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Pricing

2022
Flag → Flag
Exports $1.18BRnk 47 / 223
2022
Flag → Flag
Top Product $184MCars
2022
Flag → Flag
Exports $129MRnk 29 / 170
2022
Flag → Flag
Top Product $18.4MRaw Lead
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag  
GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Brazil-Ecuador Trade: In 2022, Brazil exported $1.18B to Ecuador. The main products that Brazil exported to Ecuador were Cars ($184M), Wheat ($59.7M), and Hot-Rolled Iron ($48.2M). Over the past 5 years the exports of Brazil to Ecuador have increased at an annualized rate of 6.74%, from $854M in 2017 to $1.18B in 2022.

In 2022, Brazil did not export any services to Ecuador.

Ecuador-Brazil Trade: In 2022, Ecuador exported $129M to Brazil. The main products that Ecuador exported to Brazil were Raw Lead ($18.4M), Processed Fish ($15.6M), and Scrap Copper ($13.4M). Over the past 5 years the exports of Ecuador to Brazil have decreased at an annualized rate of 3.09%,  from $151M in 2017 to $129M in 2022.

In 2022, Ecuador did not export any services to Brazil.

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Latest Trends

October, 2024

About

Overview In October 2024, Brazil exported $95M and imported $9.1M from Ecuador, resulting in a positive trade balance of $85.9M. Between October 2023 and October 2024 the exports of Brazil have decreased by $-2.13M (-2.19%) from $97.1M to $95M, while imports increased by $265k (3%) from $8.83M to $9.1M.

Trade In October 2024, the top exports of Brazil to Ecuador were Corn ($27.6M), Cars ($13.7M), Wheat ($11.1M), Semi-Finished Iron ($10.8M), and Delivery Trucks ($3.06M). In October 2024 the top imports of Brazil from Ecuador were Processed Fish ($1.29M), Heavy Mixed Woven Cotton ($943k), Confectionery Sugar ($747k), Scrap Aluminium ($583k), and Scrap Copper ($568k).

Origins In October 2024 the exports of Brazil were mainly from São Paulo ($43.9M), Paraná ($11.2M), Rio Grande do Sul ($10.5M), Rio de Janeiro ($6.86M), and Minas Gerais ($5.35M), while imports destinations were mainly Santa Catarina ($4.78M), São Paulo ($2.15M), Minas Gerais ($827k), Paraná ($468k), and Ceará ($329k).

Growth In October 2024, the decrease in Brazil's year-by-year exports to Ecuador was explained primarily by an decrease in product exports in Electrical Control Boards ($-2.16M or -99.9%), Cold-Rolled Iron ($-1.86M or -100%), and Propylene Polymers ($-1.67M or -70.4%). In October 2024, the increase in Brazil's year-by-year imports  from Ecuador was explained primarily by an increase in product imports  in Processed Fish ($507k or 64.3%), Metal Stoppers ($326k or 440%), and Heavy Pure Woven Cotton ($242k or 279%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)$-2.13M(-2.19%)
IMPORT GROWTH (October 2023 - October 2024)$265k(3%)
MAIN EXPORTER (October 2024)São Paulo$43.9M

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 2022, Brazil exported $1.18B to Ecuador. The main products exported from Brazil to Ecuador were Cars ($184M), Wheat ($59.7M), and Hot-Rolled Iron ($48.2M). During the last 5 years the exports of Brazil to Ecuador have increased at an annualized rate of 6.74%, from $854M in 2017 to $1.18B in 2022.

In 2017, Ecuador exported $129M to Brazil. The main products exported from Ecuador to Brazil were Raw Lead ($18.4M), Processed Fish ($15.6M), and Scrap Copper ($13.4M). During the last 5 years the exports of Ecuador to Brazil have decreased at an annualized rate of 3.09%, from $151M in 2022 to $129M in 2017.

Exports from Brazil (Flag) to Ecuador (Flag) (2022)

Exports from Ecuador (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Ecuador
Top DestinationUnited States$9.86B

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 2022, countries that imported more from Brazil than Ecuador included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Ecuador than Brazil included Panama ($4.97B), Curaçao ($64.1M), and Belarus ($11M).

Difference in imports from Ecuador (Flag) and Brazil (Flag) (2022)

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 2022, Brazil had a large net trade with Ecuador in the exports of Transportation ($243M), Machines ($187M), and Metals ($130M).

During 2017, Ecuador had a large net trade with Brazil in the exports of Metals ($43.4M), Foodstuffs ($29.6M), and Paper Goods ($12.5M).

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) (2022)

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