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Ecuador Trade Summary

2014

Ecuador exports, imports, tariff by year.
Ecuador monthly trade data
Ecuador quarterly trade data

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


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TRADE SUMMARY FOR ECUADOR 2014

Overall Exports and Imports for Ecuador 2014

Exports and imports of Ecuador in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 25,724 million.
  • The total value of imports (CIF) was 27,518 million.
  • At the HS6 digit level, 2,393 products were exported to 154 countries and 4,059 products were imported from 191 countries.

Ecuador top 5 Export and Import partners 2014

Top five countries to which Ecuador exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Ecuador exports to United States worth US$ 11,240 million, with a partner share of 43.69 percent.
  2. Ecuador exports to Chile worth US$ 2,328 million, with a partner share of 9.05 percent.
  3. Ecuador exports to Peru worth US$ 1,582 million, with a partner share of 6.15 percent.
  4. Ecuador exports to Panama worth US$ 1,398 million, with a partner share of 5.43 percent.
  5. Ecuador exports to Colombia worth US$ 951 million, with a partner share of 3.70 percent.

Top five countries from which Ecuador imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Ecuador imports from United States worth US$ 7,693 million, with a partner share of 27.96 percent.
  2. Ecuador imports from China worth US$ 4,615 million, with a partner share of 16.77 percent.
  3. Ecuador imports from Colombia worth US$ 2,063 million, with a partner share of 7.50 percent.
  4. Ecuador imports from Mexico worth US$ 1,139 million, with a partner share of 4.14 percent.
  5. Ecuador imports from Panama worth US$ 955 million, with a partner share of 3.47 percent.

Ecuador Top 5 Productsexports imports at HS 6 digit level 2014

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$ 13,016,019.77 million.
  2. Ecuador exported Bananas, including plantains, fresh or dried , worth US$ 2,590,205.34 million.
  3. Ecuador exported Frozen shrimps and prawns , worth US$ 2,509,474.08 million.
  4. Ecuador exported Prepared or preserved tuna, skipjack and bonito , worth US$ 1,005,390.72 million.
  5. Ecuador exported Fresh cut flowers and buds , worth US$ 902,503.35 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$ 3,362,591.35 million.
  2. Ecuador imported Aromatic hydrocarbon mixtures which >=65% disti , worth US$ 2,428,185.33 million.
  3. Ecuador imported Other medicaments of mixed or unmixed products, , worth US$ 612,965.76 million.
  4. Ecuador imported Propane, liquefied , worth US$ 507,542.77 million.
  5. Ecuador imported Automobiles with reciprocating piston engine di , worth US$ 464,689.47 million.

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Ecuador in 2014 are below

  • The maximum rate of tariff in percentage on any product was 67.50 percent.
  • The simple average tariff across all products was 6.95 percent.
  • The trade weighted average tariff was 5.09 .
  • The total duty free imports in thousands of US dollars were 15,248,009.93 and duty free tariff line items share was 61 percent.

Development Indicators 2014

Key Development Indicators of Ecuador in 2014 are below

  • Ecuador GDP in current US dollar was 101,726 million.
  • GNI per capita, Atlas method (current US$) was 6,100.00 .
  • Ecuador Trade balance: as % of GDP was -1.60.
  • Trade balance in current US$ was -1,632.00 million.
  • Trade as percentage of GDP was 57.71 .
  • Trade in services as percentage of GDP was 5.78 .

Trade Indicators 2014

Trade Indicators for Ecuador in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.18.
  • Index of export market penetration was 3.29.
  • World Growth in percentage was 0.23 and Ecuador Country Growth was 0.22 .