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Ecuador Trade Summary

2017

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 2017

Overall Exports and Imports for Ecuador 2017

Exports and imports of Ecuador in 2017 are below, along with number of countries and products

  • The total value of exports (FoB) was 19,092 million.
  • The total value of imports (CIF) was 19,844 million.
  • At the HS6 digit level, 2,298 products were exported to 161 countries and 3,981 products were imported from 192 countries.

Ecuador top 5 Export and Import partners 2017

Top five countries to which Ecuador exported in 2017 are below, along with the percent of total exports that went to that country:

  1. Ecuador exports to United States worth US$ 5,968 million, with a partner share of 31.26 percent.
  2. Ecuador exports to Vietnam worth US$ 1,462 million, with a partner share of 7.66 percent.
  3. Ecuador exports to Peru worth US$ 1,297 million, with a partner share of 6.79 percent.
  4. Ecuador exports to Chile worth US$ 1,235 million, with a partner share of 6.47 percent.
  5. Ecuador exports to Panama worth US$ 942 million, with a partner share of 4.93 percent.

Top five countries from which Ecuador imported goods in 2017 are below, along with percent of total imports that came from the country :

  1. Ecuador imports from United States worth US$ 3,960 million, with a partner share of 19.95 percent.
  2. Ecuador imports from China worth US$ 3,684 million, with a partner share of 18.56 percent.
  3. Ecuador imports from Colombia worth US$ 1,603 million, with a partner share of 8.08 percent.
  4. Ecuador imports from Panama worth US$ 893 million, with a partner share of 4.50 percent.
  5. Ecuador imports from Brazil worth US$ 876 million, with a partner share of 4.42 percent.

Ecuador Top 5 Productsexports imports at HS 6 digit level 2017

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 6,189,823.87 (US$ Thousands).
  2. Ecuador exported Frozen shrimps and prawns , worth 3,043,031.71 (US$ Thousands).
  3. Ecuador exported Bananas, including plantains, fresh or dried , worth 3,038,741.52 (US$ Thousands).
  4. Ecuador exported Prepared or preserved tuna, skipjack and bonito , worth 1,055,478.20 (US$ Thousands).
  5. Ecuador exported Fresh cut flowers and buds , worth 803,484.27 (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 1,669,374.55 (US$ Thousands).
  2. Ecuador imported Aromatic hydrocarbon mixtures which >=65% disti , worth 1,188,404.74 (US$ Thousands).
  3. Ecuador imported Other medicaments of mixed or unmixed products, , worth 518,028.07 (US$ Thousands).
  4. Ecuador imported Automobiles with reciprocating piston engine di , worth 460,229.31 (US$ Thousands).
  5. Ecuador imported Transmission apparatus, for radioteleph incorpo , worth 388,191.16 (US$ Thousands).

Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2017

Tariffs imposed by Ecuador in 2017 are below

  • The maximum rate of tariff in percentage on any product was 1,137.06 percent.
  • The simple average tariff across all products was 9.42 percent.
  • The trade weighted average tariff was 7.03 .
  • The total duty free imports in thousands of US dollars were 9,256,976.45 and duty free tariff line items share was 51.67 percent.

Development Indicators 2017

Key Development Indicators of Ecuador in 2017 are below

  • Ecuador GDP in current US dollar was 104,296 million.
  • GNI per capita, Atlas method (current US$) was 5,890.00 .
  • Ecuador Trade balance: as % of GDP was -0.76.
  • Trade balance in current US$ was -789.00 million.
  • Trade as percentage of GDP was 42.42 .
  • Trade in services as percentage of GDP was 6.43 .

Trade Indicators 2017

Trade Indicators for Ecuador in 2017 are below

  • Hirschman Herfindahl market concentration index was 0.13.
  • Index of export market penetration was 3.39.
  • World Growth in percentage was 5.17 and Ecuador Country Growth was 5.67 .