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Ecuador Trade Summary

2006

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 2006

Overall Exports and Imports for Ecuador 2006

Exports and imports of Ecuador in 2006 are below, along with number of countries and products

  • The total value of exports (FoB) was 12,728 million.
  • The total value of imports (CIF) was 12,114 million.
  • At the HS6 digit level, 2,233 products were exported to 142 countries and 4,227 products were imported from 125 countries.

Ecuador top 5 Export and Import partners 2006

Top five countries to which Ecuador exported in 2006 are below, along with the percent of total exports that went to that country:

  1. Ecuador exports to United States worth US$ 6,825 million, with a partner share of 53.62 percent.
  2. Ecuador exports to Peru worth US$ 1,039 million, with a partner share of 8.17 percent.
  3. Ecuador exports to Colombia worth US$ 715 million, with a partner share of 5.62 percent.
  4. Ecuador exports to Chile worth US$ 554 million, with a partner share of 4.36 percent.
  5. Ecuador exports to Italy worth US$ 427 million, with a partner share of 3.35 percent.

Top five countries from which Ecuador imported goods in 2006 are below, along with percent of total imports that came from the country :

  1. Ecuador imports from United States worth US$ 2,739 million, with a partner share of 22.61 percent.
  2. Ecuador imports from Colombia worth US$ 1,547 million, with a partner share of 12.77 percent.
  3. Ecuador imports from Brazil worth US$ 884 million, with a partner share of 7.30 percent.
  4. Ecuador imports from China worth US$ 828 million, with a partner share of 6.84 percent.
  5. Ecuador imports from Chile worth US$ 491 million, with a partner share of 4.05 percent.

Ecuador Top 5 Productsexports imports at HS 6 digit level 2006

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$ 6,934,010.06 million.
  2. Ecuador exported Bananas, including plantains, fresh or dried , worth US$ 1,213,576.37 million.
  3. Ecuador exported Frozen shrimps and prawns , worth US$ 587,599.98 million.
  4. Ecuador exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 499,027.38 million.
  5. Ecuador exported Fresh cut flowers and buds , worth US$ 433,616.93 million.

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

  1. Ecuador imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,369,085.89 million.
  2. Ecuador imported Aromatic hydrocarbon mixtures which >=65% disti , worth US$ 543,051.32 million.
  3. Ecuador imported Petroleum gases and other gaseous hydrocarbons, , worth US$ 483,533.06 million.
  4. Ecuador imported Automobiles with reciprocating piston engine di , worth US$ 365,865.76 million.
  5. Ecuador imported Transmission apparatus, for radioteleph incorpo , worth US$ 309,488.70 million.

Exports and Imports of Product Groups 2006

Exports and imports of products by stages of processing in 2006 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2006

Tariffs imposed by Ecuador in 2006 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 9.82 percent.
  • The trade weighted average tariff was 6.16 .
  • The total duty free imports in thousands of US dollars were 4,594,429.67 and duty free tariff line items share was 23.63 percent.

Development Indicators 2006

Key Development Indicators of Ecuador in 2006 are below

  • Ecuador GDP in current US dollar was 46,802 million.
  • GNI per capita, Atlas method (current US$) was 3,110.00 .
  • Ecuador Trade balance: as % of GDP was 0.96.
  • Trade balance in current US$ was 448.00 million.
  • Trade as percentage of GDP was 59.71 .
  • Trade in services as percentage of GDP was 7.24 .

Trade Indicators 2006

Trade Indicators for Ecuador in 2006 are below

  • Hirschman Herfindahl market concentration index was 0.27.
  • Index of export market penetration was 3.25.
  • World Growth in percentage was 7.64 and Ecuador Country Growth was 9.28 .