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Ecuador Trade Summary

2007

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 2007

Overall Exports and Imports for Ecuador 2007

Exports and imports of Ecuador in 2007 are below, along with number of countries and products

  • The total value of exports (FoB) was 13,800 million.
  • The total value of imports (CIF) was 13,565 million.
  • At the HS6 digit level, 2,281 products were exported to 153 countries and 4,234 products were imported from 123 countries.

Ecuador top 5 Export and Import partners 2007

Top five countries to which Ecuador exported in 2007 are below, along with the percent of total exports that went to that country:

  1. Ecuador exports to United States worth US$ 5,978 million, with a partner share of 43.32 percent.
  2. Ecuador exports to Peru worth US$ 1,492 million, with a partner share of 10.81 percent.
  3. Ecuador exports to Chile worth US$ 658 million, with a partner share of 4.77 percent.
  4. Ecuador exports to Colombia worth US$ 651 million, with a partner share of 4.71 percent.
  5. Ecuador exports to Venezuela worth US$ 484 million, with a partner share of 3.51 percent.

Top five countries from which Ecuador imported goods in 2007 are below, along with percent of total imports that came from the country :

  1. Ecuador imports from United States worth US$ 2,795 million, with a partner share of 20.60 percent.
  2. Ecuador imports from Colombia worth US$ 1,489 million, with a partner share of 10.98 percent.
  3. Ecuador imports from Venezuela worth US$ 1,318 million, with a partner share of 9.72 percent.
  4. Ecuador imports from China worth US$ 1,122 million, with a partner share of 8.27 percent.
  5. Ecuador imports from Brazil worth US$ 731 million, with a partner share of 5.39 percent.

Ecuador Top 5 Productsexports imports at HS 6 digit level 2007

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$ 7,428,356.05 million.
  2. Ecuador exported Bananas, including plantains, fresh or dried , worth US$ 1,302,739.25 million.
  3. Ecuador exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 749,696.03 million.
  4. Ecuador exported Frozen shrimps and prawns , worth US$ 596,651.09 million.
  5. Ecuador exported Fresh cut flowers and buds , worth US$ 398,847.76 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$ 1,286,068.34 million.
  2. Ecuador imported Aromatic hydrocarbon mixtures which >=65% disti , worth US$ 811,466.16 million.
  3. Ecuador imported Petroleum gases and other gaseous hydrocarbons, , worth US$ 624,160.22 million.
  4. Ecuador imported Transmission apparatus, for radioteleph incorpo , worth US$ 317,330.62 million.
  5. Ecuador imported Other medicaments of mixed or unmixed products, , worth US$ 301,834.30 million.

Exports and Imports of Product Groups 2007

Exports and imports of products by stages of processing in 2007 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2007

Tariffs imposed by Ecuador in 2007 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 10.03 percent.
  • The trade weighted average tariff was 5.90 .
  • The total duty free imports in thousands of US dollars were 5,871,660.20 and duty free tariff line items share was 22.40 percent.

Development Indicators 2007

Key Development Indicators of Ecuador in 2007 are below

  • Ecuador GDP in current US dollar was 51,008 million.
  • GNI per capita, Atlas method (current US$) was 3,310.00 .
  • Ecuador Trade balance: as % of GDP was 1.28.
  • Trade balance in current US$ was 651.00 million.
  • Trade as percentage of GDP was 62.59 .
  • Trade in services as percentage of GDP was 7.42 .

Trade Indicators 2007

Trade Indicators for Ecuador in 2007 are below

  • Hirschman Herfindahl market concentration index was 0.18.
  • Index of export market penetration was 3.34.
  • World Growth in percentage was 7.58 and Ecuador Country Growth was 4.13 .