2022
Flag  
GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP
$688BCURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP GROWTH
39%CURRENT US$
Rnk 85 / 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
$18,321CURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP PC GROWTH
40.8%CURRENT US$
Rnk 47 / 186

About

Ecuador-Poland Trade: In 2022, Ecuador exported $79.3M to Poland. The main products that Ecuador exported to Poland were Processed Fish ($21.2M), Bananas ($18.9M), and Other Wood Articles ($11M). Over the past 5 years the exports of Ecuador to Poland have increased at an annualized rate of 7.98%, from $54M in 2017 to $79.3M in 2022.

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

Poland-Ecuador Trade: In 2022, Poland exported $38.6M to Ecuador. The main products that Poland exported to Ecuador were Malt Extract ($4.55M), Kraft Paper ($2.5M), and Synthetic Rubber ($2.5M). Over the past 5 years the exports of Poland to Ecuador have increased at an annualized rate of 6.62%,  from $28M in 2017 to $38.6M in 2022.

In 2022, Poland 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, Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $79.3M to Poland. The main products exported from Ecuador to Poland were Processed Fish ($21.2M), Bananas ($18.9M), and Other Wood Articles ($11M). During the last 5 years the exports of Ecuador to Poland have increased at an annualized rate of 7.98%, from $54M in 2017 to $79.3M in 2022.

In 2017, Poland exported $38.6M to Ecuador. The main products exported from Poland to Ecuador were Malt Extract ($4.55M), Kraft Paper ($2.5M), and Synthetic Rubber ($2.5M). During the last 5 years the exports of Poland to Ecuador have increased at an annualized rate of 6.62%, from $28M in 2022 to $38.6M in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Poland
Top Destination
Germany$93.1B

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

In 2022, countries that imported more from Ecuador than Poland included Panama ($4.97B), China ($6.17B), and Chile ($1.34B).

In 2022, countries that imported more from Poland than Ecuador included Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

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

Comparative Advantage Ecuador - Poland

Flow
Scale

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

During 2022, Ecuador had a large net trade with Poland in the exports of Foodstuffs ($36.2M), Vegetable Products ($27M), and Wood Products ($12.3M).

During 2017, Poland had a large net trade with Ecuador in the exports of Chemical Products ($9.49M), Foodstuffs ($8.04M), and Machines ($4.75M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Poland+$4.35MProcessed Fish
Top Product Potential Poland Ecuador+$1.55MKraft Paper

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

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

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