Trade Profiles
2021 Trade in commercial services
Transport
Travel Other commercial services
Industrial property
Merchandise trade Agricultural products Nonagricultural products
Ecuador
Ecuador
GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2018-2020) Trade (% GDP, 2018-2020)
96 665 6 029 0.5 1 401 23.2
Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade
Exports
68 48 101 75
Imports
75 52 96 70
MERCHANDISE TRADE Value
Million US$ Merchandise exports, f.o.b. Merchandise imports, c.i.f.
Annual percentage change
2020 20 227 17 959 2020 0.11
Share in world total exports (%)
2010-2020 1 -1
2019 3 -3
2020 -9 -20 2020 0.10
Share in world total imports (%)
Breakdown in economy's total exports
Breakdown in economy's total imports
By main commodity group, % (2019)
By main commodity group, % (2019)
Agricultural products: 53
Fuels and mining products: 40.6
Agricultural products: 11.4
Fuels and mining products: 20.4
Manufactures: 5.5
Other: 0.9
Manufactures: 57.7
Other: 10.5
By main destination, % (2019)
By main origin, % (2019)
United States of America: 30.2 China: 13 Chile: 6.7
European Union: 13.2 Panama: 8.6 Other: 28.5
United States of America: 21.7 European Union: 11.8 Panama: 5.1
China: 18.9 Colombia: 7.9 Other: 34.6
Agricultural Products Value
Top exported products (Million US$) HS0803 HS0603 HS1801 HS0710 HS1511
2019 . 3 311 880 657 147 127
Bananas, including plantains Cut flowers and flower buds Cocoa beans, whole or broken Vegetables frozen Palm oil and its fractions
Value
Top imported products (Million US$) HS2304 HS1001 HS2309 HS2106 HS1507
2019
Solid residues from soya-bean oil Wheat and meslin Preparations of a kind used in animal feeding Other food preparations Soya-bean oil and its fractions
442 315 290 179 89
Share in economy's trade in agricultural products Exports 0%
20%
40%
Imports 60%
0%
HS0803
HS2304
HS0603
HS1001
HS1801
HS2309
HS0710
HS2106
HS1511
HS1507
10%
20%
Million US$ Exports Imports
Value
2019 6 125 2 356
Annual percentage change
2010-2019 5 4
2018 5 13
2019 2 1
Non-Agricultural Products Value
Top exported products (Million US$) HS2709 HS0306 HS1604 HS2710 HS7108
2019
Petroleum oils, crude Crustaceans whether in shell or not Prepared or preserved fish Petroleum oils, other than crude Gold
7 731 3 894 1 187 946 194
Value
Top imported products (Million US$) HS2710 HS2707 HS3004 HS8703 HS2711
2019
Petroleum oils, other than crude Coal tars Medicaments in measured doses Motor cars for transport of persons Petroleum gases
2 317 1 634 716 652 386
Share in economy's trade in non-agricultural products Exports 0%
112
20%
40%
Imports 60%
0%
HS2709
HS2710
HS0306
HS2707
HS1604
HS3004
HS2710
HS8703
HS7108
HS2711
5%
10%
15%
Million US$ Exports Imports
Value
2019 16 202 17 832
Annual percentage change
2010-2019 2 -1
2018 17 16
2019 4 -13
World Trade Organization – Trade Profiles 2021
Ecuador TRADE IN COMMERCIAL SERVICES Value
Million US$ Commercial services exports Commercial services imports
Annual percentage change
2020
2010-2020
1 649 2 685 2020 0.03
Share in world total exports (%) Breakdown in economy's total exports
2019
2020
3 6
-49 -34
2 -1
2020 0.06
Share in world total imports (%) Breakdown in economy's total imports
By main services item, % (2020)
By main services item, % (2020)
Transport: 38.6 Other commercial services: 18.8
Travel: 42.6 Goods-related services: 0
Transport: 41.6 Other commercial services: 43.2
By main destination
Travel: 15.2 Goods-related services: 0
By main origin
Value
FATS sales Inward (million US$) Outward (million US$)
Annual percentage change
2020 na na
2010-2020 na na
2019 na na
2020 na na
Transport Ecuador
200
World
100 0
2010
2013
2016
Value
Million US$ Exports Imports
2020
Transport exports (Index 2010=100)
2020 637 1 118
Exports By sea (2020) By air (2020) By other (2020)
Value 571 64 0
2010-2020 6 -4
Share (%)
Annual percentage change 2019 6 5
Imports By sea (2020) By air (2020) By other (2020)
89.6 10.1 0.0
2020 3 -31
Value
Share (%)
766 305 46
68.5 27.3 4.1
Travel Ecuador
400
World
Value
Million US$ Exports Imports
300 200 100 0
2010
2013
2016
2020 702 408
2010-2020 -1 -3
Annual percentage change 2019 0 7
2020 -69 -66
2020
Travel exports (Index 2010=100)
Other Commercial Services and Goods-related Services Million US$
Exports of OCS by main item (2020) 3.4
24.5 25.2
2020
2010-2020
Other commercial services Exports 310 Imports 1 159
Other business services Financial services 46.9
Value
ICTs Other
2019
2020
20 5
1 -5
2010-2020
2019
2020
-100 -100
na na
na na
3 6
2020
Goods-related services Exports Imports
Annual percentage change
0 0
INDUSTRIAL PROPERTY Patent applications, 2019 Residents
29
Non-residents
408
Trademark applications, 2019 Total
437
World Trade Organization – Trade Profiles 2021
Residents
12 270
Non-residents
7 080
Industrial design applications, 2019 Total
19 350
Residents
79
Non-residents
75
Total
154
113