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Pricing

2022
Flag → Flag
Exports $815MRnk 26 / 168
2022
Flag → Flag
Top Product $305MSoybean Meal
2022
Flag → Flag
Exports $314MRnk 17 / 170
2022
Flag → Flag
Top Product $155MBananas
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag  
GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC $13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Argentina-Ecuador Trade: In 2022, Argentina exported $815M to Ecuador. The main products that Argentina exported to Ecuador were Soybean Meal ($305M), Wheat ($133M), and Refined Petroleum ($104M). Over the past 5 years the exports of Argentina to Ecuador have increased at an annualized rate of 15.6%, from $394M in 2017 to $815M in 2022.

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

Ecuador-Argentina Trade: In 2022, Ecuador exported $314M to Argentina. The main products that Ecuador exported to Argentina were Bananas ($155M), Processed Fish ($99.6M), and Cocoa Paste ($8.32M). Over the past 5 years the exports of Ecuador to Argentina have increased at an annualized rate of 1.87%,  from $287M in 2017 to $314M in 2022.

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

Comparison: In 2022,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B). 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, Argentina exported $815M to Ecuador. The main products exported from Argentina to Ecuador were Soybean Meal ($305M), Wheat ($133M), and Refined Petroleum ($104M). During the last 5 years the exports of Argentina to Ecuador have increased at an annualized rate of 15.6%, from $394M in 2017 to $815M in 2022.

In 2017, Ecuador exported $314M to Argentina. The main products exported from Ecuador to Argentina were Bananas ($155M), Processed Fish ($99.6M), and Cocoa Paste ($8.32M). During the last 5 years the exports of Ecuador to Argentina have increased at an annualized rate of 1.87%, from $287M in 2022 to $314M in 2017.

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

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

Latest Data

Trade between Argentina (Flag) and Ecuador (Flag)

Argentina Exports

Ecuador Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.6B
Ecuador
Top DestinationUnited States$9.86B

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 2022, countries that imported more from Argentina than Ecuador included Brazil ($12.6B), Chile ($5.11B), and India ($4.38B).

In 2022, countries that imported more from Ecuador than Argentina included Panama ($4.97B), United States ($9.86B), and Russia ($994M).

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

Comparative Advantage Argentina - Ecuador

Flow
Scale

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

During 2022, Argentina had a large net trade with Ecuador in the exports of Foodstuffs ($339M), Vegetable Products ($183M), and Mineral Products ($105M).

During 2017, Ecuador had a large net trade with Argentina in the exports of Vegetable Products ($160M), Foodstuffs ($127M), and Animal and Vegetable Bi-Products ($11.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

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

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