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Ecuador – Trade Statistics

  • Ecuador is the 69th largest export economy in the world and the 107th most complex economy according to the Economic Complexity Index (ECI). In 2014, Ecuador exported $27.4B and imported $27.4B, resulting in a positive trade balance of $23.8M. In 2014 the GDP of Ecuador was $100B and its GDP per capita was $11.4k.
  • The top exports of Ecuador are Crude Petroleum ($13.6B), Bananas ($3.22B), Crustaceans ($2.55B), Processed Fish ($1.3B) and Gold ($954M), using the 1992 revision of the HS (Harmonized System) classification.
  • Its top imports are Refined Petroleum ($3.44B), Coal Tar Oil ($2.27B), Cars ($786M), Packaged Medicaments ($775M) and Petroleum Gas ($651M).
  • The top export destinations of Ecuador are the United States ($11.1B), Chile ($2.25B), Peru ($1.68B), Panama ($1.42B) and Colombia ($940M).
  • The top import origins are the United States ($7.56B), China ($4.59B), Colombia ($1.85B), Mexico ($1.13B) and South Korea ($931M).
  • Ecuador holds a place of 117th out of 189 popular countries(economically) in case of doing a business in country.’Getting Credit’ is one of the topics in which Ecuador has decreased it’s ranking from 90 to 97 and country has also decreased it’s ranking from 162 to 166 in case of ‘Starting a Business’.