2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 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

United Kingdom-Ecuador In 2022, United Kingdom exported $131M to Ecuador. The main products that United Kingdom exported to Ecuador are Hard Liquor ($29.7M), Packaged Medicaments ($11.1M), and Brochures ($5.92M). During the last 27 years the exports of United Kingdom to Ecuador have increased at an annualized rate of 2.46%, from $67.8M in 1995 to $131M in 2022.

In 2022, United Kingdom did not export any services to Ecuador.

Ecuador-United Kingdom In 2022, Ecuador exported $283M to United Kingdom. The main products that Ecuador exported to United Kingdom were Processed Fish ($111M), Crustaceans ($71.2M), and Bananas ($44.8M). During the last 27 years the exports of Ecuador to United Kingdom have increased at an annualized rate of 3.83%, from $102M in 1995 to $283M in 2022.

In 2022, Ecuador did not export any services to United Kingdom.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B). That same year, Ecuador ranked 102 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $131M to Ecuador. The main products exported from United Kingdom to Ecuador were Hard Liquor ($29.7M), Packaged Medicaments ($11.1M), and Brochures ($5.92M). During the last 27 years the exports of United Kingdom to Ecuador have increased at an annualized rate of 2.46%, from $67.8M in 1995 to $131M in 2022.

In 2022, Ecuador exported $283M to United Kingdom. The main products exported from Ecuador to United Kingdom were Processed Fish ($111M), Crustaceans ($71.2M), and Bananas ($44.8M). During the last 27 years the exports of Ecuador to United Kingdom have increased at an annualized rate of 3.83%, from $102M in 1995 to $283M in 2022.

Exports from United Kingdom (Flag) to Ecuador (Flag) (2022)

Exports from Ecuador (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$61.8B
Ecuador
Top Destination
United States$9.86B

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

In 2021, countries that imported more from United Kingdom than Ecuador were United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2021, countries that imported more from Ecuador than United Kingdom were Panama ($4.97B), Chile ($1.34B), and Peru ($1.02B).

Difference in imports from Ecuador (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Ecuador

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Ecuador in the exports of Foodstuffs ($36.8M), Chemical Products ($31.5M), and Machines ($27M).

During 2022, Ecuador had a large net trade with United Kingdom in the exports of Foodstuffs ($123M), Animal Products ($71.5M), and Vegetable Products ($62.1M).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Ecuador (Flag) (2022)

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