2023
Flag  
GDP
$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH
23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
 GDP
$14BCURRENT US$
Rnk 141 / 195
2013-2023
Flag
GDP GROWTH
90.7%CURRENT US$
Rnk 20 / 195
2023
Flag
GDP PC 
$6,610CURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP PC GROWTH
8.19%CURRENT US$
Rnk 141 / 195
2023
Flag
GDP PC
$1,970CURRENT US$
Rnk 159 / 196
2013-2023
Flag
GDP PC GROWTH
55.2%CURRENT US$
Rnk 39 / 195

About

Ecuador-Kyrgyzstan Trade: In 2023, Ecuador exported $25.9M to Kyrgyzstan. The main products that Ecuador exported to Kyrgyzstan were Bananas ($14.7M), Cut Flowers ($11.1M), and Iron Structures ($35.3k). Over the past 5 years the exports of Ecuador to Kyrgyzstan have increased at an annualized rate of 89%, from $1.07M in 2018 to $25.9M in 2023.

In 2023, Ecuador did not export any services to Kyrgyzstan.

Kyrgyzstan-Ecuador Trade: In 2023, Kyrgyzstan exported $1.97k to Ecuador. The main products that Kyrgyzstan exported to Ecuador were Chemical Analysis Instruments ($1.95k), Rubber Pipes ($19), and Scrap Iron ($5). Over the past 5 years the exports of Kyrgyzstan to Ecuador have decreased at an annualized rate of 17.9%,  from $17.2k in 2018 to $1.97k in 2023.

In 2009, Kyrgyzstan exported services to Ecuador worth $0, with being the largest in terms of value.

Comparison: In 2023,  Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B). That same year, Kyrgyzstan ranked 67 in the Economic Complexity Index (ECI -0.11), and 136 in total exports ($3.99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ecuador exported $25.9M to Kyrgyzstan. The main products exported from Ecuador to Kyrgyzstan were Bananas ($14.7M), Cut Flowers ($11.1M), and Iron Structures ($35.3k). During the last 5 years the exports of Ecuador to Kyrgyzstan have increased at an annualized rate of 89%, from $1.07M in 2018 to $25.9M in 2023.

In 2018, Kyrgyzstan exported $1.97k to Ecuador. The main products exported from Kyrgyzstan to Ecuador were Chemical Analysis Instruments ($1.95k), Rubber Pipes ($19), and Scrap Iron ($5). During the last 5 years the exports of Kyrgyzstan to Ecuador have decreased at an annualized rate of 17.9%, from $17.2k in 2023 to $1.97k in 2018.

Exports from Ecuador (Flag) to Kyrgyzstan (Flag) (2023)

Exports from Kyrgyzstan (Flag) to Ecuador (Flag) (2023)

Market Competitiveness

Color
Ecuador
Top Destination
United States$8.34B
Kyrgyzstan
Top Destination
Switzerland$1.18B

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

In 2023, countries that imported more from Ecuador than Kyrgyzstan included United States ($8.34B), China ($7.96B), and Panama ($4.38B).

In 2023, countries that imported more from Kyrgyzstan than Ecuador included Switzerland ($1.18B), Kazakhstan ($559M), and Turkey ($316M).

Difference in imports from Kyrgyzstan (Flag) and Ecuador (Flag) (2023)

Comparative Advantage Ecuador - Kyrgyzstan

Flow
Scale

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

During 2023, Ecuador had a large net trade with Kyrgyzstan in the exports of Vegetable Products ($25.8M), Metals ($35.3k), and Miscellaneous ($8.3k).

During 2018, Kyrgyzstan had a large net trade with Ecuador in the exports of Instruments ($1.95k), Plastics and Rubbers ($19), and Metals ($5).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Kyrgyzstan+$64.4kCut Flowers
Top Product Potential Kyrgyzstan Ecuador+$3.52kRefined 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 Kyrgyzstan. This means that a dot/product with the flag of Ecuador indicates it has a comparative advantage over Kyrgyzstan. Similarly, a dot/product with the flag of Kyrgyzstan indicates it has a comparative advantage over Ecuador.

Product Space of Ecuador (Flag) and Kyrgyzstan (Flag) (2023)

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