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Pricing

2022
Flag → Flag
Exports $109MRnk 54 / 198
2022
Flag → Flag
Top Product $47.6MBroadcasting Equipment
2022
Flag → Flag
Exports $42.3MRnk 50 / 170
2022
Flag → Flag
Top Product $8MOther Fruits
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag  
GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC $48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC$6,391CURRENT US$
Rnk 101 / 186
2012-2022
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GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Hong Kong-Ecuador Trade: In 2022, Hong Kong exported $109M to Ecuador. The main products that Hong Kong exported to Ecuador were Broadcasting Equipment ($47.6M), Video Displays ($4.72M), and Computers ($4.27M). Over the past 5 years the exports of Hong Kong to Ecuador have increased at an annualized rate of 21.4%, from $41.3M in 2017 to $109M in 2022.

In 2022, Hong Kong did not export any services to Ecuador.

Ecuador-Hong Kong Trade: In 2022, Ecuador exported $42.3M to Hong Kong. The main products that Ecuador exported to Hong Kong were Other Fruits ($8M), Tanned Equine and Bovine Hides ($7.97M), and Bananas ($7.69M). Over the past 5 years the exports of Ecuador to Hong Kong have increased at an annualized rate of 9.52%,  from $26.9M in 2017 to $42.3M in 2022.

In 2022, Ecuador did not export any services to Hong Kong.

Comparison: In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). That same year, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hong Kong exported $109M to Ecuador. The main products exported from Hong Kong to Ecuador were Broadcasting Equipment ($47.6M), Video Displays ($4.72M), and Computers ($4.27M). During the last 5 years the exports of Hong Kong to Ecuador have increased at an annualized rate of 21.4%, from $41.3M in 2017 to $109M in 2022.

In 2017, Ecuador exported $42.3M to Hong Kong. The main products exported from Ecuador to Hong Kong were Other Fruits ($8M), Tanned Equine and Bovine Hides ($7.97M), and Bananas ($7.69M). During the last 5 years the exports of Ecuador to Hong Kong have increased at an annualized rate of 9.52%, from $26.9M in 2022 to $42.3M in 2017.

Exports from Hong Kong (Flag) to Ecuador (Flag) (2022)

Exports from Ecuador (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Ecuador (Flag)

Hong Kong Exports

Ecuador Exports

Market Competitiveness

Color
Hong Kong
Top DestinationChina$23.4B
Ecuador
Top DestinationUnited States$9.86B

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

In 2022, countries that imported more from Hong Kong than Ecuador included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2022, countries that imported more from Ecuador than Hong Kong included United States ($9.86B), Panama ($4.97B), and Chile ($1.34B).

Difference in imports from Ecuador (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Ecuador

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Ecuador in the exports of Machines ($79M), Instruments ($10.5M), and Metals ($3.67M).

During 2017, Ecuador had a large net trade with Hong Kong in the exports of Vegetable Products ($17.9M), Animal Hides ($7.97M), and Animal Products ($6.94M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Ecuador+$3.76MTelephones
Top Product Potential Ecuador Hong Kong+$7.35MCrustaceans

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 Hong Kong and Ecuador. This means that a dot/product with the flag of Hong Kong indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over Hong Kong.

Product Space of Hong Kong (Flag) and Ecuador (Flag) (2022)

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