Flag Belarus / Ecuador Flag

2019
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Exports
: $17.9M, Rnk 67 / 167

2019
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Top Product
: $7.22M, Potassic Fertilizers

2019
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Exports
: $26.4M, Rnk 51 / 169

2019
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Top Product
: $13.7M, Bananas

2019
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Economic Complexity (ECI)
: ECI 0.89, Rnk 34 / 146

2019
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Economic Complexity (ECI)
: ECI -0.76, Rnk 110 / 146

2019
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GDP
: $63.1B, CURRENT US$
Rnk 76 / 187

2009-2019
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GDP GROWTH
: 24%, CURRENT US$
Rnk 143 / 187

2019
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 GDP
: $107B, CURRENT US$
Rnk 59 / 187

2009-2019
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GDP GROWTH
: 71.8%, CURRENT US$
Rnk 58 / 187

2019
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GDP PC 
: $6,663, CURRENT US$
Rnk 91 / 187

2009-2019
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GDP PC GROWTH
: 24.5%, CURRENT US$
Rnk 104 / 187

2019
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GDP PC
: $6,184, CURRENT US$
Rnk 95 / 187

2009-2019
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GDP PC GROWTH
: 46.1%, CURRENT US$
Rnk 62 / 187

Belarus-Ecuador In 2019, Belarus exported $17.9M to Ecuador. The main products that Belarus exported to Ecuador are Potassic Fertilizers ($7.22M), Iron Wire ($2.98M), and X-Ray Equipment ($2.85M). During the last 22 years the exports of Belarus to Ecuador have increased at an annualized rate of 29.1%, from $65.6k in 1997 to $17.9M in 2019.

In 2014, Belarus exported services to Ecuador worth $2.01M, with Insurance services ($2.01M) and Government services, n.i.e. ($400) being the largest in terms of value.

Ecuador-Belarus In 2019, Ecuador exported $26.4M to Belarus . The main products that Ecuador exported to Belarus were Bananas ($13.7M), Cut Flowers ($12M), and Jams ($286k). During the last 22 years the exports of Ecuador to Belarus have increased at an annualized rate of 43.9%, from $8.8k in 1997 to $26.4M in 2019.

In 2019, Ecuador did not export any services to Belarus.

Comparison In 2019,  Belarus ranked 34 in the Economic Complexity Index (ECI 0.89), and 65 in total exports ($31.8B). That same year, Ecuador ranked 110 in the Economic Complexity Index (ECI -0.76), and 70 in total exports ($22.9B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Belarus exported $17.9M to Ecuador. The main products exported from Belarus to Ecuador were Potassic Fertilizers ($7.22M), Iron Wire ($2.98M), and X-Ray Equipment ($2.85M). During the last 22 years the exports of Belarus to Ecuador have increased at an annualized rate of 29.1%, from $65.6k in 1997 to $17.9M in 2019.

In 2019, Ecuador exported $26.4M to Belarus. The main products exported from Ecuador to Belarus were Bananas ($13.7M), Cut Flowers ($12M), and Jams ($286k). During the last 23 years the exports of Ecuador to Belarus have increased at an annualized rate of 43.9%, from $8.8k in 1996 to $26.4M in 2019.

Belarus Exports

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Ecuador Exports

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Market Competitiveness

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Measure

Belarus
Top Destination
: Russia, $13.4B

Ecuador
Top Destination
: United States, $6.76B

This map shows whether countries import more from Belarus or Ecuador. Each country is colored based on the difference in imports they receive from Belarus and Ecuador or the difference in the growth in imports.

In 2019, countries that imported more from Belarus than Ecuador were Russia ($13.4B), Ukraine ($4.14B), and United Kingdom ($2.3B).

In 2019, countries that imported more from Ecuador than Belarus were United States ($6.76B), China ($2.85B), and Panama ($1.92B).

Comparative Advantage Belarus - Ecuador

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Depth

This chart compares trade between Belarus and Ecuador by product, considering products traded by both, Belarus and Ecuador.

During 2019, Belarus had a large net trade with Ecuador in the exports of Chemical Products ($8.86M), Metals ($5.59M), and Instruments ($2.88M).

During 2019, Ecuador had a large net trade with Belarus in the exports of Vegetable Products ($25.8M), Foodstuffs ($520k), and Chemical Products ($28.2k).

Tariff Section

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This section shows import tariffs for products traded between Belarus and Ecuador (using the HS6 product classification and the last year reported).

In 2019, the products from Belarus that paid the highest import tariffs to enter Ecuador were Ethyl alcohol and other spirits, denatured (2.4M%) and Undenatured ethyl alcohol > 80% by volume (1.34M%).

In 2019, the products from Ecuador that paid the highest import tariffs to enter Belarus were Vermouth and other flavoured grape wines - pack < 2l (189k%) and Undenatured ethyl alcohol > 80% by volume (116k%).

*The tariffs present between Belarus and Ecuador are:
94: Belarus Generalized System of Preference
94: Belarus Generalized System of Preference
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Bilateral Service Trade

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In 2014, Belarus exported services to Ecuador worth $2.01M, with Insurance services ($2.01M) and Government services, n.i.e. ($400) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Belarus has comparative advantage over Ecuador. Similarly, the more red a dot/product is, the more Ecuador has comparative advantage over Belarus.