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
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC 
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Ecuador-Colombia In 2022, Ecuador exported $1.07B to Colombia. The main products that Ecuador exported to Colombia are Processed Fish ($168M), Particle Board ($140M), and Palm Oil ($92.9M). During the last 27 years the exports of Ecuador to Colombia have increased at an annualized rate of 5.36%, from $260M in 1995 to $1.07B in 2022.

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

Colombia-Ecuador In 2022, Colombia exported $1.89B to Ecuador. The main products that Colombia exported to Ecuador were Cars ($108M), Packaged Medicaments ($106M), and Delivery Trucks ($87.3M). During the last 27 years the exports of Colombia to Ecuador have increased at an annualized rate of 5.54%, from $442M in 1995 to $1.89B in 2022.

In 2022, Colombia 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, Colombia ranked 57 in the Economic Complexity Index (ECI 0.094), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $1.07B to Colombia. The main products exported from Ecuador to Colombia were Processed Fish ($168M), Particle Board ($140M), and Palm Oil ($92.9M). During the last 27 years the exports of Ecuador to Colombia have increased at an annualized rate of 5.36%, from $260M in 1995 to $1.07B in 2022.

In 2022, Colombia exported $1.89B to Ecuador. The main products exported from Colombia to Ecuador were Cars ($108M), Packaged Medicaments ($106M), and Delivery Trucks ($87.3M). During the last 27 years the exports of Colombia to Ecuador have increased at an annualized rate of 5.54%, from $442M in 1995 to $1.89B in 2022.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Colombia
Top Destination
United States$15.6B

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

In 2021, countries that imported more from Ecuador than Colombia were China ($6.17B), Russia ($994M), and Switzerland ($405M).

In 2021, countries that imported more from Colombia than Ecuador were United States ($15.6B), Netherlands ($3.67B), and Brazil ($2.39B).

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

Comparative Advantage Ecuador - Colombia

Flow
Scale

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

During 2022, Ecuador had a large net trade with Colombia in the exports of Foodstuffs ($236M), Wood Products ($142M), and Animal and Vegetable Bi-Products ($116M).

During 2022, Colombia had a large net trade with Ecuador in the exports of Chemical Products ($441M), Transportation ($256M), and Foodstuffs ($197M).

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

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

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