Argentina (ARG) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

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Argentina-Ecuador Trade: In 2023, Argentina exported $528M to Ecuador. The main products that Argentina exported to Ecuador were Soybean Meal ($186M), Packaged Medicaments ($66.9M), and Delivery Trucks ($57.4M). Over the past 5 years the exports of Argentina to Ecuador have increased at an annualized rate of 4.91%, from $416M in 2018 to $528M in 2023.

In 2023, Argentina did not export any services to Ecuador.

Ecuador-Argentina Trade: In 2023, Ecuador exported $328M to Argentina. The main products that Ecuador exported to Argentina were Bananas ($185M), Processed Fish ($85.4M), and Cocoa Paste ($8.3M). Over the past 5 years the exports of Ecuador to Argentina have increased at an annualized rate of 1.01%, from $312M in 2018 to $328M in 2023.

In 2023, Ecuador did not export any services to Argentina.

Comparison: In 2023, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Argentina exported $528M to Ecuador. The main products exported from Argentina to Ecuador were Soybean Meal ($186M), Packaged Medicaments ($66.9M), and Delivery Trucks ($57.4M). During the last 5 years the exports of Argentina to Ecuador have increased at an annualized rate of 4.91%, from $416M in 2018 to $528M in 2023.

In 2018, Ecuador exported $328M to Argentina. The main products exported from Ecuador to Argentina were Bananas ($185M), Processed Fish ($85.4M), and Cocoa Paste ($8.3M). During the last 5 years the exports of Ecuador to Argentina have increased at an annualized rate of 1.01%, from $312M in 2023 to $328M in 2018.

Exports from Argentina () to Ecuador () (2023)

Exports from Ecuador () to Argentina () (2023)

Latest Data

Trade between Argentina () and Ecuador ()

Argentina Exports

Date

Ecuador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Argentina
Top DestinationBrazil$12.1B

Ecuador
Top DestinationUnited States$8.34B

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

In 2023, countries that imported more from Argentina than Ecuador included Brazil ($12.1B), Chile ($5.57B), and Vietnam ($2.07B).

In 2023, countries that imported more from Ecuador than Argentina included Panama ($4.38B), China ($7.96B), and United States ($8.34B).

Difference in imports from Ecuador () and Argentina () (2023)

Comparative Advantage Argentina - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Argentina had a large net trade with Ecuador in the exports of Foodstuffs ($216M), Chemical Products ($107M), and Transportation ($69.4M).

During 2018, Ecuador had a large net trade with Argentina in the exports of Vegetable Products ($191M), Foodstuffs ($114M), and Animal and Vegetable Bi-Products ($10.5M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Argentina Ecuador+$6.23kRefined Petroleum

Top Product Potential Ecuador Argentina+$6.97kRefined Petroleum

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Argentina () to Ecuador () (2023)

Exports from Ecuador () to Argentina () (2023)

Latest Data

Trade between Argentina () and Ecuador ()

Argentina Exports

Ecuador Exports

Market Competitiveness

Difference in imports from Ecuador () and Argentina () (2023)

Comparative Advantage Argentina - Ecuador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Argentina () and Ecuador () (2023)

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