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) 26,699
No. Of products 2,486
No. Of partners 155
Imports (in US$ Mil) 25,687
No. Of products 4,032
No. Of partners 204

Trade Indicator

HH Market concentration index0.13
Index of export market penetration3.50
World Growth12.59
Country Growth14.68

Service Indicators 2021

Service imports (BoP, current US$)4,152,710,916.07
Service exports (BoP, current US$)2,069,729,675.71
Imports of goods and services (% of GDP)25.20
Exports of goods and services (% of GDP)26.19

Ecuador top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States6,403 23.98
China4,075 15.26
Panama3,970 14.87
Chile1,120 4.20
Russian Federation1,000 3.74
Exporter Trade (US$ Mil) Partner share(%)
China6,037 23.50
United States5,668 22.07
Colombia1,792 6.98
Brazil995 3.87
Korea, Rep.915 3.56

Ecuador Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials19,589 73.37 1,341 5.22 1.51
Intermediate goods1,964 7.35 8,851 34.46 0.93
Consumer goods4,966 18.60 9,629 37.49 9.64
Capital goods158 0.59 5,554 21.62 4.64

Top 5 Products exports imports at HS 6 digit level

Petroleum oils and o ...7,278,163.13
Frozen shrimps and p ...5,323,318.36
Bananas, including p ...3,500,320.98
Petroleum oils, etc, ...1,319,767.40
Prepared or preserve ...1,135,871.16
Petroleum oils, etc, ...2,467,302.44
Aromatic hydrocarbon ...1,581,548.36
Oil-cake and other s ...730,464.54
Other medicaments of ...622,170.03
Transmission apparat ...558,562.61

Tariff and Trade Barriers for Ecuador

Tariffs 2021

No. Of Tariff Agreement 47
Simple Average (%) 7.70
Duty Free Imports (US$ Thousand) 15,128,329.59
Maximum Rate (%) 1,361.31
Weighted Average (%) 4.63
Duty Free Tariff Lines Share (%) 63.51

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)

2021 WDI »
GDP (current US$ Mil)106,166
GNI per capita, Atlas method (current US$)5,960.00
Trade Balance (current US$ Mil)1,052.00
Trade Balance (% of GDP)0.99

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