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2022
Flag → Flag
Exports $154MRnk 27 / 170
2022
Flag → Flag
Top Product $81.4MRaw Tobacco
2022
Flag → Flag
Exports $25.6MRnk 39 / 163
2022
Flag → Flag
Top Product $8.66MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Ecuador-Dominican Republic Trade: In 2022, Ecuador exported $154M to Dominican Republic. The main products that Ecuador exported to Dominican Republic were Raw Tobacco ($81.4M), Glass Bottles ($6.36M), and Cut Flowers ($6.3M). Over the past 5 years the exports of Ecuador to Dominican Republic have increased at an annualized rate of 14.1%, from $79.6M in 2017 to $154M in 2022.

In 2022, Ecuador did not export any services to Dominican Republic.

Dominican Republic-Ecuador Trade: In 2022, Dominican Republic exported $25.6M to Ecuador. The main products that Dominican Republic exported to Ecuador were Packaged Medicaments ($8.66M), Scented Mixtures ($5.28M), and Low-voltage Protection Equipment ($5.13M). Over the past 5 years the exports of Dominican Republic to Ecuador have decreased at an annualized rate of 2.5%,  from $29.1M in 2017 to $25.6M in 2022.

In 2022, Dominican Republic 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, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Latest Trends

December, 2021

About

Overview In December 2021, Ecuador exported $13.7M and imported $1.59M from Dominican Republic, resulting in a positive trade balance of $12.1M. Between December 2020 and December 2021 the exports of Ecuador have increased by $4.07M (42.3%) from $9.61M to $13.7M, while imports decreased by $-276k (-14.8%) from $1.86M to $1.59M.

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($11.4M), Esmeraldas ($2.16M), Quito ($79.2k), and Guayaquil-Aéreo ($57.3k), while imports destinations were mainly Guayaquil-Marítimo ($937k), Quito ($533k), and Guayaquil-Aéreo ($116k).

Growth In December 2021, the increase in Ecuador's year-by-year exports to Dominican Republic was explained primarily by an increase in product exports in Iron Stovetops ($124k or 67.8%), Raw Tobacco ($88.1k or 1.18%), and Refrigerators ($76.4k or 93.4%). In December 2021, the decrease in Ecuador's year-by-year imports  from Dominican Republic was explained primarily by an decrease in product imports  in Low-voltage Protection Equipment ($-61k or -14.4%), Bandages ($-48.1k or -96.2%), and Special Pharmaceuticals ($-37k or -83%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2020 - December 2021)$4.07M(42.3%)
IMPORT GROWTH (December 2020 - December 2021)$-276k(-14.8%)
MAIN EXPORTER (December 2021)Guayaquil-Marítimo$11.4M

This section shows exports and imports data at subnational level for Ecuador. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Ecuador over time.

To check Dominican Republic and Ecuador trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Dominican Republic and Ecuador Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $154M to Dominican Republic. The main products exported from Ecuador to Dominican Republic were Raw Tobacco ($81.4M), Glass Bottles ($6.36M), and Cut Flowers ($6.3M). During the last 5 years the exports of Ecuador to Dominican Republic have increased at an annualized rate of 14.1%, from $79.6M in 2017 to $154M in 2022.

In 2017, Dominican Republic exported $25.6M to Ecuador. The main products exported from Dominican Republic to Ecuador were Packaged Medicaments ($8.66M), Scented Mixtures ($5.28M), and Low-voltage Protection Equipment ($5.13M). During the last 5 years the exports of Dominican Republic to Ecuador have decreased at an annualized rate of 2.5%, from $29.1M in 2022 to $25.6M in 2017.

Exports from Ecuador (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Ecuador (Flag) (2022)

Market Competitiveness

Color
Ecuador
Top DestinationUnited States$9.86B
Dominican Republic
Top DestinationUnited States$6.85B

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

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

In 2022, countries that imported more from Dominican Republic than Ecuador included Haiti ($1.02B), Switzerland ($1.08B), and South Korea ($261M).

Difference in imports from Dominican Republic (Flag) and Ecuador (Flag) (2022)

Comparative Advantage Ecuador - Dominican Republic

Flow
Scale

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

During 2022, Ecuador had a large net trade with Dominican Republic in the exports of Foodstuffs ($94.2M), Plastics and Rubbers ($9.13M), and Machines ($8.42M).

During 2017, Dominican Republic had a large net trade with Ecuador in the exports of Chemical Products ($14.8M), Machines ($5.49M), and Foodstuffs ($2.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Dominican Republic+$6.52kCrude Petroleum
Top Product Potential Dominican Republic Ecuador+$3.73kMedical Instruments

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

Product Space of Ecuador (Flag) and Dominican Republic (Flag) (2022)

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