2022
Flag  
GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC 
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186

About

Ecuador-Aruba In 2022, Ecuador exported $44.3M to Aruba. The main products that Ecuador exported to Aruba are Refined Petroleum ($43.1M), Crustaceans ($532k), and Particle Board ($400k). During the last 26 years the exports of Ecuador to Aruba have increased at an annualized rate of 2.39%, from $23.9M in 1996 to $44.3M in 2022.

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

Aruba-Ecuador In 2022, Aruba exported $1.95k to Ecuador. The main products that Aruba exported to Ecuador were Other Rubber Products ($1.89k) and Hats ($59). During the last 26 years the exports of Aruba to Ecuador have decreased at an annualized rate of 25.4%, from $3.99M in 1996 to $1.95k in 2022.

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

Comparison In 2022,  Ecuador ranked 102 in the Economic Complexity Index (ECI -0.96),  and 68 in total exports ($36B). That same year, Aruba ranked 194 in total exports ($123M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $44.3M to Aruba. The main products exported from Ecuador to Aruba were Refined Petroleum ($43.1M), Crustaceans ($532k), and Particle Board ($400k). During the last 26 years the exports of Ecuador to Aruba have increased at an annualized rate of 2.39%, from $23.9M in 1996 to $44.3M in 2022.

In 2022, Aruba exported $1.95k to Ecuador. The main products exported from Aruba to Ecuador were Other Rubber Products ($1.89k) and Hats ($59). During the last 26 years the exports of Aruba to Ecuador have decreased at an annualized rate of 25.4%, from $3.99M in 1996 to $1.95k in 2022.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Aruba
Top Destination
Colombia$49M

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

In 2021, countries that imported more from Ecuador than Aruba were United States ($9.86B), China ($6.17B), and Panama ($4.97B).

In 2021, countries that imported more from Aruba than Ecuador were Guyana ($10.4M), Suriname ($2.92M), and Bonaire ($1.48M).

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

Comparative Advantage Ecuador - Aruba

Flow
Scale

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

During 2022, Ecuador had a large net trade with Aruba in the exports of Mineral Products ($43.1M), Animal Products ($532k), and Wood Products ($412k).

During 2022, Aruba had a large net trade with Ecuador in the exports of Plastics and Rubbers ($1.89k) and Footwear and Headwear ($59).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Ecuador has comparative advantage over Aruba. Similarly, the more yellow a dot/product is, the more Aruba has comparative advantage over Ecuador.

Product Space of Ecuador (Flag) and Aruba (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with