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2023
Flag → Flag
Exports $88.9MRnk 37 / 174
2023
Flag → Flag
Top Product $88.1MBananas
2023
Flag → Flag
Exports $22.6kRnk 118 / 132
2023
Flag → Flag
Top Product $11.7kKnit T-shirts
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.22Rnk 74 / 132
2023
Flag  
GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
 GDP$102BCURRENT US$
Rnk 70 / 195
2013-2023
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 95 / 195
2023
Flag
GDP PC $6,610CURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP PC GROWTH8.19%CURRENT US$
Rnk 141 / 195
2023
Flag
GDP PC$2,850CURRENT US$
Rnk 144 / 196
2013-2023
Flag
GDP PC GROWTH15.7%CURRENT US$
Rnk 116 / 195

About

Ecuador-Uzbekistan Trade: In 2023, Ecuador exported $88.9M to Uzbekistan. The main products that Ecuador exported to Uzbekistan were Bananas ($88.1M), Cut Flowers ($694k), and Crustaceans ($51k). Over the past 5 years the exports of Ecuador to Uzbekistan have increased at an annualized rate of 57.2%, from $9.26M in 2018 to $88.9M in 2023.

In 2023, Ecuador did not export any services to Uzbekistan.

Uzbekistan-Ecuador Trade: In 2023, Uzbekistan exported $22.6k to Ecuador. The main products that Uzbekistan exported to Ecuador were Knit T-shirts ($11.7k), Knit Women's Suits ($3.78k), and Knit Sweaters ($3.19k). Over the past 5 years the exports of Uzbekistan to Ecuador have decreased at an annualized rate of 49.7%,  from $704k in 2018 to $22.6k in 2023.

In 2023, Uzbekistan did not export any services to Ecuador.

Comparison: In 2023,  Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B). That same year, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B).

Latest Trends

December, 2021

About

Overview In December 2021, Ecuador exported $50.8k and imported $281k from Uzbekistan, resulting in a negative trade balance of $230k. Between December 2020 and December 2021 the exports of Ecuador have decreased by $-18.6k (-26.8%) from $69.3k to $50.8k, while imports increased by $281k (1.07M%) from $26.2 to $281k.

Trade In December 2021, the top exports of Ecuador to Uzbekistan were Bananas ($111k) and Cut Flowers ($1.15k). In December 2021 the top imports of Ecuador from Uzbekistan were Dried Vegetables ($708).

Origins In December 2021 the exports of Ecuador were mainly from Puerto Bolívar ($50.5k) and Quito ($268), while imports destinations were mainly N/A.

Growth In December 2021, the decrease in Ecuador's year-by-year exports to Uzbekistan was explained primarily by an decrease in product exports in Bananas ($-488k or -81.4%) and Cut Flowers ($-438k or -99.7%). In November 2021, the increase in Ecuador's year-by-year imports  from Uzbekistan was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2020 - December 2021)$-18.6k(-26.8%)
IMPORT GROWTH (November 2020 - November 2021)$281k(1.07M%)
MAIN EXPORTER (December 2021)Puerto Bolívar$50.5k

This section shows exports and imports data at subnational level for Ecuador. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Ecuador over time.

To check Uzbekistan and Ecuador trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ecuador exported $88.9M to Uzbekistan. The main products exported from Ecuador to Uzbekistan were Bananas ($88.1M), Cut Flowers ($694k), and Crustaceans ($51k). During the last 5 years the exports of Ecuador to Uzbekistan have increased at an annualized rate of 57.2%, from $9.26M in 2018 to $88.9M in 2023.

In 2018, Uzbekistan exported $22.6k to Ecuador. The main products exported from Uzbekistan to Ecuador were Knit T-shirts ($11.7k), Knit Women's Suits ($3.78k), and Knit Sweaters ($3.19k). During the last 5 years the exports of Uzbekistan to Ecuador have decreased at an annualized rate of 49.7%, from $704k in 2023 to $22.6k in 2018.

Exports from Ecuador (Flag) to Uzbekistan (Flag) (2023)

Exports from Uzbekistan (Flag) to Ecuador (Flag) (2023)

Market Competitiveness

Color
Ecuador
Top DestinationUnited States$8.34B
Uzbekistan
Top DestinationSwitzerland$8.18B

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

In 2023, countries that imported more from Ecuador than Uzbekistan included United States ($8.34B), China ($7.96B), and Panama ($4.38B).

In 2023, countries that imported more from Uzbekistan than Ecuador included Switzerland ($8.18B), United Kingdom ($2.65B), and Russia ($3.02B).

Difference in imports from Uzbekistan (Flag) and Ecuador (Flag) (2023)

Comparative Advantage Ecuador - Uzbekistan

Flow
Scale

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

During 2023, Ecuador had a large net trade with Uzbekistan in the exports of Vegetable Products ($88.8M), Animal Products ($51k), and Foodstuffs ($6.42k).

During 2018, Uzbekistan had a large net trade with Ecuador in the exports of Textiles ($20.5k), Vegetable Products ($1.75k), and Chemical Products ($104).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Uzbekistan+$3.8kCrude Petroleum
Top Product Potential Uzbekistan Ecuador+$3.82kPetroleum Gas

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

Product Space of Ecuador (Flag) and Uzbekistan (Flag) (2023)

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