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Ecuador Trade Summary

1998

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 1998

Overall Exports and Imports for Ecuador 1998

Exports and imports of Ecuador in 1998 are below, along with number of countries and products

  • The total value of exports (FoB) was 4,203 million.
  • The total value of imports (CIF) was 5,575 million.
  • At the HS6 digit level, 1,286 products were exported to 114 countries and 4,270 products were imported from 143 countries.

Ecuador top 5 Export and Import partners 1998

Top five countries to which Ecuador exported in 1998 are below, along with the percent of total exports that went to that country:

  1. Ecuador exports to United States worth US$ 1,637 million, with a partner share of 38.95 percent.
  2. Ecuador exports to Colombia worth US$ 283 million, with a partner share of 6.72 percent.
  3. Ecuador exports to Italy worth US$ 257 million, with a partner share of 6.12 percent.
  4. Ecuador exports to Peru worth US$ 199 million, with a partner share of 4.74 percent.
  5. Ecuador exports to Spain worth US$ 140 million, with a partner share of 3.33 percent.

Top five countries from which Ecuador imported goods in 1998 are below, along with percent of total imports that came from the country :

  1. Ecuador imports from United States worth US$ 1,680 million, with a partner share of 30.14 percent.
  2. Ecuador imports from Colombia worth US$ 592 million, with a partner share of 10.62 percent.
  3. Ecuador imports from Japan worth US$ 481 million, with a partner share of 8.63 percent.
  4. Ecuador imports from Venezuela worth US$ 269 million, with a partner share of 4.83 percent.
  5. Ecuador imports from Germany worth US$ 228 million, with a partner share of 4.10 percent.

Ecuador Top 5 Productsexports imports at HS 6 digit level 1998

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

  1. Ecuador exported Bananas, including plantains, fresh or dried , worth 1,070,212.03 (US$ Thousands).
  2. Ecuador exported Frozen shrimps and prawns , worth 871,925.82 (US$ Thousands).
  3. Ecuador exported Petroleum oils and oils obtained from bituminou , worth 788,974.27 (US$ Thousands).
  4. Ecuador exported Fresh cut flowers and buds , worth 160,951.57 (US$ Thousands).
  5. Ecuador exported Prepared or preserved tuna, skipjack and bonito , worth 108,014.10 (US$ Thousands).

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

  1. Ecuador imported Other medicaments of mixed or unmixed products, , worth 124,373.43 (US$ Thousands).
  2. Ecuador imported Transmission apparatus, for radioteleph incorpo , worth 104,267.02 (US$ Thousands).
  3. Ecuador imported Petroleum gases and other gaseous hydrocarbons, , worth 97,172.17 (US$ Thousands).
  4. Ecuador imported Durum wheat , worth 87,973.22 (US$ Thousands).
  5. Ecuador imported Automobiles with reciprocating piston engine di , worth 82,568.87 (US$ Thousands).

Exports and Imports of Product Groups 1998

Exports and imports of products by stages of processing in 1998 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1998

Tariffs imposed by Ecuador in 1998 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 11.89 percent.
  • The trade weighted average tariff was 10.70 .
  • The total duty free imports in thousands of US dollars were 223,037.35 and duty free tariff line items share was 3.81 percent.

Development Indicators 1998

Key Development Indicators of Ecuador in 1998 are below

  • Ecuador GDP in current US dollar was 27,982 million.
  • GNI per capita, Atlas method (current US$) was 2,160.00 .
  • Ecuador Trade balance: as % of GDP was -7.61.
  • Trade balance in current US$ was -2,130.00 million.
  • Trade as percentage of GDP was 43.40 .
  • Trade in services as percentage of GDP was 6.89 .

Trade Indicators 1998

Trade Indicators for Ecuador in 1998 are below

  • Hirschman Herfindahl market concentration index was 0.15.
  • Index of export market penetration was 2.58.
  • World Growth in percentage was -0.47 and Ecuador Country Growth was -7.16 .