2022
Flag  
GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP
$984MCURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP GROWTH
31.5%CURRENT US$
Rnk 95 / 186
2022
Flag
GDP PC 
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC
$3,010CURRENT US$
Rnk 134 / 186
2012-2022
Flag
GDP PC GROWTH
3.58%CURRENT US$
Rnk 133 / 186

About

Ecuador-Vanuatu Trade: In 2008, Ecuador exported $6.32k to Vanuatu. The main products that Ecuador exported to Vanuatu were N/A. Over the past 13 years the exports of Ecuador to Vanuatu have increased at an annualized rate of 12.9%, from $1.3k in 1995 to $6.32k in 2008.

In 2008, Ecuador did not export any services to Vanuatu.

Vanuatu-Ecuador Trade: In 2008, Vanuatu exported $1.24M to Ecuador. The main products that Vanuatu exported to Ecuador were Non-fillet Frozen Fish ($1.24M), Electric Soldering Equipment ($113), and Other Electrical Machinery ($73). Over the past 13 years the exports of Vanuatu to Ecuador have increased at an annualized rate of 67.1%,  from $95.3k in 1995 to $1.24M in 2008.

In 2008, Vanuatu 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, Vanuatu ranked 186 in total exports ($205M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2008, Ecuador exported $6.32k to Vanuatu. There were not main exports from Ecuador to Vanuatu in 2008. During the last 13 years the exports of Ecuador to Vanuatu have increased at an annualized rate of 12.9%, from $1.3k in 1995 to $6.32k in 2008.

In 2017, Vanuatu exported $1.24M to Ecuador. The main products exported from Vanuatu to Ecuador were Non-fillet Frozen Fish ($1.24M), Electric Soldering Equipment ($113), and Other Electrical Machinery ($73). During the last 5 years the exports of Vanuatu to Ecuador have increased at an annualized rate of 67.1%, from $95.3k in 2022 to $1.24M in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Vanuatu
Top Destination
Thailand$86.1M

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

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

In 2022, countries that imported more from Vanuatu than Ecuador included Fiji ($6.36M) and Thailand ($86.1M).

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

Comparative Advantage Ecuador - Vanuatu

Flow
Scale

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

During 2008, Ecuador had a large net trade with Vanuatu in the exports of .

During 2017, Vanuatu had a large net trade with Ecuador in the exports of Animal Products ($1.24M), Machines ($196), and Instruments ($64).

Economic Complexity

Competitive Landscape

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

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

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