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Pricing

2022
Flag → Flag
Exports $8.08BRnk 39 / 219
2022
Flag → Flag
Top Product $3.26BRefined Petroleum
2022
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Exports $9.86BRnk 1 / 170
2022
Flag → Flag
Top Product $4.5BCrude Petroleum
2022
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Economic Complexity (ECI) ECI 1.41Rnk 10 / 124
2022
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Economic Complexity (ECI) ECI -0.96Rnk 102 / 124
2022
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GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
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GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
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GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
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GDP PC$6,391CURRENT US$
Rnk 101 / 186
2012-2022
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GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

United States-Ecuador In 2022, United States exported $8.08B to Ecuador. The main products that United States exported to Ecuador are Refined Petroleum ($3.26B), Coal Tar Oil ($809M), and Petroleum Gas ($784M). During the last 27 years the exports of United States to Ecuador have increased at an annualized rate of 6.19%, from $1.59B in 1995 to $8.08B in 2022.

In 2022, United States did not export any services to Ecuador.

Ecuador-United States In 2022, Ecuador exported $9.86B to United States. The main products that Ecuador exported to United States were Crude Petroleum ($4.5B), Crustaceans ($1.63B), and Refined Petroleum ($579M). During the last 27 years the exports of Ecuador to United States have increased at an annualized rate of 6.32%, from $1.88B in 1995 to $9.86B in 2022.

In 2022, Ecuador did not export any services to United States.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, Ecuador ranked 102 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

COMPANIES In 2023, leading companies such as DOLE FRESH FRUIT COMPANY (81.3k), ONE BANANA NORTH AMERICA CORP. (3.21k), and CHIQUITA FRESH NORTH AMERICA LLC (3.1k) were at the forefront of exporting goods from Ecuador to the United States. Conversely, UNION DE BANANEROS ECUATORIANOS S.A (56.6k), ASOCIACION DE AGRICULTORES BANANERO (13.7k), and ASOCIACION DE PEQUENOS PRODUCTORES (2.39k) were notable for importing Ecuador products to the United States.

Latest Trends

January, 2024

About

Overview In January 2024, United States exported $464M and imported $635M from Ecuador, resulting in a negative trade balance of $171M. Between January 2023 and January 2024 the exports of United States have decreased by $-195M (-29.6%) from $659M to $464M, while imports decreased by $-254M (-28.6%) from $889M to $635M.

Trade In January 2024, the top exports of United States to Ecuador were Refined Petroleum ($325M), Petroleum Gas ($61.8M), Soybean Meal ($49.6M), Telephones ($19.8M), and Commodities not elsewhere specified ($16.3M). In January 2024 the top imports of United States from Ecuador were Crude Petroleum ($385M), Crustaceans ($114M), Cut Flowers ($75M), Refined Petroleum ($74.6M), and Bananas ($52.4M).

Origins In January 2024 the exports of United States were mainly from Texas ($160M), Florida ($65.3M), Louisiana ($49.3M), California ($40M), and Washington ($34.3M), while imports destinations were mainly California ($276M), Florida ($174M), New Jersey ($40.6M), and New York ($28.7M).

Growth In January 2024, the decrease in United States's year-by-year exports to Ecuador was explained primarily by an decrease in product exports in Kraft Paper ($-12.1M or -63.8%), Vinyl Chloride Polymers ($-10M or -73.1%), and Ethylene Polymers ($-9.81M or -49.8%). In January 2024, the decrease in United States's year-by-year imports  from Ecuador was explained primarily by an decrease in product imports  in Cocoa Beans ($-2.56M or -21.3%), Fish Fillets ($-2.3M or -14.3%), and Aluminium Bars ($-1.82M or -28.3%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)$-195M(-29.6%)
IMPORT GROWTH (January 2023 - January 2024)$-254M(-28.6%)
MAIN EXPORTER (January 2024)Texas$160M

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

To check Ecuador and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $8.08B to Ecuador. The main products exported from United States to Ecuador were Refined Petroleum ($3.26B), Coal Tar Oil ($809M), and Petroleum Gas ($784M). During the last 27 years the exports of United States to Ecuador have increased at an annualized rate of 6.19%, from $1.59B in 1995 to $8.08B in 2022.

In 2022, Ecuador exported $9.86B to United States. The main products exported from Ecuador to United States were Crude Petroleum ($4.5B), Crustaceans ($1.63B), and Refined Petroleum ($579M). During the last 27 years the exports of Ecuador to United States have increased at an annualized rate of 6.32%, from $1.88B in 1995 to $9.86B in 2022.

Exports from United States (Flag) to Ecuador (Flag) (2022)

Exports from Ecuador (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Ecuador
Top DestinationUnited States$9.86B

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 ($308B), Mexico ($294B), and China ($151B).

In 2021, countries that imported more from Ecuador than United States were Guam ($348k) and Bonaire ($10.9k).

Difference in imports from Ecuador (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Ecuador

Flow
Scale

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

During 2022, United States had a large net trade with Ecuador in the exports of Mineral Products ($4.92B), Machines ($790M), and Foodstuffs ($544M).

During 2022, Ecuador had a large net trade with United States in the exports of Mineral Products ($5.08B), Animal Products ($1.86B), and Vegetable Products ($1.27B).

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

Product Space of United States (Flag) and Ecuador (Flag) (2022)

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