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Ecuador Trade Summary

2004

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 2004

Overall Exports and Imports for Ecuador 2004

Exports and imports of Ecuador in 2004 are below, along with number of countries and products

  • The total value of exports (FoB) was 7,606 million.
  • The total value of imports (CIF) was 7,861 million.
  • At the HS6 digit level, 1,951 products were exported to 134 countries and 4,252 products were imported from 146 countries.

Ecuador top 5 Export and Import partners 2004

Top five countries to which Ecuador exported in 2004 are below, along with the percent of total exports that went to that country:

  1. Ecuador exports to United States worth US$ 3,265 million, with a partner share of 42.93 percent.
  2. Ecuador exports to Panama worth US$ 1,088 million, with a partner share of 14.31 percent.
  3. Ecuador exports to Peru worth US$ 601 million, with a partner share of 7.91 percent.
  4. Ecuador exports to Italy worth US$ 354 million, with a partner share of 4.66 percent.
  5. Ecuador exports to Colombia worth US$ 282 million, with a partner share of 3.71 percent.

Top five countries from which Ecuador imported goods in 2004 are below, along with percent of total imports that came from the country :

  1. Ecuador imports from United States worth US$ 1,323 million, with a partner share of 16.83 percent.
  2. Ecuador imports from Colombia worth US$ 1,107 million, with a partner share of 14.09 percent.
  3. Ecuador imports from China worth US$ 704 million, with a partner share of 8.95 percent.
  4. Ecuador imports from Venezuela worth US$ 559 million, with a partner share of 7.11 percent.
  5. Ecuador imports from Brazil worth US$ 508 million, with a partner share of 6.46 percent.

Ecuador Top 5 Productsexports imports at HS 6 digit level 2004

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 3,898,508.40 (US$ Thousands).
  2. Ecuador exported Bananas, including plantains, fresh or dried , worth 1,022,898.66 (US$ Thousands).
  3. Ecuador exported Fresh cut flowers and buds , worth 340,809.75 (US$ Thousands).
  4. Ecuador exported Frozen shrimps and prawns , worth 319,099.13 (US$ Thousands).
  5. Ecuador exported Petroleum oils, etc, (excl. crude); preparation , worth 227,942.99 (US$ Thousands).

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

  1. Ecuador imported Transmission apparatus, for radioteleph incorpo , worth 295,233.28 (US$ Thousands).
  2. Ecuador imported Petroleum gases and other gaseous hydrocarbons, , worth 278,021.78 (US$ Thousands).
  3. Ecuador imported Automobiles with reciprocating piston engine di , worth 239,656.34 (US$ Thousands).
  4. Ecuador imported Aromatic hydrocarbon mixtures which >=65% disti , worth 230,116.85 (US$ Thousands).
  5. Ecuador imported Other medicaments of mixed or unmixed products, , worth 216,036.18 (US$ Thousands).

Exports and Imports of Product Groups 2004

Exports and imports of products by stages of processing in 2004 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2004

Tariffs imposed by Ecuador in 2004 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 11.59 percent.
  • The trade weighted average tariff was 8.95 .
  • The total duty free imports in thousands of US dollars were 1,524,703.51 and duty free tariff line items share was 7.46 percent.

Development Indicators 2004

Key Development Indicators of Ecuador in 2004 are below

  • Ecuador GDP in current US dollar was 36,592 million.
  • GNI per capita, Atlas method (current US$) was 2,560.00 .
  • Ecuador Trade balance: as % of GDP was -1.56.
  • Trade balance in current US$ was -570.00 million.
  • Trade as percentage of GDP was 50.67 .
  • Trade in services as percentage of GDP was 8.19 .

Trade Indicators 2004

Trade Indicators for Ecuador in 2004 are below

  • Hirschman Herfindahl market concentration index was 0.23.
  • Index of export market penetration was 3.13.
  • World Growth in percentage was 10.40 and Ecuador Country Growth was 15.24 .