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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 2019

  • The total value of exports (FOB) is US$ 22,329 million.
  • The total value of imports (CIF) is US$ 20,277 million.
  • At the HS6 digit level, 2,252 products are exported to 156 countries and 3,995 products are imported from 187 countries.

Top 5 Products exports 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:

  • Ecuador exported Petroleum oils and oils obtained from bituminou , worth US$ 7,731,162.69 million.
  • Ecuador exported Frozen shrimps and prawns , worth US$ 3,890,531.36 million.
  • Ecuador exported Bananas, including plantains, fresh or dried , worth US$ 3,310,588.28 million.
  • Ecuador exported Prepared or preserved tuna, skipjack and bonito , worth US$ 1,066,210.96 million.
  • Ecuador exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 946,086.07 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$ 2,317,430.51 million.
  • Ecuador imported Aromatic hydrocarbon mixtures which >=65% disti , worth US$ 1,633,061.27 million.
  • Ecuador imported Other medicaments of mixed or unmixed products, , worth US$ 515,558.24 million.
  • Ecuador imported Oil-cake and other solid residues, of soya-bean , worth US$ 442,331.62 million.
  • Ecuador imported Transmission apparatus, for radioteleph incorpo , worth US$ 322,299.33 million.

Ecuador top 5 Export and Import partners 2019

The top five countries to which Ecuador exported 2019 along with the partner share in percentage are:

  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.

The top five countries to which Ecuador imported goods 2019 along with the share in percentage are

  1. Ecuador imports from United States worth US$ 4,391 million, with a partner share of 21.65 percent.
  2. Ecuador imports from China worth US$ 3,838 million, with a partner share of 18.93 percent.
  3. Ecuador imports from Colombia worth US$ 1,597 million, with a partner share of 7.88 percent.
  4. Ecuador imports from Panama worth US$ 1,040 million, with a partner share of 5.13 percent.
  5. Ecuador imports from Brazil worth US$ 885 million, with a partner share of 4.36 percent.

Ecuador 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.


Tariff and Trade Barriers

Tariffs 2019

Tariffs imposed by Ecuador in 2019 are below.

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

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) 2019

Key Development Indicators of Ecuador in 2019 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