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Ecuador Trade Summary

2003

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 2003

Overall Exports and Imports for Ecuador 2003

Exports and imports of Ecuador in 2003 are below, along with number of countries and products

  • The total value of exports (FoB) was 6,038 million.
  • The total value of imports (CIF) was 6,534 million.
  • At the HS6 digit level, 1,802 products were exported to 136 countries and 4,238 products were imported from 142 countries.

Ecuador top 5 Export and Import partners 2003

Top five countries to which Ecuador exported in 2003 are below, along with the percent of total exports that went to that country:

  1. Ecuador exports to United States worth US$ 2,452 million, with a partner share of 40.60 percent.
  2. Ecuador exports to Peru worth US$ 633 million, with a partner share of 10.48 percent.
  3. Ecuador exports to Italy worth US$ 377 million, with a partner share of 6.25 percent.
  4. Ecuador exports to Colombia worth US$ 362 million, with a partner share of 6.00 percent.
  5. Ecuador exports to Russian Federation worth US$ 261 million, with a partner share of 4.32 percent.

Top five countries from which Ecuador imported goods in 2003 are below, along with percent of total imports that came from the country :

  1. Ecuador imports from United States worth US$ 1,228 million, with a partner share of 18.79 percent.
  2. Ecuador imports from Colombia worth US$ 901 million, with a partner share of 13.79 percent.
  3. Ecuador imports from China worth US$ 482 million, with a partner share of 7.37 percent.
  4. Ecuador imports from Brazil worth US$ 398 million, with a partner share of 6.09 percent.
  5. Ecuador imports from Venezuela worth US$ 382 million, with a partner share of 5.85 percent.

Ecuador Top 5 Productsexports imports at HS 6 digit level 2003

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 2,372,314.14 (US$ Thousands).
  2. Ecuador exported Bananas, including plantains, fresh or dried , worth 1,099,404.42 (US$ Thousands).
  3. Ecuador exported Fresh cut flowers and buds , worth 293,326.23 (US$ Thousands).
  4. Ecuador exported Frozen shrimps and prawns , worth 275,550.44 (US$ Thousands).
  5. Ecuador exported Prepared or preserved tuna, skipjack and bonito , worth 211,243.69 (US$ Thousands).

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

  1. Ecuador imported Aromatic hydrocarbon mixtures which >=65% disti , worth 245,643.80 (US$ Thousands).
  2. Ecuador imported Automobiles with reciprocating piston engine di , worth 219,499.76 (US$ Thousands).
  3. Ecuador imported Petroleum gases and other gaseous hydrocarbons, , worth 213,921.92 (US$ Thousands).
  4. Ecuador imported Transmission apparatus, for radioteleph incorpo , worth 186,506.88 (US$ Thousands).
  5. Ecuador imported Other medicaments of mixed or unmixed products, , worth 172,853.93 (US$ Thousands).

Exports and Imports of Product Groups 2003

Exports and imports of products by stages of processing in 2003 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2003

Tariffs imposed by Ecuador in 2003 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 11.85 percent.
  • The trade weighted average tariff was 9.90 .
  • The total duty free imports in thousands of US dollars were 1,121,363.83 and duty free tariff line items share was 7.32 percent.

Development Indicators 2003

Key Development Indicators of Ecuador in 2003 are below

  • Ecuador GDP in current US dollar was 32,433 million.
  • GNI per capita, Atlas method (current US$) was 2,130.00 .
  • Ecuador Trade balance: as % of GDP was -2.04.
  • Trade balance in current US$ was -663.00 million.
  • Trade as percentage of GDP was 47.24 .
  • Trade in services as percentage of GDP was 7.76 .

Trade Indicators 2003

Trade Indicators for Ecuador in 2003 are below

  • Hirschman Herfindahl market concentration index was 0.18.
  • Index of export market penetration was 2.96.
  • World Growth in percentage was 7.11 and Ecuador Country Growth was 9.12 .