2022
Flag  
GDP
$115BCURRENT US$
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2012-2022
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GDP GROWTH
30.9%CURRENT US$
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2022
Flag
 GDP
$237BCURRENT US$
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2012-2022
Flag
GDP GROWTH
27%CURRENT US$
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2022
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GDP PC 
$6,391CURRENT US$
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2012-2022
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GDP PC GROWTH
12.6%CURRENT US$
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2022
Flag
GDP PC
$88,046CURRENT US$
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2012-2022
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GDP PC GROWTH
-10.2%CURRENT US$
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About

Ecuador-Qatar Trade: In 2022, Ecuador exported $22.1M to Qatar. The main products that Ecuador exported to Qatar were Cut Flowers ($11.8M), Bananas ($8.79M), and Other Furniture ($281k). Over the past 5 years the exports of Ecuador to Qatar have increased at an annualized rate of 36.8%, from $4.6M in 2017 to $22.1M in 2022.

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

Qatar-Ecuador Trade: In 2022, Qatar exported $1.9M to Ecuador. The main products that Qatar exported to Ecuador were Cleaning Products ($989k), Ethylene Polymers ($624k), and Sodium or Potassium Peroxides ($165k). Over the past 5 years the exports of Qatar to Ecuador have increased at an annualized rate of 6.85%,  from $1.37M in 2017 to $1.9M in 2022.

In 2022, Qatar 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, Qatar ranked 71 in the Economic Complexity Index (ECI -0.15), and 38 in total exports ($119B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $22.1M to Qatar. The main products exported from Ecuador to Qatar were Cut Flowers ($11.8M), Bananas ($8.79M), and Other Furniture ($281k). During the last 5 years the exports of Ecuador to Qatar have increased at an annualized rate of 36.8%, from $4.6M in 2017 to $22.1M in 2022.

In 2017, Qatar exported $1.9M to Ecuador. The main products exported from Qatar to Ecuador were Cleaning Products ($989k), Ethylene Polymers ($624k), and Sodium or Potassium Peroxides ($165k). During the last 5 years the exports of Qatar to Ecuador have increased at an annualized rate of 6.85%, from $1.37M in 2022 to $1.9M in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Qatar
Top Destination
China$21.1B

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

In 2022, countries that imported more from Ecuador than Qatar included United States ($9.86B), Panama ($4.97B), and Chile ($1.34B).

In 2022, countries that imported more from Qatar than Ecuador included India ($17.4B), China ($21.1B), and Japan ($12B).

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

Comparative Advantage Ecuador - Qatar

Flow
Scale

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

During 2022, Ecuador had a large net trade with Qatar in the exports of Vegetable Products ($20.8M), Miscellaneous ($511k), and Foodstuffs ($284k).

During 2017, Qatar had a large net trade with Ecuador in the exports of Chemical Products ($1.15M), Plastics and Rubbers ($625k), and Instruments ($121k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Qatar+$410kCrustaceans
Top Product Potential Qatar Ecuador+$6.32kRefined 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 Qatar. This means that a dot/product with the flag of Ecuador indicates it has a comparative advantage over Qatar. Similarly, a dot/product with the flag of Qatar indicates it has a comparative advantage over Ecuador.

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

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