2022
Flag  
GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
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GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP
$3.07BCURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP GROWTH
31.7%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC 
$6,391CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186
2022
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GDP PC
$238CURRENT US$
Rnk 186 / 186
2012-2022
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GDP PC GROWTH
0.099%CURRENT US$
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About

Ecuador-Burundi Trade: In 2022, Ecuador exported $1.13k to Burundi. The main products that Ecuador exported to Burundi were Confectionery Sugar ($656), Baked Goods ($427), and House Linens ($44). Over the past 6 years the exports of Ecuador to Burundi have decreased at an annualized rate of 47.6%, from $54.2k in 2016 to $1.13k in 2022.

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

Burundi-Ecuador Trade: In 2022, Burundi exported $164 to Ecuador. The main products that Burundi exported to Ecuador were Other Rubber Products ($135), Shaped Paper ($26), and Trunks and Cases ($3). Over the past 6 years the exports of Burundi to Ecuador have increased at an annualized rate of 13.4%,  from $25 in 2016 to $164 in 2022.

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

Comparison In 2022,  Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96),  and 68 in total exports ($36B). That same year, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $1.13k to Burundi. The main products exported from Ecuador to Burundi were Confectionery Sugar ($656), Baked Goods ($427), and House Linens ($44). During the last 6 years the exports of Ecuador to Burundi have decreased at an annualized rate of 47.6%, from $54.2k in 2016 to $1.13k in 2022.

In 2017, Burundi exported $164 to Ecuador. The main products exported from Burundi to Ecuador were Other Rubber Products ($135), Shaped Paper ($26), and Trunks and Cases ($3). During the last 5 years the exports of Burundi to Ecuador have increased at an annualized rate of 13.4%, from $25 in 2022 to $164 in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Burundi
Top Destination
United Arab Emirates$59.9M

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

In 2022, countries that imported more from Ecuador than Burundi included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

In 2022, countries that imported more from Burundi than Ecuador included Democratic Republic of the Congo ($25.7M), Sudan ($9.21M), and Tanzania ($7.94M).

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

Comparative Advantage Ecuador - Burundi

Flow
Scale

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

During 2022, Ecuador had a large net trade with Burundi in the exports of Foodstuffs ($1.08k) and Textiles ($44).

During 2017, Burundi had a large net trade with Ecuador in the exports of Plastics and Rubbers ($135), Paper Goods ($26), and Animal Hides ($3).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Burundi+$2.82kRefined Petroleum
Top Product Potential Burundi Ecuador+$2.54kRefined Petroleum

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 Ecuador and Burundi. This means that a dot/product with the flag of Ecuador indicates it has a comparative advantage over Burundi. Similarly, a dot/product with the flag of Burundi indicates it has a comparative advantage over Ecuador.

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

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