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-Chinese Taipei Trade: In 2022, Ecuador exported $93.9M to Chinese Taipei. The main products that Ecuador exported to Chinese Taipei were Precious Metal Ore ($71.4M), Crustaceans ($11.4M), and Cut Flowers ($2.37M). Over the past 5 years the exports of Ecuador to Chinese Taipei have increased at an annualized rate of 48%, from $13.2M in 2017 to $93.9M in 2022.

In 2022, Ecuador did not export any services to Chinese Taipei.

Chinese Taipei-Ecuador Trade: In 2022, Chinese Taipei exported $276M to Ecuador. The main products that Chinese Taipei exported to Ecuador were Refined Petroleum ($34.7M), Styrene Polymers ($24.9M), and Motor vehicles; parts and accessories (8701 to 8705) ($15M). Over the past 5 years the exports of Chinese Taipei to Ecuador have increased at an annualized rate of 10.1%,  from $171M in 2017 to $276M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $93.9M to Chinese Taipei. The main products exported from Ecuador to Chinese Taipei were Precious Metal Ore ($71.4M), Crustaceans ($11.4M), and Cut Flowers ($2.37M). During the last 5 years the exports of Ecuador to Chinese Taipei have increased at an annualized rate of 48%, from $13.2M in 2017 to $93.9M in 2022.

In 2017, Chinese Taipei exported $276M to Ecuador. The main products exported from Chinese Taipei to Ecuador were Refined Petroleum ($34.7M), Styrene Polymers ($24.9M), and Motor vehicles; parts and accessories (8701 to 8705) ($15M). During the last 5 years the exports of Chinese Taipei to Ecuador have increased at an annualized rate of 10.1%, from $171M in 2022 to $276M in 2017.

Exports from Ecuador (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Ecuador (Flag) (2022)

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Chinese Taipei
Top Destination
China$121B

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

In 2022, countries that imported more from Ecuador than Chinese Taipei included Panama ($4.97B), Chile ($1.34B), and Peru ($1.02B).

In 2022, countries that imported more from Chinese Taipei than Ecuador included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei (Flag) and Ecuador (Flag) (2022)

Comparative Advantage Ecuador - Chinese Taipei

Flow
Scale

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

During 2022, Ecuador had a large net trade with Chinese Taipei in the exports of Mineral Products ($73.6M), Animal Products ($11.7M), and Vegetable Products ($4.04M).

During 2017, Chinese Taipei had a large net trade with Ecuador in the exports of Machines ($69.8M), Plastics and Rubbers ($65.5M), and Mineral Products ($41.2M).

Economic Complexity

Competitive Landscape

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

Product Space of Ecuador (Flag) and Chinese Taipei (Flag) (2022)

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