2022
Flag  
GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP
$14.4BCURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP GROWTH
65.6%CURRENT US$
Rnk 33 / 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
$5,563CURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP PC GROWTH
82.7%CURRENT US$
Rnk 14 / 186

About

Ecuador-Moldova Trade: In 2022, Ecuador exported $8.14M to Moldova. The main products that Ecuador exported to Moldova were Cut Flowers ($3.44M), Crustaceans ($1.9M), and Bananas ($1.5M). Over the past 5 years the exports of Ecuador to Moldova have increased at an annualized rate of 20.6%, from $3.19M in 2017 to $8.14M in 2022.

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

Moldova-Ecuador Trade: In 2022, Moldova exported $513k to Ecuador. The main products that Moldova exported to Ecuador were Other Plastic Products ($244k), Other Small Iron Pipes ($168k), and Packaged Medicaments ($31.2k). Over the past 5 years the exports of Moldova to Ecuador have increased at an annualized rate of 124%,  from $9.01k in 2017 to $513k in 2022.

In 2022, Moldova 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, Moldova ranked 65 in the Economic Complexity Index (ECI 0.0038), and 124 in total exports ($4.94B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $8.14M to Moldova. The main products exported from Ecuador to Moldova were Cut Flowers ($3.44M), Crustaceans ($1.9M), and Bananas ($1.5M). During the last 5 years the exports of Ecuador to Moldova have increased at an annualized rate of 20.6%, from $3.19M in 2017 to $8.14M in 2022.

In 2017, Moldova exported $513k to Ecuador. The main products exported from Moldova to Ecuador were Other Plastic Products ($244k), Other Small Iron Pipes ($168k), and Packaged Medicaments ($31.2k). During the last 5 years the exports of Moldova to Ecuador have increased at an annualized rate of 124%, from $9.01k in 2022 to $513k in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Moldova
Top Destination
Romania$1.35B

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

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

In 2022, countries that imported more from Moldova than Ecuador included Romania ($1.35B), Ukraine ($729M), and Turkey ($309M).

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

Comparative Advantage Ecuador - Moldova

Flow
Scale

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

During 2022, Ecuador had a large net trade with Moldova in the exports of Vegetable Products ($4.96M), Animal Products ($2.04M), and Foodstuffs ($1.14M).

During 2017, Moldova had a large net trade with Ecuador in the exports of Plastics and Rubbers ($244k), Metals ($168k), and Chemical Products ($42.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Moldova+$3.53kRefined Petroleum
Top Product Potential Moldova Ecuador+$2.5kInsulated Wire

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

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

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