2022
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GDP
$1.41TCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
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 GDP
$115BCURRENT US$
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2012-2022
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GDP GROWTH
30.9%CURRENT US$
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2022
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GDP PC 
$11,091CURRENT US$
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2012-2022
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GDP PC GROWTH
6.89%CURRENT US$
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2022
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GDP PC
$6,391CURRENT US$
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2012-2022
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GDP PC GROWTH
12.6%CURRENT US$
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About

Mexico-Ecuador In 2022, Mexico exported $668M to Ecuador. The main products that Mexico exported to Ecuador are Packaged Medicaments ($60.2M), Cars ($50.7M), and Tractors ($26.6M). During the last 27 years the exports of Mexico to Ecuador have increased at an annualized rate of 5.4%, from $161M in 1995 to $668M in 2022.

In 2022, Mexico did not export any services to Ecuador.

Ecuador-Mexico In 2022, Ecuador exported $196M to Mexico. The main products that Ecuador exported to Mexico were Cocoa Beans ($67.1M), Palm Oil ($25.7M), and Processed Fish ($23.8M). During the last 27 years the exports of Ecuador to Mexico have increased at an annualized rate of 4.76%, from $55.9M in 1995 to $196M in 2022.

In 2022, Ecuador did not export any services to Mexico.

Comparison In 2022,  Mexico ranked 21 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). 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, Mexico exported $668M to Ecuador. The main products exported from Mexico to Ecuador were Packaged Medicaments ($60.2M), Cars ($50.7M), and Tractors ($26.6M). During the last 27 years the exports of Mexico to Ecuador have increased at an annualized rate of 5.4%, from $161M in 1995 to $668M in 2022.

In 2022, Ecuador exported $196M to Mexico. The main products exported from Ecuador to Mexico were Cocoa Beans ($67.1M), Palm Oil ($25.7M), and Processed Fish ($23.8M). During the last 27 years the exports of Ecuador to Mexico have increased at an annualized rate of 4.76%, from $55.9M in 1995 to $196M in 2022.

Exports from Mexico (Flag) to Ecuador (Flag) (2022)

Exports from Ecuador (Flag) to Mexico (Flag) (2022)

Latest Data

Trade between Mexico (Flag) and Ecuador (Flag)

Mexico Exports

Ecuador Exports

Market Competitiveness

Color
Mexico
Top Destination
United States$421B
Ecuador
Top Destination
United States$9.86B

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

In 2021, countries that imported more from Mexico than Ecuador were United States ($421B), Canada ($22.2B), and Chinese Taipei ($7.86B).

In 2021, countries that imported more from Ecuador than Mexico were Panama ($4.97B), Russia ($994M), and Iraq ($82.2M).

Difference in imports from Ecuador (Flag) and Mexico (Flag) (2022)

Comparative Advantage Mexico - Ecuador

Flow
Scale

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

During 2022, Mexico had a large net trade with Ecuador in the exports of Chemical Products ($157M), Machines ($155M), and Transportation ($91.7M).

During 2022, Ecuador had a large net trade with Mexico in the exports of Foodstuffs ($107M), Animal and Vegetable Bi-Products ($27.2M), and Mineral Products ($20.2M).

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 Mexico has comparative advantage over Ecuador. Similarly, the more yellow a dot/product is, the more Ecuador has comparative advantage over Mexico.

Product Space of Mexico (Flag) and Ecuador (Flag) (2022)

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