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-North Korea Trade: In 2017, Ecuador exported $97.5k to North Korea. The main products that Ecuador exported to North Korea were N/A. Over the past 7 years the exports of Ecuador to North Korea have increased at an annualized rate of 8.01%, from $56.8k in 2010 to $97.5k in 2017.

In 2017, Ecuador did not export any services to North Korea.

North Korea-Ecuador Trade: In 2017, North Korea exported $416k to Ecuador. The main products that North Korea exported to Ecuador were Non-fillet Frozen Fish ($416k). Over the past 7 years the exports of North Korea to Ecuador have decreased at an annualized rate of 25.5%,  from $2.43M in 2010 to $416k in 2017.

In 2017, North Korea 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, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2017, Ecuador exported $97.5k to North Korea. There were not main exports from Ecuador to North Korea in 2017. During the last 7 years the exports of Ecuador to North Korea have increased at an annualized rate of 8.01%, from $56.8k in 2010 to $97.5k in 2017.

In 2017, North Korea exported $416k to Ecuador. The main products exported from North Korea to Ecuador were Non-fillet Frozen Fish ($416k). During the last 5 years the exports of North Korea to Ecuador have decreased at an annualized rate of 25.5%, from $2.43M in 2022 to $416k in 2017.

Exports from Ecuador (Flag) to North Korea (Flag) (2022)

Exports from North Korea (Flag) to Ecuador (Flag) (2022)

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
North Korea
Top Destination
China$131M

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

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

In 2022, countries that imported more from North Korea than Ecuador included Senegal ($26.9M), Nigeria ($14M), and Mozambique ($5.73M).

Difference in imports from North Korea (Flag) and Ecuador (Flag) (2022)

Comparative Advantage Ecuador - North Korea

Flow
Scale

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

During 2017, Ecuador had a large net trade with North Korea in the exports of .

During 2017, North Korea had a large net trade with Ecuador in the exports of Animal Products ($416k).

Economic Complexity

Competitive Landscape

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

Product Space of Ecuador (Flag) and North Korea (Flag) (2022)

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