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Pricing

2022
Flag → Flag
Exports $20.7MRnk 151 / 219
2022
Flag → Flag
Top Product $3.26MPackaged Medicaments
2022
Flag → Flag
Exports $302MRnk 18 / 170
2022
Flag → Flag
Top Product $165MGold
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag  
GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC $53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

United Arab Emirates-Ecuador Trade: In 2022, United Arab Emirates exported $20.7M to Ecuador. The main products that United Arab Emirates exported to Ecuador were Packaged Medicaments ($3.26M), Raw Aluminium ($2.99M), and Electric Generating Sets ($1.38M). Over the past 5 years the exports of United Arab Emirates to Ecuador have increased at an annualized rate of 6.02%, from $15.5M in 2017 to $20.7M in 2022.

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

Ecuador-United Arab Emirates Trade: In 2022, Ecuador exported $302M to United Arab Emirates. The main products that Ecuador exported to United Arab Emirates were Gold ($165M), Bananas ($77.4M), and Crustaceans ($48.4M). Over the past 5 years the exports of Ecuador to United Arab Emirates have increased at an annualized rate of 32.2%,  from $42.8M in 2017 to $302M in 2022.

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

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). 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, United Arab Emirates exported $20.7M to Ecuador. The main products exported from United Arab Emirates to Ecuador were Packaged Medicaments ($3.26M), Raw Aluminium ($2.99M), and Electric Generating Sets ($1.38M). During the last 5 years the exports of United Arab Emirates to Ecuador have increased at an annualized rate of 6.02%, from $15.5M in 2017 to $20.7M in 2022.

In 2017, Ecuador exported $302M to United Arab Emirates. The main products exported from Ecuador to United Arab Emirates were Gold ($165M), Bananas ($77.4M), and Crustaceans ($48.4M). During the last 5 years the exports of Ecuador to United Arab Emirates have increased at an annualized rate of 32.2%, from $42.8M in 2022 to $302M in 2017.

Exports from United Arab Emirates (Flag) to Ecuador (Flag) (2022)

Exports from Ecuador (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

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

United Arab Emirates Exports

Ecuador Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationIndia$51B
Ecuador
Top DestinationUnited States$9.86B

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 2022, countries that imported more from United Arab Emirates than Ecuador included India ($51B), Japan ($40.9B), and Saudi Arabia ($27.8B).

In 2022, countries that imported more from Ecuador than United Arab Emirates included Panama ($4.97B), United States ($9.86B), and Chile ($1.34B).

Difference in imports from Ecuador (Flag) and United Arab Emirates (Flag) (2022)

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 2022, United Arab Emirates had a large net trade with Ecuador in the exports of Chemical Products ($5.01M), Machines ($4M), and Metals ($3.48M).

During 2017, Ecuador had a large net trade with United Arab Emirates in the exports of Precious Metals ($165M), Vegetable Products ($81.6M), and Animal Products ($48.4M).

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) (2022)

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