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Ecuador Trade Summary

2015

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


Products

TRADE SUMMARY FOR ECUADOR 2015

Overall Exports and Imports for Ecuador 2015

Exports and imports of Ecuador in 2015 are below, along with number of countries and products

  • The total value of exports (FoB) was 18,331 million.
  • The total value of imports (CIF) was 21,387 million.
  • At the HS6 digit level, 2,361 products were exported to 158 countries and 4,011 products were imported from 192 countries.

Ecuador top 5 Export and Import partners 2015

Top five countries to which Ecuador exported in 2015 are below, along with the percent of total exports that went to that country:

  1. Ecuador exports to United States worth US$ 7,226 million, with a partner share of 39.42 percent.
  2. Ecuador exports to Chile worth US$ 1,138 million, with a partner share of 6.21 percent.
  3. Ecuador exports to Peru worth US$ 934 million, with a partner share of 5.10 percent.
  4. Ecuador exports to Vietnam worth US$ 785 million, with a partner share of 4.28 percent.
  5. Ecuador exports to Colombia worth US$ 784 million, with a partner share of 4.28 percent.

Top five countries from which Ecuador imported goods in 2015 are below, along with percent of total imports that came from the country :

  1. Ecuador imports from United States worth US$ 5,086 million, with a partner share of 23.78 percent.
  2. Ecuador imports from China worth US$ 4,074 million, with a partner share of 19.05 percent.
  3. Ecuador imports from Colombia worth US$ 1,608 million, with a partner share of 7.52 percent.
  4. Ecuador imports from Korea, Rep. worth US$ 833 million, with a partner share of 3.89 percent.
  5. Ecuador imports from Brazil worth US$ 730 million, with a partner share of 3.41 percent.

Ecuador Top 5 Productsexports imports at HS 6 digit level 2015

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 6,355,235.20 (US$ Thousands).
  2. Ecuador exported Bananas, including plantains, fresh or dried , worth 2,820,052.70 (US$ Thousands).
  3. Ecuador exported Frozen shrimps and prawns , worth 2,276,145.86 (US$ Thousands).
  4. Ecuador exported Fresh cut flowers and buds , worth 802,888.39 (US$ Thousands).
  5. Ecuador exported Prepared or preserved tuna, skipjack and bonito , worth 706,849.93 (US$ Thousands).

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 2,095,835.14 (US$ Thousands).
  2. Ecuador imported Aromatic hydrocarbon mixtures which >=65% disti , worth 1,603,415.34 (US$ Thousands).
  3. Ecuador imported Other medicaments of mixed or unmixed products, , worth 605,909.95 (US$ Thousands).
  4. Ecuador imported Oil-cake and other solid residues, of soya-bean , worth 381,282.62 (US$ Thousands).
  5. Ecuador imported Automobiles with reciprocating piston engine di , worth 328,124.75 (US$ Thousands).

Exports and Imports of Product Groups 2015

Exports and imports of products by stages of processing in 2015 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2015

Tariffs imposed by Ecuador in 2015 are below

  • The maximum rate of tariff in percentage on any product was 1,080.41 percent.
  • The simple average tariff across all products was 10.50 percent.
  • The trade weighted average tariff was 6.38 .
  • The total duty free imports in thousands of US dollars were 11,201,608.61 and duty free tariff line items share was 55.77 percent.

Development Indicators 2015

Key Development Indicators of Ecuador in 2015 are below

  • Ecuador GDP in current US dollar was 99,290 million.
  • GNI per capita, Atlas method (current US$) was 5,980.00 .
  • Ecuador Trade balance: as % of GDP was -2.73.
  • Trade balance in current US$ was -2,708.00 million.
  • Trade as percentage of GDP was 45.24 .
  • Trade in services as percentage of GDP was 5.64 .

Trade Indicators 2015

Trade Indicators for Ecuador in 2015 are below

  • Hirschman Herfindahl market concentration index was 0.16.
  • Index of export market penetration was 3.32.
  • World Growth in percentage was -6.31 and Ecuador Country Growth was -13.99 .