2022
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GDP
$115BCURRENT US$
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2012-2022
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GDP GROWTH
30.9%CURRENT US$
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2022
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 GDP
$633BCURRENT US$
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2012-2022
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GDP GROWTH
15.9%CURRENT US$
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2022
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GDP PC 
$6,391CURRENT US$
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2012-2022
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GDP PC GROWTH
12.6%CURRENT US$
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2022
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GDP PC
$13,686CURRENT US$
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2012-2022
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GDP PC GROWTH
4.61%CURRENT US$
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About

Ecuador-Argentina In 2022, Ecuador exported $314M to Argentina. The main products that Ecuador exported to Argentina are Bananas ($155M), Processed Fish ($99.6M), and Cocoa Paste ($8.32M). During the last 27 years the exports of Ecuador to Argentina have increased at an annualized rate of 4.61%, from $93.1M in 1995 to $314M in 2022.

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

Argentina-Ecuador In 2022, Argentina exported $815M to Ecuador. The main products that Argentina exported to Ecuador were Soybean Meal ($305M), Wheat ($133M), and Refined Petroleum ($104M). During the last 27 years the exports of Argentina to Ecuador have increased at an annualized rate of 8.49%, from $90.3M in 1995 to $815M in 2022.

In 2022, Argentina 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, Argentina ranked 56 in the Economic Complexity Index (ECI 0.11), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $314M to Argentina. The main products exported from Ecuador to Argentina were Bananas ($155M), Processed Fish ($99.6M), and Cocoa Paste ($8.32M). During the last 27 years the exports of Ecuador to Argentina have increased at an annualized rate of 4.61%, from $93.1M in 1995 to $314M in 2022.

In 2022, Argentina exported $815M to Ecuador. The main products exported from Argentina to Ecuador were Soybean Meal ($305M), Wheat ($133M), and Refined Petroleum ($104M). During the last 27 years the exports of Argentina to Ecuador have increased at an annualized rate of 8.49%, from $90.3M in 1995 to $815M in 2022.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Argentina
Top Destination
Brazil$12.6B

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

In 2021, countries that imported more from Ecuador than Argentina were Panama ($4.97B), United States ($9.86B), and Russia ($994M).

In 2021, countries that imported more from Argentina than Ecuador were Brazil ($12.6B), Chile ($5.11B), and India ($4.38B).

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

Comparative Advantage Ecuador - Argentina

Flow
Scale

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

During 2022, Ecuador had a large net trade with Argentina in the exports of Vegetable Products ($160M), Foodstuffs ($127M), and Animal and Vegetable Bi-Products ($11.5M).

During 2022, Argentina had a large net trade with Ecuador in the exports of Foodstuffs ($339M), Vegetable Products ($183M), and Mineral Products ($105M).

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 Argentina. Similarly, the more yellow a dot/product is, the more Argentina has comparative advantage over Ecuador.

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

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