Ecuador Trade Summary

2022 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): 35,380
No. Of products: 2,493
No. Of partners: 150
Importsmore »
Imports (in US$ Mil): 33,049
No. Of products: 4,035
No. Of partners: 197

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...10,834,637.18
Frozen shrimps and p ...7,998,315.76
Bananas, including p ...3,523,427.27
Petroleum oils, etc, ...1,709,765.20
Prepared or preserve ...1,337,435.99
Imports (US$ Thousands)
Petroleum oils, etc, ...4,597,462.37
Aromatic hydrocarbon ...2,511,608.28
Oil-cake and other s ...967,370.04
Other medicaments of ...649,213.95
Propane, liquefied586,471.36

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States9,804 27.71
China6,242 17.64
Panama4,990 14.10
Chile1,361 3.85
Colombia1,072 3.03
Exporter Trade (US$ Mil) Partner share(%)
United States8,569 25.93
China7,281 22.03
Colombia2,055 6.22
Brazil1,328 4.02
Korea, Rep.1,217 3.68

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials26,636 75.28 1,604 4.85 4.93
Intermediate goods2,507 7.09 11,209 33.92 2.29
Consumer goods5,996 16.95 13,153 39.80 14.65
Capital goods214 0.61 6,713 20.31 5.44

Trade Indicators

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HH Market concentration index: 0.15
Index of export market penetration: 3.53
World Growth: 5.18
Country Growth: 7.19

Tariffs

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No Of Tariff Agreement: 1
Maximum Rate (%): 1,190.88
Simple Average (%): 10.91
Weighted Average (%): 7
Duty Free Imports (US$ Thousand): 13,871,392.07
Duty Free Tariff Lines Share (%): 51.72

Development Indicators

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GDP (current US$): 115,049
GNI per capita, Atlas method (current US$): 6,310.00
Trade Balance (% of GDP): 0.65
Trade Balance (current US$ Mil): 752.00
Trade in services (% of GDP): 7.34
Trade (% of GDP): 57.69