Flag United States / Ecuador Flag

2021
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Exports
: $5.16B, Rnk 43 / 217

2021
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Top Product
: $1.21B, Refined Petroleum

2021
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Exports
: $6.5B, Rnk 1 / 170

2021
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Top Product
: $1.99B, Crude Petroleum

2021
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Economic Complexity (ECI)
: ECI 1.46, Rnk 10 / 131

2021
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Economic Complexity (ECI)
: ECI -0.89, Rnk 104 / 131

2021
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GDP
: $23T, CURRENT US$
Rnk 1 / 182

2011-2021
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GDP GROWTH
: 47.4%, CURRENT US$
Rnk 56 / 182

2021
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 GDP
: $106B, CURRENT US$
Rnk 60 / 182

2011-2021
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GDP GROWTH
: 33.9%, CURRENT US$
Rnk 79 / 182

2021
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GDP PC 
: $69,288, CURRENT US$
Rnk 7 / 182

2011-2021
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GDP PC GROWTH
: 38.4%, CURRENT US$
Rnk 44 / 182

2021
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GDP PC
: $5,935, CURRENT US$
Rnk 92 / 182

2011-2021
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GDP PC GROWTH
: 14.1%, CURRENT US$
Rnk 90 / 182

United States-Ecuador In 2021, United States exported $5.16B to Ecuador. The main products that United States exported to Ecuador are Refined Petroleum ($1.21B), Petroleum Gas ($603M), and Coal Tar Oil ($510M). During the last 26 years the exports of United States to Ecuador have increased at an annualized rate of 4.87%, from $1.5B in 1995 to $5.16B in 2021.

In 2021, United States did not export any services to Ecuador.

Ecuador-United States In 2021, Ecuador exported $6.5B to United States. The main products that Ecuador exported to United States were Crude Petroleum ($1.99B), Crustaceans ($1.33B), and Refined Petroleum ($570M). During the last 26 years the exports of Ecuador to United States have increased at an annualized rate of 4.9%, from $1.87B in 1995 to $6.5B in 2021.

In 2021, Ecuador did not export any services to United States.

Comparison In 2021,  United States ranked 10 in the Economic Complexity Index (ECI 1.46), and 2 in total exports ($1.63T). That same year, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.89), and 68 in total exports ($27.3B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, United States exported $5.16B to Ecuador. The main products exported from United States to Ecuador were Refined Petroleum ($1.21B), Petroleum Gas ($603M), and Coal Tar Oil ($510M). During the last 26 years the exports of United States to Ecuador have increased at an annualized rate of 4.87%, from $1.5B in 1995 to $5.16B in 2021.

In 2021, Ecuador exported $6.5B to United States. The main products exported from Ecuador to United States were Crude Petroleum ($1.99B), Crustaceans ($1.33B), and Refined Petroleum ($570M). During the last 26 years the exports of Ecuador to United States have increased at an annualized rate of 4.9%, from $1.87B in 1995 to $6.5B in 2021.

Market Competitiveness

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Color

United States
Top Destination
: Canada, $259B

Ecuador
Top Destination
: United States, $6.5B

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

In 2021, countries that imported more from United States than Ecuador were Canada ($259B), Mexico ($247B), and China ($151B).

In 2021, countries that imported more from Ecuador than United States were American Samoa ($1.31M), Guam ($237k), and Bonaire ($11.6k).

Comparative Advantage United States - Ecuador

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Flow
Scale

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

During 2021, United States had a large net trade with Ecuador in the exports of Mineral Products ($2.39B), Machines ($758M), and Chemical Products ($485M).

During 2021, Ecuador had a large net trade with United States in the exports of Mineral Products ($2.56B), Animal Products ($1.53B), and Vegetable Products ($1.16B).

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 yellow.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Ecuador. Similarly, the more yellow a dot/product is, the more Ecuador has comparative advantage over United States.