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Pricing

2022
Flag → Flag
Exports $4.69MRnk 95 / 170
2022
Flag → Flag
Top Product $3.84MBananas
2022
Flag → Flag
Exports $67.4kRnk 109 / 139
2022
Flag → Flag
Top Product $62.4kPotassic Fertilizers
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.28Rnk 79 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP$80.4BCURRENT US$
Rnk 72 / 186
2012-2022
Flag
GDP GROWTH19.1%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC $6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC$2,255CURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP PC GROWTH-0.55%CURRENT US$
Rnk 146 / 186

About

Ecuador-Uzbekistan Trade: In 2022, Ecuador exported $4.69M to Uzbekistan. The main products that Ecuador exported to Uzbekistan were Bananas ($3.84M), Cut Flowers ($719k), and Crustaceans ($70.1k). Over the past 5 years the exports of Ecuador to Uzbekistan have increased at an annualized rate of 13.8%, from $2.46M in 2017 to $4.69M in 2022.

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

Uzbekistan-Ecuador Trade: In 2022, Uzbekistan exported $67.4k to Ecuador. The main products that Uzbekistan exported to Ecuador were Potassic Fertilizers ($62.4k), Knit Sweaters ($2.97k), and Dried Vegetables ($955). Over the past 5 years the exports of Uzbekistan to Ecuador have decreased at an annualized rate of 38.3%,  from $756k in 2017 to $67.4k in 2022.

In 2022, Uzbekistan 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, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B).

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 2022, Ecuador exported $4.69M to Uzbekistan. The main products exported from Ecuador to Uzbekistan were Bananas ($3.84M), Cut Flowers ($719k), and Crustaceans ($70.1k). During the last 5 years the exports of Ecuador to Uzbekistan have increased at an annualized rate of 13.8%, from $2.46M in 2017 to $4.69M in 2022.

In 2017, Uzbekistan exported $67.4k to Ecuador. The main products exported from Uzbekistan to Ecuador were Potassic Fertilizers ($62.4k), Knit Sweaters ($2.97k), and Dried Vegetables ($955). During the last 5 years the exports of Uzbekistan to Ecuador have decreased at an annualized rate of 38.3%, from $756k in 2022 to $67.4k in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top DestinationUnited States$9.86B
Uzbekistan
Top DestinationSwitzerland$4.29B

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

In 2022, countries that imported more from Uzbekistan than Ecuador included Switzerland ($4.29B), Russia ($2.6B), and Turkey ($1.59B).

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

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 2022, Ecuador had a large net trade with Uzbekistan in the exports of Vegetable Products ($4.61M), Animal Products ($70.1k), and Foodstuffs ($15.1k).

During 2017, Uzbekistan had a large net trade with Ecuador in the exports of Chemical Products ($62.4k), Textiles ($3.97k), and Vegetable Products ($1.02k).

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) (2022)

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