Flag Spain / Ecuador Flag

2019
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Exports
: $646M, Rnk 57 / 219

2019
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Top Product
: $107M, Self-Propelled Rail Transport

2019
FlagFlag
Exports
: $646M, Rnk 8 / 169

2019
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Top Product
: $292M, Processed Fish

2019
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Economic Complexity (ECI)
: ECI 0.85, Rnk 36 / 146

2019
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Economic Complexity (ECI)
: ECI -0.76, Rnk 110 / 146

2019
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GDP
: $1.39T, CURRENT US$
Rnk 14 / 187

2009-2019
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GDP GROWTH
: -6.2%, CURRENT US$
Rnk 179 / 187

2019
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 GDP
: $107B, CURRENT US$
Rnk 59 / 187

2009-2019
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GDP GROWTH
: 71.8%, CURRENT US$
Rnk 58 / 187

2019
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GDP PC 
: $29,600, CURRENT US$
Rnk 36 / 187

2009-2019
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GDP PC GROWTH
: -7.62%, CURRENT US$
Rnk 174 / 187

2019
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GDP PC
: $6,184, CURRENT US$
Rnk 95 / 187

2009-2019
Flag
GDP PC GROWTH
: 46.1%, CURRENT US$
Rnk 62 / 187

Spain-Ecuador In 2019, Spain exported $646M to Ecuador. The main products that Spain exported to Ecuador are Self-Propelled Rail Transport ($107M), Non-fillet Frozen Fish ($55.6M), and Coal Tar Oil ($21.8M). During the last 24 years the exports of Spain to Ecuador have increased at an annualized rate of 7.64%, from $110M in 1995 to $646M in 2019.

In 2019, Spain did not export any services to Ecuador.

Ecuador-Spain In 2019, Ecuador exported $646M to Spain . The main products that Ecuador exported to Spain were Processed Fish ($292M), Crustaceans ($221M), and Cut Flowers ($27.8M). During the last 24 years the exports of Ecuador to Spain have increased at an annualized rate of 5.44%, from $181M in 1995 to $646M in 2019.

In 2019, Ecuador did not export any services to Spain.

Comparison In 2019,  Spain ranked 36 in the Economic Complexity Index (ECI 0.85), and 16 in total exports ($319B). That same year, Ecuador ranked 110 in the Economic Complexity Index (ECI -0.76), and 70 in total exports ($22.9B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Spain exported $646M to Ecuador. The main products exported from Spain to Ecuador were Self-Propelled Rail Transport ($107M), Non-fillet Frozen Fish ($55.6M), and Coal Tar Oil ($21.8M). During the last 24 years the exports of Spain to Ecuador have increased at an annualized rate of 7.64%, from $110M in 1995 to $646M in 2019.

In 2019, Ecuador exported $646M to Spain. The main products exported from Ecuador to Spain were Processed Fish ($292M), Crustaceans ($221M), and Cut Flowers ($27.8M). During the last 24 years the exports of Ecuador to Spain have increased at an annualized rate of 5.44%, from $181M in 1995 to $646M in 2019.

Ecuador Exports

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Market Competitiveness

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Measure

Spain
Top Destination
: France, $47.4B

Ecuador
Top Destination
: United States, $6.76B

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

In 2019, countries that imported more from Spain than Ecuador were France ($47.4B), Germany ($34.9B), and Portugal ($25.8B).

In 2019, countries that imported more from Ecuador than Spain were Panama ($1.92B), Nicaragua ($144M), and Peru ($993M).

Comparative Advantage Spain - Ecuador

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Depth

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

During 2019, Spain had a large net trade with Ecuador in the exports of Transportation ($138M), Machines ($133M), and Chemical Products ($84.4M).

During 2019, Ecuador had a large net trade with Spain in the exports of Foodstuffs ($319M), Animal Products ($252M), and Vegetable Products ($49.9M).

Tariff Section

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This section shows import tariffs for products traded between Spain and Ecuador (using the HS6 product classification and the last year reported).

In 2019, the products from Spain that paid the highest import tariffs to enter Ecuador were Mushrooms, prepared or preserved, not in vinegar (127%) and Vegetables: mushrooms of the genus Agaricus, provisionally preserved but unsuitable in that state for immediate consumption (122%).

In 2019, the products from Ecuador that paid the highest import tariffs to enter Spain were Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, fresh or chilled (85.5%) and Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, frozen (85.5%).

*The tariffs present between Spain and Ecuador are:
122: EU preferential tariff for sugar producing countries
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
205: Preferential tariff for Ecuador
205: Preferential tariff for Ecuador

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Spain has comparative advantage over Ecuador. Similarly, the more red a dot/product is, the more Ecuador has comparative advantage over Spain.