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Ecuador Trade

Latest trade data available from various sources.
Ecuador monthly trade data

Please note: The data from various sources are not from the same year.

Year
For viewing trade, tariff data for country or region by year 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.

TRADE SUMMARY FOR Ecuador

Overall Exports and Imports for Ecuador 2018

  • The total value of exports (FOB) is US$ 21,606 million.
  • The total value of imports (CIF) is US$ 23,020 million.
  • At the HS6 digit level, 2,247 products are exported to 165 countries and 3,988 products are imported from 194 countries.

Top 5 Products exports 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:

  • Ecuador exported Petroleum oils and oils obtained from bituminou , worth US$ 7,853,414.40 million.
  • Ecuador exported Frozen shrimps and prawns , worth US$ 3,234,715.90 million.
  • Ecuador exported Bananas, including plantains, fresh or dried , worth US$ 3,218,214.94 million.
  • Ecuador exported Prepared or preserved tuna, skipjack and bonito , worth US$ 1,109,984.37 million.
  • Ecuador exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 946,463.94 million.

The top five imported HS 6 digit level products from world by Ecuador along with trade value are

  • Ecuador imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 2,358,354.66 million.
  • Ecuador imported Aromatic hydrocarbon mixtures which >=65% disti , worth US$ 1,558,456.93 million.
  • Ecuador imported Other medicaments of mixed or unmixed products, , worth US$ 515,294.61 million.
  • Ecuador imported Automobiles with reciprocating piston engine di , worth US$ 508,454.86 million.
  • Ecuador imported Oil-cake and other solid residues, of soya-bean , worth US$ 464,745.52 million.

Ecuador top 5 Export and Import partners 2018

The top five countries to which Ecuador exported 2018 along with the partner share in percentage are:

  1. Ecuador exports to United States worth US$ 6,672 million, with a partner share of 30.88 percent.
  2. Ecuador exports to Peru worth US$ 1,615 million, with a partner share of 7.48 percent.
  3. Ecuador exports to China worth US$ 1,494 million, with a partner share of 6.92 percent.
  4. Ecuador exports to Chile worth US$ 1,467 million, with a partner share of 6.79 percent.
  5. Ecuador exports to Panama worth US$ 1,244 million, with a partner share of 5.76 percent.

The top five countries to which Ecuador imported goods 2018 along with the share in percentage are

  1. Ecuador imports from United States worth US$ 5,011 million, with a partner share of 21.77 percent.
  2. Ecuador imports from China worth US$ 4,353 million, with a partner share of 18.91 percent.
  3. Ecuador imports from Colombia worth US$ 1,809 million, with a partner share of 7.86 percent.
  4. Ecuador imports from Panama worth US$ 1,126 million, with a partner share of 4.89 percent.
  5. Ecuador imports from Brazil worth US$ 981 million, with a partner share of 4.26 percent.

Ecuador 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.


Tariff and Trade Barriers

Tariffs 2018

Tariffs imposed by Ecuador in 2018 are below.

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

Overall Trade Restrictiveness Index (OTRI) 2009

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  • Overall Trade Restrictiveness Index - Applied Tariff for the year 2009 is 0.03.
  • Overall Trade Restrictiveness Index - MFN Tariff for the year 2009 is 0.05.

Non-Tariff Measures (NTM)

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  • No Of NTM Measures is 62.
  • No Of NTM Affected Products (HS 6 Digit) is 2,985.

Temporary Trade Barriers Database (TTDB) 2013.

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  • Temporary Trade Barriers in Effect - Simple Average for the year 2013 is 0.02.
  • Temporary Trade Barriers in Effect - Weighted Average for the year 2013 is 0.04.

Ecuador World Development Indicators (WDI) 2018

Key Development Indicators of Ecuador in 2018 are below

WDI

Ecuador Doing Business 2019

  • The ease of doing business rank for Ecuador is 129.
  • The trade across border rank is 103.
Doing Business

Ecuador Country Policy and Institutional Assessment (CPIA),

  • The CPIA Trade Ratings for is not available.
CPIA

EcuadorLogistics Performance Index (LPI) 2016

  • The LPI score for Ecuador in 2016 is 2.78.
  • The LPI rank is 74.
LPI

Ecuador Services Service Policy Restrictive Database (SPRD)

  • Services Trade Restrictions Index (Over All) for Ecuador is 6.20.
SPRD