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Ecuador Trade Summary

2019

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 2019

Overall Exports and Imports for Ecuador 2019

Exports and imports of Ecuador in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 22,329 million.
  • The total value of imports (CIF) was 22,564 million.
  • At the HS6 digit level, 2,252 products were exported to 156 countries and 4,005 products were imported from 192 countries.

Ecuador top 5 Export and Import partners 2019

Top five countries to which Ecuador exported in 2019 are below, along with the percent of total exports that went to that country:

  1. Ecuador exports to United States worth US$ 6,733 million, with a partner share of 30.15 percent.
  2. Ecuador exports to China worth US$ 2,897 million, with a partner share of 12.97 percent.
  3. Ecuador exports to Panama worth US$ 1,919 million, with a partner share of 8.59 percent.
  4. Ecuador exports to Chile worth US$ 1,485 million, with a partner share of 6.65 percent.
  5. Ecuador exports to Peru worth US$ 952 million, with a partner share of 4.26 percent.

Top five countries from which Ecuador imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. Ecuador imports from United States worth US$ 4,637 million, with a partner share of 20.55 percent.
  2. Ecuador imports from China worth US$ 4,497 million, with a partner share of 19.93 percent.
  3. Ecuador imports from Colombia worth US$ 1,779 million, with a partner share of 7.88 percent.
  4. Ecuador imports from Panama worth US$ 1,051 million, with a partner share of 4.66 percent.
  5. Ecuador imports from Brazil worth US$ 960 million, with a partner share of 4.25 percent.

Ecuador Top 5 Productsexports imports at HS 6 digit level 2019

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 7,731,162.69 (US$ Thousands).
  2. Ecuador exported Frozen shrimps and prawns , worth 3,890,531.36 (US$ Thousands).
  3. Ecuador exported Bananas, including plantains, fresh or dried , worth 3,310,588.27 (US$ Thousands).
  4. Ecuador exported Prepared or preserved tuna, skipjack and bonito , worth 1,066,210.96 (US$ Thousands).
  5. Ecuador exported Petroleum oils, etc, (excl. crude); preparation , worth 946,086.06 (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 2,317,430.51 (US$ Thousands).
  2. Ecuador imported Aromatic hydrocarbon mixtures which >=65% disti , worth 1,633,061.27 (US$ Thousands).
  3. Ecuador imported Other medicaments of mixed or unmixed products, , worth 515,558.24 (US$ Thousands).
  4. Ecuador imported Transmission apparatus, for radioteleph incorpo , worth 478,966.99 (US$ Thousands).
  5. Ecuador imported Automobiles with reciprocating piston engine di , worth 460,235.20 (US$ Thousands).

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by Ecuador in 2019 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 9.80 percent.
  • The trade weighted average tariff was 8.11 .
  • The total duty free imports in thousands of US dollars were 10,679,430.74 and duty free tariff line items share was 51 percent.

Development Indicators 2019

Key Development Indicators of Ecuador in 2019 are below

  • Ecuador GDP in current US dollar was 108,108 million.
  • GNI per capita, Atlas method (current US$) was 6,100.00 .
  • Ecuador Trade balance: as % of GDP was 0.02.
  • Trade balance in current US$ was 22.00 million.
  • Trade as percentage of GDP was 46.08 .
  • Trade in services as percentage of GDP was 6.84 .

Trade Indicators 2019

Trade Indicators for Ecuador in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.12.
  • Index of export market penetration was 3.46.
  • World Growth in percentage was -1.34 and Ecuador Country Growth was 3.76 .