HS Icon Cars in  Flag Ecuador

2021
Exports | Imports
: $635k | $878M, World Rnk 139 / 218
Flag Rnk 303 / 984 | World Rnk 68 / 226
Flag Rnk 3 / 1165

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $139k | $175M, Colombia |  China

2021
ECONOMIC COMPLEXITY of Ecuador
: -0.89, Rnk 104 / 131

2021
PRODUCT COMPLEXITY IN Cars
: 0.9, Rnk 202 / 1029

Exports In 2021, Ecuador exported $635k in Cars, making it the 139th largest exporter of Cars in the world. At the same year, Cars was the 303rd most exported product in Ecuador. The main destination of Cars exports from Ecuador are: Colombia ($223k), Peru ($75k), Netherlands ($63.5k), Germany ($54.5k), and Finland ($44.9k).

The fastest growing export markets for Cars of Ecuador between 2020 and 2021 were Colombia ($139k), Netherlands ($63.5k), and Germany ($47.6k).

Imports In 2021, Ecuador imported $878M in Cars, becoming the 68th largest importer of Cars in the world. At the same year, Cars was the 3rd most imported product in Ecuador. Ecuador imports Cars primarily from: China ($285M), Colombia ($86.1M), Brazil ($81.3M), South Korea ($81.1M), and Mexico ($59.1M).

The fastest growing import markets in Cars for Ecuador between 2020 and 2021 were China ($175M), Brazil ($56.9M), and South Korea ($32.6M).

Tariffs In 2018, the average tariff for Ecuador in Cars was 35.4%. The countries with the highest import tariffs for Cars were Cyprus (Most Favoured Nation duty rate treatment, 38.8%), Austria (Most Favoured Nation duty rate treatment, 38.8%), Belgium (Most Favoured Nation duty rate treatment, 38.8%), Bulgaria (Most Favoured Nation duty rate treatment, 38.8%), and Czechia (Most Favoured Nation duty rate treatment, 38.8%).

N/A

Mar 2023

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2021): $635k

IMPORTS (2021): $878M

NET TRADE (2021): -$878M

In 2021, Ecuador exported $635k in Cars. The main destinations of Ecuador exports on Cars were Colombia ($223k), Peru ($75k), Netherlands ($63.5k), Germany ($54.5k), and Finland ($44.9k).

In 2021, Ecuador imported $878M in Cars, mainly from China ($285M), Colombia ($86.1M), Brazil ($81.3M), South Korea ($81.1M), and Mexico ($59.1M).

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Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR Ecuador WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Ecuador WERE (2020 - 2021):

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Market Concentration

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In 2021, Ecuador's main exporting competitors in Cars were:

In 2021, Ecuador's main importing competitors in Cars were:

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