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Trade Profiles 2022
Ecuador
Ecuador MERCHANDISE TRADE
Agricultural Products
Non-Agricultural Products
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GDP (million current US$, 2021) 106 166 Rank in world trade, 2021 Exports Imports GDP per capita (US$, 2019-2021) 5 969 Merchandise 69 72 Current account balance (% GDP, 2021) 2.5 excluding intra-EU trade 49 50 Trade per capita (US$, 2019-2021) 1 442 Commercial services 106 82 Trade (% GDP, 2019-2021) 24.2 excluding intra-EU trade 80 57 Value Million US$ 2021 26 699 25 687 2021 2021 0.12 0.11 Breakdown in economy's total exports Breakdown in economy's total imports Value Value Top exported products (Million US$) 2021 Top imported products (Million US$) 2021 HS0803 Bananas, including plantains 3 500 HS2304 Solid residues from soya-bean oil 730 HS0603 Cut flowers and flower buds 927 HS1001 Wheat and meslin 499 HS1801 Cocoa beans, whole or broken 819 HS2309 Preparations of a kind used in animal feeding 332 HS0710 Vegetables frozen 168 HS2106 Other food preparations 243 HS2008 Plants' parts otherwise preserved 143 HS1507 Soya-bean oil and its fractions 147 Share in economy's trade in agricultural products Value Million US$ 2021 2010-2021 2020 2021 Exports 6 764 5 9 1 Imports 3 199 6 1 35 Value Value Top exported products (Million US$) 2021 Top imported products (Million US$) 2021 HS2709 Petroleum oils, crude 7 278 HS2710 Petroleum oils, other than crude 2 467 HS0306 Crustaceans whether in shell or not 5 327 HS2707 Coal tars 1 582 HS2710 Petroleum oils, other than crude 1 320 HS8703 Motor cars for transport of persons 882 HS1604 Prepared or preserved fish 1 263 HS3004 Medicaments in measured doses 851 HS2603 Copper ores and concentrates 920 HS2711 Petroleum gases 707 Share in economy's trade in non-agricultural products Value Million US$ 2021 2010-2021 2020 2021 Exports 19 913 4 -16 46 Imports 22 175 1 -24 46 By main commodity group, % (2020) By main destination, % (2021) By main origin, % (2021) Annual percentage change Annual percentage change
Merchandise exports, f.o.b. 4 -9 31 Merchandise imports, c.i.f. Annual percentage change 2010-2021 2020 2021 2 -21 43 Share in world total imports (%) By main commodity group, % (2020) Share in world total exports (%) 0% 20% 40% HS2709 HS0306 HS2710 HS1604 HS2603 Exports 0% 5% 10% 15% HS2710 HS2707 HS8703 HS3004 HS2711 Imports 0% 10% 20% 30% HS2304 HS1001 HS2309 HS2106 HS1507 Imports 0% 20% 40% 60% HS0803 HS0603 HS1801 HS0710 HS2008 Exports Agricultural products: 62.2 Fuels and mining products: 29.7 Manufactures: 6.1 Other: 2 Agricultural products: 14.1 Fuels and mining products: 16.7 Manufactures: 67.4 Other: 1.8 United States of America: 24 China: 15.3 Panama: 14.9 European Union: 14.1 Chile: 4.2 Other: 27.6 China: 23.5 United States of America: 22.1 European Union: 10.1 Colombia: 7 Brazil: 3.9 Other: 33.4
112 World Trade Organization – Trade Profiles 2022
TRADE IN COMMERCIAL SERVICES
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Value Million US$ 2021 2 003 4 471 2021 2021 0.03 0.08 Breakdown in economy's total exports Breakdown in economy's total imports Value FATS sales 2021 Inward (million US$) na Outward (million US$) na Value Million US$ 2021 Exports 626 Imports 2 029 Exports Value Imports Value Share (%) By sea (2021) 506 By sea (2021) 1 621 79.9 By air (2021) 119 By air (2021) 306 15.1 By other (2021) 0 By other (2021) 101 5.0 Value Million US$ 2021 Exports 1 058 Imports 1 237 Million US$ Value 2021 Other commercial services Exports 318 Imports 1 205 2021 Goods-related services Exports 0 Imports 0 Residents Total Residents Total Residents Total 33 374 407 12 369 6 323 18 692 53 63 116 Travel exports (Index 2010=100) na na 2020 Travel 2021 2010-2021 Transport exports (Index 2010=100) -6 2 -31 82 Annual percentage change Share (%) 80.7 19.0 0.0 na na -33 na na na 2010-2021 2020 2021 Annual percentage change By main services item, % (2021) By main origin -47 18 4 2010-2021 2020 65 Commercial services exports Commercial services imports 3 2021
By main services item, % (2021) By main destination Share in world total exports (%) Share in world total imports (%) Annual percentage change Transport Annual percentage change 2010-2021 2020 2021 5 8 3 7 -69 51 -66 203 INDUSTRIAL PROPERTY -100 na na 2 -3 6 Non-residents Non-residents Non-residents Other Commercial Services and Goods-related Services 2020 7 -3 Annual percentage change 2010-2021 2021 2010-2021 2020 2021 na -100 3 Exports of OCS by main item (2021) Patent applications, 2020 Trademark applications, 2020 Industrial design applications, 2020 0 100 200 300 400 2010 2014 2018 2021 Ecuador World 0 100 200 2010 2014 2018 2021 Ecuador World Transport: 31.3 Travel: 52.8 Other commercial services: 15.9 Goods-related services: 0 Transport: 45.4 Travel: 27.7 Other commercial services: 27 Goods-related services: 0 44.6 30.1 22.9 2.4 Other business services ICTs Financial services Other Ecuador 113 World Trade Organization – Trade Profiles 2022