Ecuador Trade at a Glance : Most Recent Values

Latest trade data available from various sources.

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

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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

2016

Overall Exports and Imports

Exports
Exports (in US$ Mil) 16,798
No. Of products 2,412
No. Of partners 162
Imports
Imports (in US$ Mil) 16,189
No. Of products 3,970
No. Of partners 183

Trade Indicator

HH Market concentration index0.15
Index of export market penetration2.87
World Growth-4.43
Country Growth-7.85

Service Indicators 2016

Service imports (BoP, current US$)3,200,073,122.50
Service exports (BoP, current US$)2,147,603,216.40
Imports of goods and services (% of GDP)19.65
Exports of goods and services (% of GDP)19.31

Ecuador top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States5,436 32.36
Chile1,151 6.85
Vietnam1,116 6.64
Peru934 5.56
Colombia810 4.82
Exporter Trade (US$ Mil) Partner share(%)
United States3,754 23.19
China3,090 19.09
Colombia1,308 8.08
Brazil683 4.22
Peru623 3.85

Ecuador Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials11,784 70.15 706 4.36 2.26
Intermediate goods1,580 9.40 5,292 32.69 2.47
Consumer goods3,190 18.99 5,918 36.55 10.57
Capital goods240 1.43 4,174 25.78 7.36

Top 5 Products exports imports at HS 6 digit level

Exports
Petroleum oils and o ...5,053,937.42
Bananas, including p ...2,742,005.20
Frozen shrimps and p ...2,580,153.29
Fresh cut flowers an ...787,542.06
Prepared or preserve ...741,362.55
Imports
Petroleum oils, etc, ...1,336,400.76
Aromatic hydrocarbon ...971,650.30
Other medicaments of ...509,220.51
Oil-cake and other s ...362,530.98
Automobiles with rec ...293,404.66

Tariff and Trade Barriers for Ecuador

Tariffs 2016

No. Of Tariff Agreement 45
Simple Average (%) 10.97
Duty Free Imports (US$ Thousand) 7,108,531.62
Maximum Rate (%) 1,101.15
Weighted Average (%) 6.81
Duty Free Tariff Lines Share (%) 43.74

Overall Trade Restrictiveness Index (OTRI) 2009

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

Services Service Policy Restrictive Database (SPRD)

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

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

World Development Indicators (WDI)

2016 WDI »
Population16,385,068
GDP (current US$ Mil)97,802
GNI per capita, Atlas method (current US$)5,820.00
Trade Balance (current US$ Mil)-334.00
Trade Balance (% of GDP)-0.34

Doing Business

2018 Doing Business »
Ease of Doing Business Rank118
Trading Across Borders Rank102

Country Policy and Institutional Assessment (CPIA)

CPIA »
CPIA Trade Ratings...

Logistics Performance Index (LPI)

2016 LPI »
LPI Score2.78
LPI Rank74