2023
Flag
 GDP
$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH
23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC
$6,610CURRENT US$
Rnk 109 / 196
2013-2023
Flag
GDP PC GROWTH
8.19%CURRENT US$
Rnk 141 / 195

About

Guam-Ecuador Trade: In 2023, Guam exported $10.4k to Ecuador. The main products that Guam exported to Ecuador were Knit T-shirts ($7.67k), Electric Filament ($1.35k), and Boat Propellers ($752). Over the past 6 years the exports of Guam to Ecuador have decreased at an annualized rate of 4.73%, from $13.9k in 2017 to $10.4k in 2023.

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

Ecuador-Guam Trade: In 2023, Ecuador exported $586k to Guam. The main products that Ecuador exported to Guam were Cut Flowers ($586k). Over the past 6 years the exports of Ecuador to Guam have increased at an annualized rate of 14.3%,  from $118k in 2017 to $586k in 2023.

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

Comparison In 2023,  Guam ranked 216 in total exports ($13M), and does not have data regarding Economic Complexity Index. That same year, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guam exported $10.4k to Ecuador. The main products exported from Guam to Ecuador were Knit T-shirts ($7.67k), Electric Filament ($1.35k), and Boat Propellers ($752). During the last 6 years the exports of Guam to Ecuador have decreased at an annualized rate of 4.73%, from $13.9k in 2017 to $10.4k in 2023.

In 2018, Ecuador exported $586k to Guam. The main products exported from Ecuador to Guam were Cut Flowers ($586k). During the last 5 years the exports of Ecuador to Guam have increased at an annualized rate of 14.3%, from $118k in 2023 to $586k in 2018.

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

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

Latest Data

Trade between Guam (Flag) and Ecuador (Flag)

Ecuador Exports

Market Competitiveness

Color
Guam
Top Destination
Chinese Taipei$5.53M
Ecuador
Top Destination
United States$8.34B

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

In 2023, countries that imported more from Guam than Ecuador included Samoa ($59.8k) and Fiji ($58.5k).

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

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

Comparative Advantage Guam - Ecuador

Flow
Scale

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

During 2023, Guam had a large net trade with Ecuador in the exports of Textiles ($7.67k), Machines ($2.1k), and Plastics and Rubbers ($593).

During 2018, Ecuador had a large net trade with Guam in the exports of Vegetable Products ($586k).

Economic Complexity

Competitive Landscape

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

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

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