New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

2022
Flag → Flag
Exports $359MRnk 67 / 138
2022
Flag → Flag
Top Product $124MNitrogenous Fertilizers
2022
Flag → Flag
Exports $994MRnk 8 / 170
2022
Flag → Flag
Top Product $780MBananas
2022
Flag
Economic Complexity (ECI) ECI 0.42Rnk 45 / 124
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 102 / 124
2022
Flag  
GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC $15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Russia-Ecuador In 2022, Russia exported $359M to Ecuador. The main products that Russia exported to Ecuador are Nitrogenous Fertilizers ($124M), Refined Petroleum ($106M), and Coal Tar Oil ($31.7M). During the last 26 years the exports of Russia to Ecuador have increased at an annualized rate of 12%, from $19M in 1996 to $359M in 2022.

In 2020, Russia exported services to Ecuador worth $8.36M, with Construction services ($7.67M), Transportation ($448k), and Other business services ($108k) being the largest in terms of value.

Ecuador-Russia In 2022, Ecuador exported $994M to Russia. The main products that Ecuador exported to Russia were Bananas ($780M), Crustaceans ($138M), and Cut Flowers ($34.6M). During the last 26 years the exports of Ecuador to Russia have increased at an annualized rate of 11.1%, from $65.1M in 1996 to $994M in 2022.

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

Comparison In 2022,  Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B). That same year, Ecuador ranked 102 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $37M and imported $128M from Ecuador, resulting in a negative trade balance of $91.3M. Between January 2021 and January 2022 the exports of Russia have increased by $22M (146%) from $15M to $37M, while imports increased by $26.4M (26%) from $102M to $128M.

Trade In January 2022, the top exports of Russia to Ecuador were Kraft Paper ($3.76M), Refined Petroleum ($3.74M), Other Uncoated Paper ($1.85M), Mixed Mineral or Chemical Fertilizers ($1.63M), and Phosphinates (hypophosphites) and phosphonates (phosphites) ($1.25M). In January 2022 the top imports of Russia from Ecuador were Bananas ($81.4M), Crustaceans ($8.15M), Cut Flowers ($3.11M), Coffee and Tea Extracts ($2.88M), and Non-fillet Frozen Fish ($1.89M).

Origins In January 2022 the exports of Russia were mainly from VOLOGDA REGION ($11.5M), REPUBLIC OF BASHKORTOSTAN ($7.79M), ARKHANGELSK REGION ($4.06M), KOMI REPUBLIC ($3.77M), and MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($2.44M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($45.6M), ST. PETERSBURG ($26.8M), KRASNODAR TERRITORY ($25.3M), KALININGRAD REGION ($11.1M), and MOSCOW REGION ($7.11M).

Growth In January 2022, the increase in Russia's year-by-year exports to Ecuador was explained primarily by an increase in product exports in Refined Petroleum ($2.63M or 237%), Kraft Paper ($2.11M or 128%), and Other Uncoated Paper ($828k or 81.1%). In January 2022, the increase in Russia's year-by-year imports  from Ecuador was explained primarily by an increase in product imports  in Crustaceans ($4.7M or 136%), Non-fillet Frozen Fish ($1.23M or 184%), and Scrap Copper ($888k or 329%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2021 - January 2022)$22M(146%)
IMPORT GROWTH (January 2021 - January 2022)$26.4M(26%)
MAIN EXPORTER (January 2022)VOLOGDA REGION$11.5M

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Ecuador and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ecuador and Russia Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $359M to Ecuador. The main products exported from Russia to Ecuador were Nitrogenous Fertilizers ($124M), Refined Petroleum ($106M), and Coal Tar Oil ($31.7M). During the last 26 years the exports of Russia to Ecuador have increased at an annualized rate of 12%, from $19M in 1996 to $359M in 2022.

In 2022, Ecuador exported $994M to Russia. The main products exported from Ecuador to Russia were Bananas ($780M), Crustaceans ($138M), and Cut Flowers ($34.6M). During the last 27 years the exports of Ecuador to Russia have increased at an annualized rate of 11.1%, from $65.1M in 1995 to $994M in 2022.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Ecuador
Top DestinationUnited States$9.86B

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 2021, countries that imported more from Russia than Ecuador were China ($101B), India ($40.4B), and Germany ($27.7B).

In 2021, countries that imported more from Ecuador than Russia were Panama ($4.97B), Chile ($1.34B), and Peru ($1.02B).

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

Comparative Advantage Russia - Ecuador

Flow
Scale

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

During 2022, Russia had a large net trade with Ecuador in the exports of Chemical Products ($180M), Mineral Products ($140M), and Vegetable Products ($10.5M).

During 2022, Ecuador had a large net trade with Russia in the exports of Vegetable Products ($817M), Animal Products ($150M), and Foodstuffs ($27.4M).

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to Ecuador worth $8.36M, with Construction services ($7.67M), Transportation ($448k), and Other business services ($108k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Ecuador (Flag) (2020)

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms