Burundi (BDI) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

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Burundi-Ecuador Trade: In 2022, Burundi exported $164 to Ecuador. The main products that Burundi exported to Ecuador were Other Rubber Products ($135), Shaped Paper ($26), and Trunks and Cases ($3). Over the past 6 years the exports of Burundi to Ecuador have increased at an annualized rate of 3.3%, from $135 in 2016 to $164 in 2022.

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

Ecuador-Burundi Trade: In 2022, Ecuador exported $1.13k to Burundi. The main products that Ecuador exported to Burundi were Confectionery Sugar ($656), Baked Goods ($427), and House Linens ($44). Over the past 6 years the exports of Ecuador to Burundi have decreased at an annualized rate of 1.43%, from $1.21k in 2016 to $1.13k in 2022.

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

Comparison In 2022, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Burundi exported $164 to Ecuador. The main products exported from Burundi to Ecuador were Other Rubber Products ($135), Shaped Paper ($26), and Trunks and Cases ($3). During the last 6 years the exports of Burundi to Ecuador have increased at an annualized rate of 3.3%, from $135 in 2016 to $164 in 2022.

In 2017, Ecuador exported $1.13k to Burundi. The main products exported from Ecuador to Burundi were Confectionery Sugar ($656), Baked Goods ($427), and House Linens ($44). During the last 5 years the exports of Ecuador to Burundi have decreased at an annualized rate of 1.43%, from $1.21k in 2022 to $1.13k in 2017.

Exports from Burundi () to Ecuador () (2022)

Exports from Ecuador () to Burundi () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Burundi
Top DestinationUnited Arab Emirates$59.9M

Ecuador
Top DestinationUnited States$9.86B

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

In 2022, countries that imported more from Burundi than Ecuador included Democratic Republic of the Congo ($25.7M), Sudan ($9.21M), and Tanzania ($7.94M).

In 2022, countries that imported more from Ecuador than Burundi included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

Difference in imports from Ecuador () and Burundi () (2022)

Comparative Advantage Burundi - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Burundi had a large net trade with Ecuador in the exports of Plastics and Rubbers ($135), Paper Goods ($26), and Animal Hides ($3).

During 2017, Ecuador had a large net trade with Burundi in the exports of Foodstuffs ($1.08k) and Textiles ($44).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Burundi Ecuador+$2.54kRefined Petroleum

Top Product Potential Ecuador Burundi+$2.82kRefined 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 Burundi and Ecuador. This means that a dot/product with the flag of Burundi indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over Burundi.

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Historical Data

Bilateral Trade by Products

Exports from Burundi () to Ecuador () (2022)

Exports from Ecuador () to Burundi () (2022)

Market Competitiveness

Difference in imports from Ecuador () and Burundi () (2022)

Comparative Advantage Burundi - Ecuador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Burundi () and Ecuador () (2022)

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