Ecuador Trade Summary

2021 Data

Ecuador exports, imports, tariff by year.

Country / 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

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 26,699
No. Of products: 2,486
No. Of partners: 155
Importsmore »
Imports (in US$ Mil): 25,687
No. Of products: 4,032
No. Of partners: 204

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...7,278,163.13
Frozen shrimps and p ...5,323,318.36
Bananas, including p ...3,500,320.98
Petroleum oils, etc, ...1,319,767.40
Prepared or preserve ...1,135,871.16
Imports (US$ Thousands)
Petroleum oils, etc, ...2,467,302.44
Aromatic hydrocarbon ...1,581,548.36
Oil-cake and other s ...730,464.54
Other medicaments of ...622,170.03
Transmission apparat ...558,562.61

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States6,403 23.98
China4,075 15.26
Panama3,970 14.87
Chile1,120 4.20
Russian Federation1,000 3.74
Exporter Trade (US$ Mil) Partner share(%)
China6,037 23.50
United States5,668 22.07
Colombia1,792 6.98
Brazil995 3.87
Korea, Rep.915 3.56

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials19,589 73.37 1,341 5.22 1.51
Intermediate goods1,964 7.35 8,851 34.46 0.93
Consumer goods4,966 18.60 9,629 37.49 9.64
Capital goods158 0.59 5,554 21.62 4.64

Trade Indicators

more »
HH Market concentration index: 0.13
Index of export market penetration: 3.51
World Growth: 12.50
Country Growth: 14.55

Tariffs

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No Of Tariff Agreement: 47
Maximum Rate (%): 1,361.31
Simple Average (%): 7.70
Weighted Average (%): 4.63
Duty Free Imports (US$ Thousand): 15,128,329.59
Duty Free Tariff Lines Share (%): 63.51

Development Indicators

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GDP (current US$): 106,166
GNI per capita, Atlas method (current US$): 5,960.00
Trade Balance (% of GDP): 0.99
Trade Balance (current US$ Mil): 1,052.00
Trade in services (% of GDP): 5.86
Trade (% of GDP): 51.39