentage on any product was 40 percent.
  • The simple average tariff across all products was 11.91 percent.
  • The trade weighted average tariff was 11.47 .
  • The total duty free imports in thousands of US dollars were 167,467.42 and duty free tariff line items share was 2.42 percent.

Development Indicators 1994

Key Development Indicators of Ecuador in 1994 are below

  • Ecuador GDP in current US dollar was 22,709 million.
  • GNI per capita, Atlas method (current US$) was 1,800.00 .
  • Ecuador Trade balance: as % of GDP was -3.22.
  • Trade balance in current US$ was -731.00 million.
  • Trade as percentage of GDP was 43.78 .
  • Trade in services as percentage of GDP was 7.90 .

Trade Indicators 1994

Trade Indicators for Ecuador in 1994 are below

  • Hirschman Herfindahl market concentration index was 0.20.
  • Index of export market penetration was 2.46.
  • World Growth in percentage was 15.29 and Ecuador Country Growth was 20.98 .