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
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 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
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186

About

Ecuador-Algeria Trade: In 2022, Ecuador exported $54M to Algeria. The main products that Ecuador exported to Algeria were Bananas ($52.3M), Processed Fish ($1.02M), and Cocoa Beans ($733k). Over the past 5 years the exports of Ecuador to Algeria have increased at an annualized rate of 40.7%, from $9.81M in 2017 to $54M in 2022.

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

Algeria-Ecuador Trade: In 2022, Algeria exported $2.94k to Ecuador. The main products that Algeria exported to Ecuador were Liquid Pumps ($2.29k) and Machinery Having Individual Functions ($649). Over the past 5 years the exports of Algeria to Ecuador have decreased at an annualized rate of 29%,  from $16.3k in 2017 to $2.94k in 2022.

In 2022, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $54M to Algeria. The main products exported from Ecuador to Algeria were Bananas ($52.3M), Processed Fish ($1.02M), and Cocoa Beans ($733k). During the last 5 years the exports of Ecuador to Algeria have increased at an annualized rate of 40.7%, from $9.81M in 2017 to $54M in 2022.

In 2017, Algeria exported $2.94k to Ecuador. The main products exported from Algeria to Ecuador were Liquid Pumps ($2.29k) and Machinery Having Individual Functions ($649). During the last 5 years the exports of Algeria to Ecuador have decreased at an annualized rate of 29%, from $16.3k in 2022 to $2.94k in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Algeria
Top Destination
Italy$16.9B

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

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

In 2022, countries that imported more from Algeria than Ecuador included Italy ($16.9B), France ($6.99B), and Spain ($7.11B).

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

Comparative Advantage Ecuador - Algeria

Flow
Scale

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

During 2022, Ecuador had a large net trade with Algeria in the exports of Vegetable Products ($52.3M), Foodstuffs ($1.76M), and Plastics and Rubbers ($7.3k).

During 2017, Algeria had a large net trade with Ecuador in the exports of Machines ($2.94k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Algeria+$3.39kRefined Petroleum
Top Product Potential Algeria Ecuador+$7.39kRefined 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 Algeria. This means that a dot/product with the flag of Ecuador indicates it has a comparative advantage over Algeria. Similarly, a dot/product with the flag of Algeria indicates it has a comparative advantage over Ecuador.

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

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