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Ecuador Trade Summary

2016

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 2016

Overall Exports and Imports for Ecuador 2016

Exports and imports of Ecuador in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 16,798 million.
  • The total value of imports (CIF) was 16,189 million.
  • At the HS6 digit level, 2,412 products were exported to 162 countries and 3,970 products were imported from 183 countries.

Ecuador top 5 Export and Import partners 2016

Top five countries to which Ecuador exported in 2016 are below, along with the percent of total exports that went to that country:

  1. Ecuador exports to United States worth US$ 5,436 million, with a partner share of 32.36 percent.
  2. Ecuador exports to Chile worth US$ 1,151 million, with a partner share of 6.85 percent.
  3. Ecuador exports to Vietnam worth US$ 1,116 million, with a partner share of 6.64 percent.
  4. Ecuador exports to Peru worth US$ 934 million, with a partner share of 5.56 percent.
  5. Ecuador exports to Colombia worth US$ 810 million, with a partner share of 4.82 percent.

Top five countries from which Ecuador imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. Ecuador imports from United States worth US$ 3,754 million, with a partner share of 23.19 percent.
  2. Ecuador imports from China worth US$ 3,090 million, with a partner share of 19.09 percent.
  3. Ecuador imports from Colombia worth US$ 1,308 million, with a partner share of 8.08 percent.
  4. Ecuador imports from Brazil worth US$ 683 million, with a partner share of 4.22 percent.
  5. Ecuador imports from Peru worth US$ 623 million, with a partner share of 3.85 percent.

Ecuador Top 5 Productsexports imports at HS 6 digit level 2016

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 5,053,937.42 (US$ Thousands).
  2. Ecuador exported Bananas, including plantains, fresh or dried , worth 2,742,005.20 (US$ Thousands).
  3. Ecuador exported Frozen shrimps and prawns , worth 2,580,153.29 (US$ Thousands).
  4. Ecuador exported Fresh cut flowers and buds , worth 787,542.06 (US$ Thousands).
  5. Ecuador exported Prepared or preserved tuna, skipjack and bonito , worth 741,362.55 (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 1,336,400.76 (US$ Thousands).
  2. Ecuador imported Aromatic hydrocarbon mixtures which >=65% disti , worth 971,650.30 (US$ Thousands).
  3. Ecuador imported Other medicaments of mixed or unmixed products, , worth 509,220.51 (US$ Thousands).
  4. Ecuador imported Oil-cake and other solid residues, of soya-bean , worth 362,530.98 (US$ Thousands).
  5. Ecuador imported Automobiles with reciprocating piston engine di , worth 293,404.66 (US$ Thousands).

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by Ecuador in 2016 are below

  • The maximum rate of tariff in percentage on any product was 1,101.15 percent.
  • The simple average tariff across all products was 10.97 percent.
  • The trade weighted average tariff was 6.81 .
  • The total duty free imports in thousands of US dollars were 7,108,531.62 and duty free tariff line items share was 43.74 percent.

Development Indicators 2016

Key Development Indicators of Ecuador in 2016 are below

  • Ecuador GDP in current US dollar was 99,938 million.
  • GNI per capita, Atlas method (current US$) was 5,820.00 .
  • Ecuador Trade balance: as % of GDP was 0.49.
  • Trade balance in current US$ was 488.00 million.
  • Trade as percentage of GDP was 38.52 .
  • Trade in services as percentage of GDP was 6.33 .

Trade Indicators 2016

Trade Indicators for Ecuador in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.14.
  • Index of export market penetration was 3.45.
  • World Growth in percentage was -1.35 and Ecuador Country Growth was -5.98 .