2022
Flag  
GDP
$29.8BCURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 130 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC 
$1,488CURRENT US$
Rnk 158 / 186
2012-2022
Flag
GDP PC GROWTH
-14%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186

About

Zambia-Ecuador Trade: In 2022, Zambia exported $347k to Ecuador. The main products that Zambia exported to Ecuador were Ferroalloys ($347k). Over the past 23 years the exports of Zambia to Ecuador have increased at an annualized rate of 10.7%, from $33.2k in 1999 to $347k in 2022.

In 2022, Zambia did not export any services to Ecuador.

Ecuador-Zambia Trade: In 2022, Ecuador exported $131k to Zambia. The main products that Ecuador exported to Zambia were Packaged Medicaments ($50.4k), Other Vegetable Oils ($44k), and Crustaceans ($28.8k). Over the past 23 years the exports of Ecuador to Zambia have increased at an annualized rate of 96.4%,  from $4.49k in 1999 to $131k in 2022.

In 2022, Ecuador did not export any services to Zambia.

Comparison: In 2022,  Zambia ranked 96 in the Economic Complexity Index (ECI -0.7), and 88 in total exports ($14.8B). 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, Zambia exported $347k to Ecuador. The main products exported from Zambia to Ecuador were Ferroalloys ($347k). During the last 23 years the exports of Zambia to Ecuador have increased at an annualized rate of 10.7%, from $33.2k in 1999 to $347k in 2022.

In 2017, Ecuador exported $131k to Zambia. The main products exported from Ecuador to Zambia were Packaged Medicaments ($50.4k), Other Vegetable Oils ($44k), and Crustaceans ($28.8k). During the last 5 years the exports of Ecuador to Zambia have increased at an annualized rate of 96.4%, from $4.49k in 2022 to $131k in 2017.

Exports from Zambia (Flag) to Ecuador (Flag) (2022)

Exports from Ecuador (Flag) to Zambia (Flag) (2022)

Market Competitiveness

Color
Zambia
Top Destination
Switzerland$4.5B
Ecuador
Top Destination
United States$9.86B

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

In 2022, countries that imported more from Zambia than Ecuador included Switzerland ($4.5B), Democratic Republic of the Congo ($1.51B), and Pitcairn Islands ($1.49B).

In 2022, countries that imported more from Ecuador than Zambia included United States ($9.86B), Panama ($4.97B), and China ($6.17B).

Difference in imports from Ecuador (Flag) and Zambia (Flag) (2022)

Comparative Advantage Zambia - Ecuador

Flow
Scale

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

During 2022, Zambia had a large net trade with Ecuador in the exports of Metals ($347k).

During 2017, Ecuador had a large net trade with Zambia in the exports of Chemical Products ($50.4k), Animal and Vegetable Bi-Products ($44k), and Animal Products ($28.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Zambia Ecuador+$2.73kRefined Copper
Top Product Potential Ecuador Zambia+$99.7kPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Zambia (Flag) and Ecuador (Flag) (2022)

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