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2023
Flag → Flag
Exports $349MRnk 50 / 212
2023
Flag → Flag
Top Product $116MRefined Petroleum
2023
Flag → Flag
Exports $100MRnk 35 / 174
2023
Flag → Flag
Top Product $81.1MPrecious Metal Ore
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
Flag
 GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC$6,610CURRENT US$
Rnk 109 / 196
2013-2023
Flag
GDP PC GROWTH8.19%CURRENT US$
Rnk 141 / 195

About

Chinese Taipei-Ecuador Trade: In 2023, Chinese Taipei exported $349M to Ecuador. The main products that Chinese Taipei exported to Ecuador were Refined Petroleum ($116M), Coal Tar Oil ($38.5M), and Styrene Polymers ($15.6M). Over the past 5 years the exports of Chinese Taipei to Ecuador have increased at an annualized rate of 12%, from $198M in 2018 to $349M in 2023.

In 2023, Chinese Taipei did not export any services to Ecuador.

Ecuador-Chinese Taipei Trade: In 2023, Ecuador exported $100M to Chinese Taipei. The main products that Ecuador exported to Chinese Taipei were Precious Metal Ore ($81.1M), Crustaceans ($12M), and Cut Flowers ($1.6M). Over the past 5 years the exports of Ecuador to Chinese Taipei have increased at an annualized rate of 65.9%,  from $7.98M in 2018 to $100M in 2023.

In 2023, Ecuador did not export any services to Chinese Taipei.

Comparison: In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B). 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, Chinese Taipei exported $349M to Ecuador. The main products exported from Chinese Taipei to Ecuador were Refined Petroleum ($116M), Coal Tar Oil ($38.5M), and Styrene Polymers ($15.6M). During the last 5 years the exports of Chinese Taipei to Ecuador have increased at an annualized rate of 12%, from $198M in 2018 to $349M in 2023.

In 2018, Ecuador exported $100M to Chinese Taipei. The main products exported from Ecuador to Chinese Taipei were Precious Metal Ore ($81.1M), Crustaceans ($12M), and Cut Flowers ($1.6M). During the last 5 years the exports of Ecuador to Chinese Taipei have increased at an annualized rate of 65.9%, from $7.98M in 2023 to $100M in 2018.

Exports from Chinese Taipei (Flag) to Ecuador (Flag) (2023)

Exports from Ecuador (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$101B
Ecuador
Top DestinationUnited States$8.34B

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 2023, countries that imported more from Chinese Taipei than Ecuador included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

In 2023, countries that imported more from Ecuador than Chinese Taipei included Panama ($4.38B), Chile ($1.11B), and Peru ($1.15B).

Difference in imports from Ecuador (Flag) and Chinese Taipei (Flag) (2023)

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 2023, Chinese Taipei had a large net trade with Ecuador in the exports of Mineral Products ($155M), Machines ($71.3M), and Plastics and Rubbers ($43.2M).

During 2018, Ecuador had a large net trade with Chinese Taipei in the exports of Mineral Products ($82M), Animal Products ($12M), and Vegetable Products ($3.21M).

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) (2023)

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