Overall Exports and Imports for Ecuador 2020
- The total value of exports (FOB) is US$ 20,355 million.
- The total value of imports (CIF) is US$ 17,918 million.
- At the HS6 digit level, 2,131 products are exported to 157 countries and 3,967 products are imported from 182 countries.
Top 5 Products exports imports at HS 6 digit level 2020
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$ 4,684,794.16 million.
- Ecuador exported Frozen shrimps and prawns , worth US$ 3,823,534.04 million.
- Ecuador exported Bananas, including plantains, fresh or dried , worth US$ 3,682,435.56 million.
- Ecuador exported Prepared or preserved tuna, skipjack and bonito , worth US$ 1,033,422.01 million.
- Ecuador exported Cocoa beans, whole or broken, raw or roasted , worth US$ 816,392.25 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$ 1,461,110.86 million.
- Ecuador imported Aromatic hydrocarbon mixtures which >=65% disti , worth US$ 909,742.30 million.
- Ecuador imported Other medicaments of mixed or unmixed products, , worth US$ 541,113.82 million.
- Ecuador imported Transmission apparatus, for radioteleph incorpo , worth US$ 511,412.12 million.
- Ecuador imported Oil-cake and other solid residues, of soya-bean , worth US$ 476,508.59 million.
Ecuador top 5 Export and Import partners 2020
The top five countries to which Ecuador exported 2020 along with the partner share in percentage are:
- Ecuador exports to United States worth US$ 4,786 million, with a partner share of 23.51 percent.
- Ecuador exports to China worth US$ 3,322 million, with a partner share of 16.32 percent.
- Ecuador exports to Panama worth US$ 2,431 million, with a partner share of 11.94 percent.
- Ecuador exports to Russian Federation worth US$ 920 million, with a partner share of 4.52 percent.
- Ecuador exports to Chile worth US$ 809 million, with a partner share of 3.97 percent.
The top five countries to which Ecuador imported goods 2020 along with the share in percentage are
- Ecuador imports from China worth US$ 3,946 million, with a partner share of 22.02 percent.
- Ecuador imports from United States worth US$ 3,928 million, with a partner share of 21.92 percent.
- Ecuador imports from Colombia worth US$ 1,490 million, with a partner share of 8.31 percent.
- Ecuador imports from Brazil worth US$ 663 million, with a partner share of 3.70 percent.
- Ecuador imports from Peru worth US$ 600 million, with a partner share of 3.35 percent.
Ecuador Exports and Imports of Product Groups 2020
Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import.
- Ecuador Raw materials exports are worth US$ 14,614 million, product share of 71.79%.
- Ecuador Raw materials imports are worth US$ 933 million, product share of 5.21%.
- Ecuador Intermediate goods exports are worth US$ 1,781 million, product share of 8.75%.
- Ecuador Intermediate goods imports are worth US$ 5,485 million, product share of 30.61%.
- Ecuador Consumer goods exports are worth US$ 3,782 million, product share of 18.58%.
- Ecuador Consumer goods imports are worth US$ 6,727 million, product share of 37.54%.
- Ecuador Capital goods exports are worth US$ 175 million, product share of 0.86%.
- Ecuador Capital goods imports are worth US$ 4,451 million, product share of 24.84%.
Ecuador Trade Indicators 2020
- Hirschman Herfindahl Market concentration index is 0.13.
- Index of export market penetration is 0.13.
- World Growth in percentage is 0.13 and Ecuador Country Growth is -5.16.
Ecuador Service Trade data from WDI 2020
- Ecuador, Service imports (BoP, current US$) is 2,759,839,749.95.
- Ecuador, Service exports (BoP, current US$) is 1,766,822,867.81.
- Ecuador, Imports of goods and services as percentage of GDP is 20.75 %.
- Ecuador, Exports of goods and services as percentage of GDP is 22.53 %.