Flag Canada / Ecuador Flag

2019
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Exports
: $347M, Rnk 47 / 214

2019
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Top Product
: $188M, Wheat

2019
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Exports
: $95.2M, Rnk 29 / 169

2019
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Top Product
: $22.1M, Cut Flowers

2019
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Economic Complexity (ECI)
: ECI 1.01, Rnk 30 / 146

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

2019
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GDP
: $1.74T, CURRENT US$
Rnk 10 / 187

2009-2019
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GDP GROWTH
: 26.6%, CURRENT US$
Rnk 134 / 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 
: $46,195, CURRENT US$
Rnk 20 / 187

2009-2019
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GDP PC GROWTH
: 13.3%, CURRENT US$
Rnk 132 / 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

Canada-Ecuador In 2019, Canada exported $347M to Ecuador. The main products that Canada exported to Ecuador are Wheat ($188M), Refined Petroleum ($44.4M), and Dried Legumes ($11.8M). During the last 24 years the exports of Canada to Ecuador have increased at an annualized rate of 6.04%, from $85M in 1995 to $347M in 2019.

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

Ecuador-Canada In 2019, Ecuador exported $95.2M to Canada . The main products that Ecuador exported to Canada were Cut Flowers ($22.1M), Crustaceans ($14.1M), and Cocoa Beans ($11.1M). During the last 24 years the exports of Ecuador to Canada have increased at an annualized rate of 4.78%, from $31M in 1995 to $95.2M in 2019.

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

Comparison In 2019,  Canada ranked 30 in the Economic Complexity Index (ECI 1.01), and 11 in total exports ($431B). 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, Canada exported $347M to Ecuador. The main products exported from Canada to Ecuador were Wheat ($188M), Refined Petroleum ($44.4M), and Dried Legumes ($11.8M). During the last 24 years the exports of Canada to Ecuador have increased at an annualized rate of 6.04%, from $85M in 1995 to $347M in 2019.

In 2019, Ecuador exported $95.2M to Canada. The main products exported from Ecuador to Canada were Cut Flowers ($22.1M), Crustaceans ($14.1M), and Cocoa Beans ($11.1M). During the last 24 years the exports of Ecuador to Canada have increased at an annualized rate of 4.78%, from $31M in 1995 to $95.2M in 2019.

Canada Exports

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Ecuador Exports

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Market Competitiveness

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Measure

Canada
Top Destination
: United States, $314B

Ecuador
Top Destination
: United States, $6.76B

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

In 2019, countries that imported more from Canada than Ecuador were United States ($314B), China ($18.5B), and United Kingdom ($13.8B).

In 2019, countries that imported more from Ecuador than Canada were Panama ($1.92B), Chile ($1.5B), and Peru ($993M).

Comparative Advantage Canada - Ecuador

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Depth

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

During 2019, Canada had a large net trade with Ecuador in the exports of Vegetable Products ($204M), Mineral Products ($45.2M), and Machines ($37.4M).

During 2019, Ecuador had a large net trade with Canada in the exports of Vegetable Products ($49.9M), Foodstuffs ($20.2M), and Animal Products ($15.4M).

Tariff Section

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

In 2019, the products from Canada that paid the highest import tariffs to enter Ecuador were Fermented beverages nes (eg cider, perry, mead, etc) (38.4k%) and Ethyl alcohol and other spirits, denatured (16.2k%).

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

*The tariffs present between Canada and Ecuador are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

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