Flag China / Ecuador Flag

2019
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Exports
: $3.77B, Rnk 69 / 209

2019
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Top Product
: $172M, Refined Petroleum

2019
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Exports
: $2.85B, Rnk 2 / 169

2019
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Top Product
: $2.08B, Crustaceans

2019
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Economic Complexity (ECI)
: ECI 1.01, Rnk 29 / 146

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

2019
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GDP
: $14.3T, CURRENT US$
Rnk 2 / 187

2009-2019
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GDP GROWTH
: 181%, CURRENT US$
Rnk 6 / 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 
: $10,262, CURRENT US$
Rnk 71 / 187

2009-2019
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GDP PC GROWTH
: 168%, CURRENT US$
Rnk 2 / 187

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

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

China-Ecuador In 2019, China exported $3.77B to Ecuador. The main products that China exported to Ecuador are Refined Petroleum ($172M), Broadcasting Equipment ($165M), and Cars ($147M). During the last 24 years the exports of China to Ecuador have increased at an annualized rate of 21%, from $38.9M in 1995 to $3.77B in 2019.

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

Ecuador-China In 2019, Ecuador exported $2.85B to China . The main products that Ecuador exported to China were Crustaceans ($2.08B), Crude Petroleum ($265M), and Bananas ($221M). During the last 24 years the exports of Ecuador to China have increased at an annualized rate of 21.8%, from $24.9M in 1995 to $2.85B in 2019.

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

Comparison In 2019,  China ranked 29 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($2.57T). 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, China exported $3.77B to Ecuador. The main products exported from China to Ecuador were Refined Petroleum ($172M), Broadcasting Equipment ($165M), and Cars ($147M). During the last 24 years the exports of China to Ecuador have increased at an annualized rate of 21%, from $38.9M in 1995 to $3.77B in 2019.

In 2019, Ecuador exported $2.85B to China. The main products exported from Ecuador to China were Crustaceans ($2.08B), Crude Petroleum ($265M), and Bananas ($221M). During the last 24 years the exports of Ecuador to China have increased at an annualized rate of 21.8%, from $24.9M in 1995 to $2.85B in 2019.

Ecuador Exports

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Market Competitiveness

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Measure

China
Top Destination
: United States, $429B

Ecuador
Top Destination
: United States, $6.76B

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

In 2019, countries that imported more from China than Ecuador were United States ($429B), Hong Kong ($268B), and Japan ($152B).

In 2019, countries that imported more from Ecuador than China were Pitcairn Islands ($2.25M), Guam ($107k), and Bonaire ($4.55k).

Comparative Advantage China - Ecuador

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Depth

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

During 2019, China had a large net trade with Ecuador in the exports of Machines ($1.11B), Metals ($608M), and Transportation ($423M).

During 2019, Ecuador had a large net trade with China in the exports of Animal Products ($2.13B), Mineral Products ($347M), and Vegetable Products ($236M).

Tariff Section

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

In 2019, the products from China that paid the highest import tariffs to enter Ecuador were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

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

*The tariffs present between China and Ecuador are:
125: General duty rate
125: General duty rate
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 China has comparative advantage over Ecuador. Similarly, the more red a dot/product is, the more Ecuador has comparative advantage over China.