Loading..

Ecuador Trade Summary

2018

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

Country and Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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 2018

Overall Exports and Imports for Ecuador 2018

Exports and imports of Ecuador in 2018 are below, along with number of countries and products

  • The total value of exports (FoB) was 21,652 million.
  • The total value of imports (CIF) was 23,177 million.
  • At the HS6 digit level, 2,255 products were exported to 165 countries and 3,988 products were imported from 194 countries.

Ecuador top 5 Export and Import partners 2018

Top five countries to which Ecuador exported in 2018 are below, along with the percent of total exports that went to that country:

  1. Ecuador exports to United States worth US$ 6,648 million, with a partner share of 30.70 percent.
  2. Ecuador exports to Peru worth US$ 1,632 million, with a partner share of 7.54 percent.
  3. Ecuador exports to China worth US$ 1,508 million, with a partner share of 6.96 percent.
  4. Ecuador exports to Chile worth US$ 1,453 million, with a partner share of 6.71 percent.
  5. Ecuador exports to Panama worth US$ 1,247 million, with a partner share of 5.76 percent.

Top five countries from which Ecuador imported goods in 2018 are below, along with percent of total imports that came from the country :

  1. Ecuador imports from United States worth US$ 5,008 million, with a partner share of 21.61 percent.
  2. Ecuador imports from China worth US$ 4,353 million, with a partner share of 18.78 percent.
  3. Ecuador imports from Colombia worth US$ 1,809 million, with a partner share of 7.81 percent.
  4. Ecuador imports from Panama worth US$ 1,123 million, with a partner share of 4.84 percent.
  5. Ecuador imports from Brazil worth US$ 981 million, with a partner share of 4.23 percent.

Ecuador Top 5 Productsexports imports at HS 6 digit level 2018

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 7,877,586.33 (US$ Thousands).
  2. Ecuador exported Bananas, including plantains, fresh or dried , worth 3,238,283.57 (US$ Thousands).
  3. Ecuador exported Frozen shrimps and prawns , worth 3,189,748.62 (US$ Thousands).
  4. Ecuador exported Prepared or preserved tuna, skipjack and bonito , worth 1,126,407.61 (US$ Thousands).
  5. Ecuador exported Petroleum oils, etc, (excl. crude); preparation , worth 946,560.57 (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 2,359,449.57 (US$ Thousands).
  2. Ecuador imported Aromatic hydrocarbon mixtures which >=65% disti , worth 1,545,757.45 (US$ Thousands).
  3. Ecuador imported Other medicaments of mixed or unmixed products, , worth 515,294.61 (US$ Thousands).
  4. Ecuador imported Automobiles with reciprocating piston engine di , worth 508,454.86 (US$ Thousands).
  5. Ecuador imported Oil-cake and other solid residues, of soya-bean , worth 464,745.52 (US$ Thousands).

Exports and Imports of Product Groups 2018

Exports and imports of products by stages of processing in 2018 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2018

Tariffs imposed by Ecuador in 2018 are below

  • The maximum rate of tariff in percentage on any product was 1,116.81 percent.
  • The simple average tariff across all products was 9.48 percent.
  • The trade weighted average tariff was 7.35 .
  • The total duty free imports in thousands of US dollars were 10,690,995.40 and duty free tariff line items share was 51.04 percent.

Development Indicators 2018

Key Development Indicators of Ecuador in 2018 are below

  • Ecuador GDP in current US dollar was 107,562 million.
  • GNI per capita, Atlas method (current US$) was 6,110.00 .
  • Ecuador Trade balance: as % of GDP was -1.15.
  • Trade balance in current US$ was -1,240.00 million.
  • Trade as percentage of GDP was 46.36 .
  • Trade in services as percentage of GDP was 6.68 .

Trade Indicators 2018

Trade Indicators for Ecuador in 2018 are below

  • Hirschman Herfindahl market concentration index was 0.12.
  • Index of export market penetration was 3.41.
  • World Growth in percentage was 4.91 and Ecuador Country Growth was 5.68 .