Flag Brazil / Ecuador Flag

2019
Flag → Flag
Exports
: $880M, Rnk 44 / 220

2019
Flag → Flag
Top Product
: $69.2M, Hot-Rolled Iron

2019
Flag → Flag
Exports
: $91.2M, Rnk 31 / 169

2019
Flag → Flag
Top Product
: $19.8M, Processed Fish

2019
Flag
Economic Complexity (ECI)
: ECI 0.51, Rnk 49 / 146

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

2019
Flag  
GDP
: $1.84T, CURRENT US$
Rnk 9 / 187

2009-2019
Flag
GDP GROWTH
: 10.4%, CURRENT US$
Rnk 162 / 187

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

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

2019
Flag
GDP PC 
: $8,717, CURRENT US$
Rnk 79 / 187

2009-2019
Flag
GDP PC GROWTH
: 1.39%, CURRENT US$
Rnk 156 / 187

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

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

Brazil-Ecuador In 2019, Brazil exported $880M to Ecuador. The main products that Brazil exported to Ecuador are Hot-Rolled Iron ($69.2M), Cars ($43.8M), and Coal Tar Oil ($39.9M). During the last 24 years the exports of Brazil to Ecuador have increased at an annualized rate of 5.75%, from $230M in 1995 to $880M in 2019.

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

Ecuador-Brazil In 2019, Ecuador exported $91.2M to Brazil . The main products that Ecuador exported to Brazil were Processed Fish ($19.8M), Raw Lead ($17.9M), and Confectionery Sugar ($6.72M). During the last 24 years the exports of Ecuador to Brazil have increased at an annualized rate of 1.71%, from $60.7M in 1995 to $91.2M in 2019.

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

Comparison In 2019,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.51), and 25 in total exports ($230B). 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, Brazil exported $880M to Ecuador. The main products exported from Brazil to Ecuador were Hot-Rolled Iron ($69.2M), Cars ($43.8M), and Coal Tar Oil ($39.9M). During the last 24 years the exports of Brazil to Ecuador have increased at an annualized rate of 5.75%, from $230M in 1995 to $880M in 2019.

In 2019, Ecuador exported $91.2M to Brazil. The main products exported from Ecuador to Brazil were Processed Fish ($19.8M), Raw Lead ($17.9M), and Confectionery Sugar ($6.72M). During the last 24 years the exports of Ecuador to Brazil have increased at an annualized rate of 1.71%, from $60.7M in 1995 to $91.2M in 2019.

Brazil Exports

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Ecuador Exports

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Market Competitiveness

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Measure

Brazil
Top Destination
: China, $63.5B

Ecuador
Top Destination
: United States, $6.76B

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 2019, countries that imported more from Brazil than Ecuador were China ($63.5B), United States ($30.5B), and Argentina ($9.85B).

In 2019, countries that imported more from Ecuador than Brazil were Panama ($1.92B), Nicaragua ($144M), and El Salvador ($120M).

Comparative Advantage Brazil - Ecuador

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Depth

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

During 2019, Brazil had a large net trade with Ecuador in the exports of Machines ($152M), Metals ($148M), and Transportation ($117M).

During 2019, Ecuador had a large net trade with Brazil in the exports of Foodstuffs ($32.2M), Metals ($22.8M), and Animal Products ($11.1M).

Tariff Section

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

In 2019, the products from Brazil that paid the highest import tariffs to enter Ecuador were Worn clothing and other worn articles (21%) and Road tractors for semi-trailers (truck tractors) (15.8%).

In 2019, the products from Ecuador that paid the highest import tariffs to enter Brazil were Undenatured ethyl alcohol > 80% by volume (116k%) and Milk not concentrated nor sweetened < 1% fat (54%).

*The tariffs present between Brazil and Ecuador are:
61: AAP.CE N° 59 - Complementación Económica entre Argentina, Brasil, Paraguay, Uruguay, Colombia, Ecuador y Venezuela
61: AAP.CE N° 59 - Complementación Económica entre Argentina, Brasil, Paraguay, Uruguay, Colombia, Ecuador y Venezuela
61: AAP.CE N° 59 - Complementación Económica entre Argentina, Brasil, Paraguay, Uruguay, Colombia, Ecuador y Venezuela
80: AR.AM N° 02 - Acuerdo Regional de Apertura de Mercados en favor de Ecuador
80: AR.AM N° 02 - Acuerdo Regional de Apertura de Mercados en favor de Ecuador
82: AR.CEYC N° 7 Acuerdo de Cooperación e Intercambio en las Áreas Cultural, Educacional y Científica (Argentina, Bolivia, Brasil, Chile, Colombia, Cuba, Ecuador, México, Panamá, Paraguay, Perú, Uruguay)
82: AR.CEYC N° 7 Acuerdo de Cooperación e Intercambio en las Áreas Cultural, Educacional y Científica (Argentina, Bolivia, Brasil, Chile, Colombia, Cuba, Ecuador, México, Panamá, Paraguay, Perú, Uruguay)
83: AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela)
83: AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela)
83: AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela)
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
336: Preferential tariff under (GSTP) Global System of Trade Preferences among Developing Countries

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 Brazil has comparative advantage over Ecuador. Similarly, the more red a dot/product is, the more Ecuador has comparative advantage over Brazil.