Flag United States / Ecuador Flag

2019
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Exports
: $4.72B, Rnk 46 / 218

2019
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Top Product
: $1.47B, Refined Petroleum

2019
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Exports
: $6.76B, Rnk 1 / 169

2019
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Top Product
: $3.84B, Crude Petroleum

2019
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Economic Complexity (ECI)
: ECI 1.58, Rnk 10 / 146

2019
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Economic Complexity (ECI)
: ECI -0.76, Rnk 110 / 146

2019
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GDP
: $21.4T, CURRENT US$
Rnk 1 / 187

2009-2019
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GDP GROWTH
: 48.3%, CURRENT US$
Rnk 96 / 187

2019
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 GDP
: $107B, CURRENT US$
Rnk 59 / 187

2009-2019
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GDP GROWTH
: 71.8%, CURRENT US$
Rnk 58 / 187

2019
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GDP PC 
: $65,298, CURRENT US$
Rnk 8 / 187

2009-2019
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GDP PC GROWTH
: 38.6%, CURRENT US$
Rnk 76 / 187

2019
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GDP PC
: $6,184, CURRENT US$
Rnk 95 / 187

2009-2019
Flag
GDP PC GROWTH
: 46.1%, CURRENT US$
Rnk 62 / 187

United States-Ecuador In 2019, United States exported $4.72B to Ecuador. The main products that United States exported to Ecuador are Refined Petroleum ($1.47B), Coal Tar Oil ($485M), and Petroleum Gas ($363M). During the last 24 years the exports of United States to Ecuador have increased at an annualized rate of 5.11%, from $1.43B in 1995 to $4.72B in 2019.

In 2019, United States did not export any services to Ecuador.

Ecuador-United States In 2019, Ecuador exported $6.76B to United States . The main products that Ecuador exported to United States were Crude Petroleum ($3.84B), Crustaceans ($525M), and Bananas ($484M). During the last 24 years the exports of Ecuador to United States have increased at an annualized rate of 5.49%, from $1.87B in 1995 to $6.76B in 2019.

In 2019, Ecuador did not export any services to United States.

Comparison In 2019,  United States ranked 10 in the Economic Complexity Index (ECI 1.58), and 2 in total exports ($1.51T). That same year, Ecuador ranked 110 in the Economic Complexity Index (ECI -0.76), and 70 in total exports ($22.9B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, United States exported $4.72B to Ecuador. The main products exported from United States to Ecuador were Refined Petroleum ($1.47B), Coal Tar Oil ($485M), and Petroleum Gas ($363M). During the last 24 years the exports of United States to Ecuador have increased at an annualized rate of 5.11%, from $1.43B in 1995 to $4.72B in 2019.

In 2019, Ecuador exported $6.76B to United States. The main products exported from Ecuador to United States were Crude Petroleum ($3.84B), Crustaceans ($525M), and Bananas ($484M). During the last 24 years the exports of Ecuador to United States have increased at an annualized rate of 5.49%, from $1.87B in 1995 to $6.76B in 2019.

United States Exports

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Ecuador Exports

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Market Competitiveness

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Measure

United States
Top Destination
: Canada, $252B

Ecuador
Top Destination
: United States, $6.76B

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 2019, countries that imported more from United States than Ecuador were Canada ($252B), Mexico ($235B), and China ($103B).

In 2019, countries that imported more from Ecuador than United States were Pitcairn Islands ($2.25M), Guam ($107k), and Bonaire ($4.55k).

Comparative Advantage United States - Ecuador

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Depth

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

During 2019, United States had a large net trade with Ecuador in the exports of Mineral Products ($2.34B), Machines ($743M), and Chemical Products ($368M).

During 2019, Ecuador had a large net trade with United States in the exports of Mineral Products ($4.04B), Vegetable Products ($1.06B), and Animal Products ($713M).

Tariff Section

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This section shows import tariffs for products traded between United States and Ecuador (using the HS6 product classification and the last year reported).

In 2019, the products from United States that paid the highest import tariffs to enter Ecuador were Grape wines, alcoholic grape must nes (230k%) and Wine; still, in containers holding more than 2 litres but not more than 10 litres (212k%).

In 2019, the products from Ecuador that paid the highest import tariffs to enter United States were Vermouth and other flavoured grape wines - pack < 2l (189k%) and Undenatured ethyl alcohol > 80% by volume (116k%).

*The tariffs present between United States and Ecuador are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
388: United States Generalized System of Preference

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