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2023
Flag → Flag
Exports $40.2MRnk 141 / 216
2023
Flag → Flag
Exports $617MRnk 13 / 174
2023
Flag → Flag
Top Product $463MGold
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC$6,610CURRENT US$
Rnk 109 / 196
2013-2023
Flag
GDP PC GROWTH8.19%CURRENT US$
Rnk 141 / 195

About

United Arab Emirates-Ecuador Trade: In 2023, United Arab Emirates exported $40.2M to Ecuador. The main products that United Arab Emirates exported to Ecuador were N/A. Over the past 5 years the exports of United Arab Emirates to Ecuador have increased at an annualized rate of 15.9%, from $19.2M in 2018 to $40.2M in 2023.

In 2023, United Arab Emirates did not export any services to Ecuador.

Ecuador-United Arab Emirates Trade: In 2023, Ecuador exported $617M to United Arab Emirates. The main products that Ecuador exported to United Arab Emirates were Gold ($463M), Bananas ($98.2M), and Crustaceans ($37.1M). Over the past 5 years the exports of Ecuador to United Arab Emirates have increased at an annualized rate of 27%,  from $71.8M in 2018 to $617M in 2023.

In 2023, Ecuador did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). That same year, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $40.2M to Ecuador. There were not main exports from United Arab Emirates to Ecuador in 2023. During the last 5 years the exports of United Arab Emirates to Ecuador have increased at an annualized rate of 15.9%, from $19.2M in 2018 to $40.2M in 2023.

In 2018, Ecuador exported $617M to United Arab Emirates. The main products exported from Ecuador to United Arab Emirates were Gold ($463M), Bananas ($98.2M), and Crustaceans ($37.1M). During the last 5 years the exports of Ecuador to United Arab Emirates have increased at an annualized rate of 27%, from $71.8M in 2023 to $617M in 2018.

Exports from United Arab Emirates (Flag) to Ecuador (Flag) (2023)

Exports from Ecuador (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Ecuador (Flag)

United Arab Emirates Exports

Ecuador Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Ecuador
Top DestinationUnited States$8.34B

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

In 2023, countries that imported more from United Arab Emirates than Ecuador included India ($38.2B), Japan ($37.4B), and China ($40.2B).

In 2023, countries that imported more from Ecuador than United Arab Emirates included Panama ($4.38B), United States ($8.34B), and Peru ($1.15B).

Difference in imports from Ecuador (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Ecuador

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with Ecuador in the exports of N/A.

During 2018, Ecuador had a large net trade with United Arab Emirates in the exports of Precious Metals ($464M), Vegetable Products ($108M), and Animal Products ($37.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Ecuador+$3.53MCars
Top Product Potential Ecuador United Arab Emirates+$36.9MGold

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 United Arab Emirates and Ecuador. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Ecuador (Flag) (2023)

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