2022
Flag  
GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC 
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186

About

Ecuador-Lebanon Trade: In 2022, Ecuador exported $2.4M to Lebanon. The main products that Ecuador exported to Lebanon were Crustaceans ($1.6M), Bananas ($287k), and Coffee and Tea Extracts ($200k). Over the past 5 years the exports of Ecuador to Lebanon have decreased at an annualized rate of 12.8%, from $4.75M in 2017 to $2.4M in 2022.

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

Lebanon-Ecuador Trade: In 2022, Lebanon exported $752k to Ecuador. The main products that Lebanon exported to Ecuador were Nonaqueous Paints ($283k), Grapes ($163k), and Industrial Furnaces ($58k). Over the past 5 years the exports of Lebanon to Ecuador have increased at an annualized rate of 15.2%,  from $242k in 2017 to $752k in 2022.

In 2022, Lebanon 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, Lebanon ranked 48 in the Economic Complexity Index (ECI 0.38), and 129 in total exports ($4.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $2.4M to Lebanon. The main products exported from Ecuador to Lebanon were Crustaceans ($1.6M), Bananas ($287k), and Coffee and Tea Extracts ($200k). During the last 5 years the exports of Ecuador to Lebanon have decreased at an annualized rate of 12.8%, from $4.75M in 2017 to $2.4M in 2022.

In 2017, Lebanon exported $752k to Ecuador. The main products exported from Lebanon to Ecuador were Nonaqueous Paints ($283k), Grapes ($163k), and Industrial Furnaces ($58k). During the last 5 years the exports of Lebanon to Ecuador have increased at an annualized rate of 15.2%, from $242k in 2022 to $752k in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Lebanon
Top Destination
United Arab Emirates$956M

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

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

In 2022, countries that imported more from Lebanon than Ecuador included United Arab Emirates ($956M), Syria ($370M), and Egypt ($234M).

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

Comparative Advantage Ecuador - Lebanon

Flow
Scale

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

During 2022, Ecuador had a large net trade with Lebanon in the exports of Animal Products ($1.6M), Foodstuffs ($401k), and Vegetable Products ($365k).

During 2017, Lebanon had a large net trade with Ecuador in the exports of Chemical Products ($358k), Vegetable Products ($169k), and Machines ($124k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Ecuador and Lebanon. This means that a dot/product with the flag of Ecuador indicates it has a comparative advantage over Lebanon. Similarly, a dot/product with the flag of Lebanon indicates it has a comparative advantage over Ecuador.

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with