Moldova (MDA) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

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Moldova-Ecuador Trade: In 2023, Moldova exported $197k to Ecuador. The main products that Moldova exported to Ecuador were Other Plastic Products ($121k), Confectionery Sugar ($38.7k), and Non-Knit Men's Coats ($9.67k). Over the past 5 years the exports of Moldova to Ecuador have increased at an annualized rate of 52.4%, from $24k in 2018 to $197k in 2023.

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

Ecuador-Moldova Trade: In 2023, Ecuador exported $30.9M to Moldova. The main products that Ecuador exported to Moldova were Bananas ($21.4M), Cut Flowers ($4.23M), and Crustaceans ($3.8M). Over the past 5 years the exports of Ecuador to Moldova have increased at an annualized rate of 22.1%, from $11.4M in 2018 to $30.9M in 2023.

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

Comparison: In 2023, Moldova ranked 68 in the Economic Complexity Index (ECI -0.13), and 131 in total exports ($4.81B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Moldova exported $197k to Ecuador. The main products exported from Moldova to Ecuador were Other Plastic Products ($121k), Confectionery Sugar ($38.7k), and Non-Knit Men's Coats ($9.67k). During the last 5 years the exports of Moldova to Ecuador have increased at an annualized rate of 52.4%, from $24k in 2018 to $197k in 2023.

In 2018, Ecuador exported $30.9M to Moldova. The main products exported from Ecuador to Moldova were Bananas ($21.4M), Cut Flowers ($4.23M), and Crustaceans ($3.8M). During the last 5 years the exports of Ecuador to Moldova have increased at an annualized rate of 22.1%, from $11.4M in 2023 to $30.9M in 2018.

Exports from Moldova () to Ecuador () (2023)

Exports from Ecuador () to Moldova () (2023)

Latest Data

Trade between Moldova () and Ecuador ()

Moldova Exports

Date

Ecuador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Moldova
Top DestinationRomania$1.5B

Ecuador
Top DestinationUnited States$8.34B

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

In 2023, countries that imported more from Moldova than Ecuador included Romania ($1.5B), Ukraine ($616M), and Czechia ($185M).

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

Difference in imports from Ecuador () and Moldova () (2023)

Comparative Advantage Moldova - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Moldova had a large net trade with Ecuador in the exports of Plastics and Rubbers ($121k), Foodstuffs ($38.7k), and Textiles ($21.8k).

During 2018, Ecuador had a large net trade with Moldova in the exports of Vegetable Products ($25.7M), Animal Products ($3.8M), and Foodstuffs ($1.38M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Moldova Ecuador+$2.5kInsulated Wire

Top Product Potential Ecuador Moldova+$3.53kRefined Petroleum

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Moldova () to Ecuador () (2023)

Exports from Ecuador () to Moldova () (2023)

Latest Data

Trade between Moldova () and Ecuador ()

Moldova Exports

Ecuador Exports

Market Competitiveness

Difference in imports from Ecuador () and Moldova () (2023)

Comparative Advantage Moldova - Ecuador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Moldova () and Ecuador () (2023)

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