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2022
Flag → Flag
Exports $276MRnk 61 / 210
2022
Flag → Flag
Top Product $34.7MRefined Petroleum
2022
Flag → Flag
Exports $93.9MRnk 34 / 170
2022
Flag → Flag
Top Product $71.4MPrecious Metal Ore
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Chinese Taipei-Ecuador Trade: In 2022, Chinese Taipei exported $276M to Ecuador. The main products that Chinese Taipei exported to Ecuador were Refined Petroleum ($34.7M), Styrene Polymers ($24.9M), and Motor vehicles; parts and accessories (8701 to 8705) ($15M). Over the past 5 years the exports of Chinese Taipei to Ecuador have increased at an annualized rate of 10.1%, from $171M in 2017 to $276M in 2022.

In 2022, Chinese Taipei did not export any services to Ecuador.

Ecuador-Chinese Taipei Trade: In 2022, Ecuador exported $93.9M to Chinese Taipei. The main products that Ecuador exported to Chinese Taipei were Precious Metal Ore ($71.4M), Crustaceans ($11.4M), and Cut Flowers ($2.37M). Over the past 5 years the exports of Ecuador to Chinese Taipei have increased at an annualized rate of 48%,  from $13.2M in 2017 to $93.9M in 2022.

In 2022, Ecuador did not export any services to Chinese Taipei.

Comparison: In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). That same year, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chinese Taipei exported $276M to Ecuador. The main products exported from Chinese Taipei to Ecuador were Refined Petroleum ($34.7M), Styrene Polymers ($24.9M), and Motor vehicles; parts and accessories (8701 to 8705) ($15M). During the last 5 years the exports of Chinese Taipei to Ecuador have increased at an annualized rate of 10.1%, from $171M in 2017 to $276M in 2022.

In 2017, Ecuador exported $93.9M to Chinese Taipei. The main products exported from Ecuador to Chinese Taipei were Precious Metal Ore ($71.4M), Crustaceans ($11.4M), and Cut Flowers ($2.37M). During the last 5 years the exports of Ecuador to Chinese Taipei have increased at an annualized rate of 48%, from $13.2M in 2022 to $93.9M in 2017.

Exports from Chinese Taipei (Flag) to Ecuador (Flag) (2022)

Exports from Ecuador (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$121B
Ecuador
Top DestinationUnited States$9.86B

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

In 2022, countries that imported more from Chinese Taipei than Ecuador included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2022, countries that imported more from Ecuador than Chinese Taipei included Panama ($4.97B), Chile ($1.34B), and Peru ($1.02B).

Difference in imports from Ecuador (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Ecuador

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Ecuador in the exports of Machines ($69.8M), Plastics and Rubbers ($65.5M), and Mineral Products ($41.2M).

During 2017, Ecuador had a large net trade with Chinese Taipei in the exports of Mineral Products ($73.6M), Animal Products ($11.7M), and Vegetable Products ($4.04M).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Ecuador (Flag) (2022)

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