2023
Flag  
GDP
$154MCURRENT US$
Rnk 194 / 195
2013-2023
Flag
GDP GROWTH
63.3%CURRENT US$
Rnk 45 / 195
2023
Flag
 GDP
$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH
23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC 
$12,983CURRENT US$
Rnk 78 / 195
2013-2023
Flag
GDP PC GROWTH
44.7%CURRENT US$
Rnk 54 / 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

Nauru-Ecuador Trade: In 2023, Nauru exported $7.35k to Ecuador. The main products that Nauru exported to Ecuador were Medical Instruments ($4.84k), Stone Processing Machines ($1.92k), and Opto-Electric Instrument Parts ($598). Over the past 6 years the exports of Nauru to Ecuador have decreased at an annualized rate of 6.52%, from $11k in 2017 to $7.35k in 2023.

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

Ecuador-Nauru In N/A, Ecuador did not export any products to Nauru.

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

Comparison In 2023,  Nauru ranked 185 in total exports ($205M), 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, Nauru exported $7.35k to Ecuador. The main products exported from Nauru to Ecuador were Medical Instruments ($4.84k), Stone Processing Machines ($1.92k), and Opto-Electric Instrument Parts ($598). During the last 6 years the exports of Nauru to Ecuador have decreased at an annualized rate of 6.52%, from $11k in 2017 to $7.35k in 2023.

Ecuador does not register exports to Nauru.

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

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

Market Competitiveness

Color
Nauru
Top Destination
Thailand$160M
Ecuador
Top Destination
United States$8.34B

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

In 2023, countries that imported more from Nauru than Ecuador included Thailand ($160M), Philippines ($22.9M), and Andorra ($429k).

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

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

Comparative Advantage Nauru - Ecuador

Flow
Scale

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

During 2023, Nauru had a large net trade with Ecuador in the exports of Instruments ($5.44k), Machines ($1.92k), and Transportation ($1).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with