2023
Flag  
GDP
$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 113 / 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 
$1,365CURRENT US$
Rnk 170 / 195
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 130 / 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

Pakistan-Ecuador Trade: In 2023, Pakistan exported $21M to Ecuador. The main products that Pakistan exported to Ecuador were Non-Knit Women's Suits ($2.38M), Non-Knit Men's Suits ($2.12M), and Light Synthetic Cotton Fabrics ($1.62M). Over the past 5 years the exports of Pakistan to Ecuador have increased at an annualized rate of 5.46%, from $16.1M in 2018 to $21M in 2023.

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

Ecuador-Pakistan Trade: In 2023, Ecuador exported $310k to Pakistan. The main products that Ecuador exported to Pakistan were Electric Motors ($122k), Animal Food ($93k), and Bananas ($40.2k). Over the past 5 years the exports of Ecuador to Pakistan have decreased at an annualized rate of 50.8%,  from $10.8M in 2018 to $310k in 2023.

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

Comparison: In 2023,  Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B). 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, Pakistan exported $21M to Ecuador. The main products exported from Pakistan to Ecuador were Non-Knit Women's Suits ($2.38M), Non-Knit Men's Suits ($2.12M), and Light Synthetic Cotton Fabrics ($1.62M). During the last 5 years the exports of Pakistan to Ecuador have increased at an annualized rate of 5.46%, from $16.1M in 2018 to $21M in 2023.

In 2018, Ecuador exported $310k to Pakistan. The main products exported from Ecuador to Pakistan were Electric Motors ($122k), Animal Food ($93k), and Bananas ($40.2k). During the last 5 years the exports of Ecuador to Pakistan have decreased at an annualized rate of 50.8%, from $10.8M in 2023 to $310k in 2018.

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

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

Latest Data

Trade between Pakistan (Flag) and Ecuador (Flag)

Pakistan Exports

Ecuador Exports

Market Competitiveness

Color
Pakistan
Top Destination
United States$5.18B
Ecuador
Top Destination
United States$8.34B

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

In 2023, countries that imported more from Pakistan than Ecuador included United Arab Emirates ($3.7B), Germany ($2.43B), and United Kingdom ($2.28B).

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

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

Comparative Advantage Pakistan - Ecuador

Flow
Scale

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

During 2023, Pakistan had a large net trade with Ecuador in the exports of Textiles ($14.3M), Machines ($1.74M), and Instruments ($1.14M).

During 2018, Ecuador had a large net trade with Pakistan in the exports of Machines ($134k), Foodstuffs ($132k), and Vegetable Products ($40.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Pakistan Ecuador+$987kMedical Instruments
Top Product Potential Ecuador Pakistan+$155kAnimal Food

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

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

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