Ecuador Trade

Latest trade data available from various sources.

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

Country / Region
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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.



Overall Exports and Imports

Exports (in US$ Mil) 20,355
No. Of products 2,131
No. Of partners 157
Imports (in US$ Mil) 17,918
No. Of products 3,967
No. Of partners 182

Trade Indicator

HH Market concentration index0.13
Index of export market penetration3.25
World Growth-3.91
Country Growth-5.16

Service Indicators 2020

Service imports (BoP, current US$)2,759,839,749.95
Service exports (BoP, current US$)1,766,822,867.81
Imports of goods and services (% of GDP)20.75
Exports of goods and services (% of GDP)22.53

Ecuador top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States4,786 23.51
China3,322 16.32
Panama2,431 11.94
Russian Federation920 4.52
Chile809 3.97
Exporter Trade (US$ Mil) Partner share(%)
China3,946 22.02
United States3,928 21.92
Colombia1,490 8.31
Brazil663 3.70
Peru600 3.35

Ecuador Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials14,614 71.79 933 5.21 2.00
Intermediate goods1,781 8.75 5,485 30.61 2.17
Consumer goods3,782 18.58 6,727 37.54 11.33
Capital goods175 0.86 4,451 24.84 5.91

Top 5 Products exports imports at HS 6 digit level

Petroleum oils and o ...4,684,794.16
Frozen shrimps and p ...3,823,534.04
Bananas, including p ...3,682,435.56
Prepared or preserve ...1,033,422.01
Cocoa beans, whole o ...816,392.25
Petroleum oils, etc, ...1,461,110.86
Aromatic hydrocarbon ...909,742.30
Other medicaments of ...541,113.82
Transmission apparat ...511,412.12
Oil-cake and other s ...476,508.59

Tariff and Trade Barriers for Ecuador

Tariffs 2020

No. Of Tariff Agreement 46
Simple Average (%) 8.88
Duty Free Imports (US$ Thousand) 9,945,153.53
Maximum Rate (%) 1,319.28
Weighted Average (%) 6.21
Duty Free Tariff Lines Share (%) 53.18

Overall Trade Restrictiveness Index (OTRI) 2009

Overall Trade Restrictiveness Index - MFN Tariff (2009)0.05
Overall Trade Restrictiveness Index - Applied Tariff (2009)0.03

Services Service Policy Restrictive Database (SPRD)

Services Trade Restrictions Index - Over All6.20

Non-Tariff Measures (NTM) 2014

No Of NTM Measures (2014)62
No Of NTM Affected Products (HS 6 Digit) (2014)2,985

Temporary Trade Barriers Database (TTDB) 2013

Temporary Trade Barriers in Effect - Simple Average (2013)0.02
Temporary Trade Barriers in Effect - Weighted Average (2013)0.04

World Development Indicators (WDI)

2020 WDI »
GDP (current US$ Mil)98,808
GNI per capita, Atlas method (current US$)5,530.00
Trade Balance (current US$ Mil)1,758.00
Trade Balance (% of GDP)1.78

Doing Business

2019 Doing Business »
Ease of Doing Business Rank129
Trading Across Borders Rank103

Country Policy and Institutional Assessment (CPIA)

CPIA Trade Ratings...

Logistics Performance Index (LPI)

2016 LPI »
LPI Score2.78
LPI Rank74