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2023
Flag → Flag
Exports $1.24BRnk 47 / 221
2023
Flag → Flag
Top Product $167MCars
2023
Flag → Flag
Exports $110MRnk 34 / 174
2023
Flag → Flag
Top Product $27.3MRaw Lead
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
Flag  
GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC $10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC$6,610CURRENT US$
Rnk 109 / 196
2013-2023
Flag
GDP PC GROWTH8.19%CURRENT US$
Rnk 141 / 195

About

Brazil-Ecuador Trade: In 2023, Brazil exported $1.24B to Ecuador. The main products that Brazil exported to Ecuador were Cars ($167M), Wheat ($71.9M), and Delivery Trucks ($43.9M). Over the past 5 years the exports of Brazil to Ecuador have increased at an annualized rate of 5.02%, from $971M in 2018 to $1.24B in 2023.

In 2023, Brazil did not export any services to Ecuador.

Ecuador-Brazil Trade: In 2023, Ecuador exported $110M to Brazil. The main products that Ecuador exported to Brazil were Raw Lead ($27.3M), Processed Fish ($10.3M), and Confectionery Sugar ($7.29M). Over the past 5 years the exports of Ecuador to Brazil have decreased at an annualized rate of 1.38%,  from $118M in 2018 to $110M in 2023.

In 2023, Ecuador did not export any services to Brazil.

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). That same year, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $92.9M and imported $8.49M from Ecuador, resulting in a positive trade balance of $84.4M. Between December 2023 and December 2024 the exports of Brazil have increased by $12.1M (14.9%) from $80.9M to $92.9M, while imports increased by $862k (11.3%) from $7.63M to $8.49M.

Trade In December 2024, the top exports of Brazil to Ecuador were Cars ($13.3M), Wheat ($7.35M), Ethylene Polymers ($4.71M), Uncoated Paper ($3.75M), and Quaternary Ammonium Salts and Hydroxides ($1.93M). In December 2024 the top imports of Brazil from Ecuador were Raw Lead ($2.34M), Processed Fish ($1.29M), Scrap Copper ($909k), Cocoa Paste ($852k), and Confectionery Sugar ($849k).

Origins In December 2024 the exports of Brazil were mainly from São Paulo ($32.6M), Rio Grande do Sul ($22.1M), Paraná ($19.6M), Minas Gerais ($6.39M), and Santa Catarina ($5.61M), while imports destinations were mainly Santa Catarina ($3.42M), Pernambuco ($1.88M), São Paulo ($963k), Ceará ($636k), and Minas Gerais ($634k).

Growth In December 2024, the increase in Brazil's year-by-year exports to Ecuador was explained primarily by an increase in product exports in Uncoated Paper ($3.35M or 851%), Ethylene Polymers ($1.78M or 60.9%), and Animal Food ($1.51M or 433%). In December 2024, the increase in Brazil's year-by-year imports  from Ecuador was explained primarily by an increase in product imports  in Raw Lead ($2.12M or 966%), Cocoa Paste ($692k or 432%), and Other Plastic Sheetings ($420k or 8.01k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$12.1M(14.9%)
IMPORT GROWTH (December 2023 - December 2024)$862k(11.3%)
MAIN EXPORTER (December 2024)São Paulo$32.6M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Ecuador and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ecuador and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $1.24B to Ecuador. The main products exported from Brazil to Ecuador were Cars ($167M), Wheat ($71.9M), and Delivery Trucks ($43.9M). During the last 5 years the exports of Brazil to Ecuador have increased at an annualized rate of 5.02%, from $971M in 2018 to $1.24B in 2023.

In 2018, Ecuador exported $110M to Brazil. The main products exported from Ecuador to Brazil were Raw Lead ($27.3M), Processed Fish ($10.3M), and Confectionery Sugar ($7.29M). During the last 5 years the exports of Ecuador to Brazil have decreased at an annualized rate of 1.38%, from $118M in 2023 to $110M in 2018.

Exports from Brazil (Flag) to Ecuador (Flag) (2023)

Exports from Ecuador (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Ecuador
Top DestinationUnited States$8.34B

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

In 2023, countries that imported more from Brazil than Ecuador included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Ecuador than Brazil included Panama ($4.38B), Kyrgyzstan ($25.9M), and Moldova ($30.9M).

Difference in imports from Ecuador (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Ecuador

Flow
Scale

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

During 2023, Brazil had a large net trade with Ecuador in the exports of Transportation ($253M), Machines ($184M), and Chemical Products ($136M).

During 2018, Ecuador had a large net trade with Brazil in the exports of Metals ($38.7M), Foodstuffs ($28.9M), and Plastics and Rubbers ($11.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Ecuador+$8.24MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Ecuador Brazil+$2.47MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Brazil and Ecuador. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over Brazil.

Product Space of Brazil (Flag) and Ecuador (Flag) (2023)

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