Flag Russia / Ecuador Flag

2019
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Exports
: $400M, Rnk 75 / 197

2019
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Top Product
: $242M, Refined Petroleum

2019
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Exports
: $888M, Rnk 6 / 169

2019
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Top Product
: $649M, Bananas

2019
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Economic Complexity (ECI)
: ECI 0.58, Rnk 45 / 146

2019
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Economic Complexity (ECI)
: ECI -0.76, Rnk 110 / 146

2019
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GDP
: $1.7T, CURRENT US$
Rnk 11 / 187

2009-2019
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GDP GROWTH
: 39%, CURRENT US$
Rnk 113 / 187

2019
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 GDP
: $107B, CURRENT US$
Rnk 59 / 187

2009-2019
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GDP GROWTH
: 71.8%, CURRENT US$
Rnk 58 / 187

2019
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GDP PC 
: $11,585, CURRENT US$
Rnk 65 / 187

2009-2019
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GDP PC GROWTH
: 35.3%, CURRENT US$
Rnk 81 / 187

2019
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GDP PC
: $6,184, CURRENT US$
Rnk 95 / 187

2009-2019
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GDP PC GROWTH
: 46.1%, CURRENT US$
Rnk 62 / 187

Russia-Ecuador In 2019, Russia exported $400M to Ecuador. The main products that Russia exported to Ecuador are Refined Petroleum ($242M), Nitrogenous Fertilizers ($61.6M), and Mixed Mineral or Chemical Fertilizers ($15.8M). During the last 23 years the exports of Russia to Ecuador have increased at an annualized rate of 16.6%, from $11.8M in 1996 to $400M in 2019.

In 2018, Russia exported services to Ecuador worth $1.3M, with Other business services ($500k), Communications services ($400k), and Transportation ($300k) being the largest in terms of value.

Ecuador-Russia In 2019, Ecuador exported $888M to Russia . The main products that Ecuador exported to Russia were Bananas ($649M), Cut Flowers ($127M), and Crustaceans ($48.9M). During the last 23 years the exports of Ecuador to Russia have increased at an annualized rate of 12%, from $65.1M in 1996 to $888M in 2019.

In 2019, Ecuador did not export any services to Russia.

Comparison In 2019,  Russia ranked 45 in the Economic Complexity Index (ECI 0.58), and 13 in total exports ($407B). That same year, Ecuador ranked 110 in the Economic Complexity Index (ECI -0.76), and 70 in total exports ($22.9B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Russia exported $400M to Ecuador. The main products exported from Russia to Ecuador were Refined Petroleum ($242M), Nitrogenous Fertilizers ($61.6M), and Mixed Mineral or Chemical Fertilizers ($15.8M). During the last 23 years the exports of Russia to Ecuador have increased at an annualized rate of 16.6%, from $11.8M in 1996 to $400M in 2019.

In 2019, Ecuador exported $888M to Russia. The main products exported from Ecuador to Russia were Bananas ($649M), Cut Flowers ($127M), and Crustaceans ($48.9M). During the last 24 years the exports of Ecuador to Russia have increased at an annualized rate of 12%, from $65.1M in 1995 to $888M in 2019.

Russia Exports

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Ecuador Exports

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Market Competitiveness

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Measure

Russia
Top Destination
: China, $58.1B

Ecuador
Top Destination
: United States, $6.76B

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

In 2019, countries that imported more from Russia than Ecuador were China ($58.1B), Netherlands ($41.7B), and Belarus ($20.5B).

In 2019, countries that imported more from Ecuador than Russia were Panama ($1.92B), Chile ($1.5B), and Peru ($993M).

Comparative Advantage Russia - Ecuador

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Depth

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

During 2019, Russia had a large net trade with Ecuador in the exports of Mineral Products ($243M), Chemical Products ($97.6M), and Paper Goods ($20.4M).

During 2019, Ecuador had a large net trade with Russia in the exports of Vegetable Products ($780M), Animal Products ($63.3M), and Foodstuffs ($43.5M).

Tariff Section

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This section shows import tariffs for products traded between Russia and Ecuador (using the HS6 product classification and the last year reported).

In 2019, the products from Russia that paid the highest import tariffs to enter Ecuador were Ethyl alcohol and other spirits, denatured (69k%) and Undenatured ethyl alcohol > 80% by volume (37.4k%).

In 2019, the products from Ecuador that paid the highest import tariffs to enter Russia were Vermouth and other flavoured grape wines - pack < 2l (189k%) and Undenatured ethyl alcohol > 80% by volume (116k%).

*The tariffs present between Russia and Ecuador are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
350: Russian Generalized System of Preference
350: Russian Generalized System of Preference

Bilateral Service Trade

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In 2018, Russia exported services to Ecuador worth $1.3M, with Other business services ($500k), Communications services ($400k), and Transportation ($300k) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Russia has comparative advantage over Ecuador. Similarly, the more red a dot/product is, the more Ecuador has comparative advantage over Russia.