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2023
Flag → Flag
Exports $5.98BRnk 66 / 208
2023
Flag → Flag
Top Product $406MCars
2023
Flag → Flag
Exports $7.96BRnk 2 / 174
2023
Flag → Flag
Top Product $3.82BCrustaceans
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
Flag  
GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC$6,610CURRENT US$
Rnk 109 / 196
2013-2023
Flag
GDP PC GROWTH8.19%CURRENT US$
Rnk 141 / 195

About

China-Ecuador Trade: In 2023, China exported $5.98B to Ecuador. The main products that China exported to Ecuador were Cars ($406M), Broadcasting Equipment ($240M), and Coated Flat-Rolled Iron ($233M). Over the past 5 years the exports of China to Ecuador have increased at an annualized rate of 6.27%, from $4.42B in 2018 to $5.98B in 2023.

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

Ecuador-China Trade: In 2023, Ecuador exported $7.96B to China. The main products that Ecuador exported to China were Crustaceans ($3.82B), Crude Petroleum ($2.33B), and Copper Ore ($1.17B). Over the past 5 years the exports of Ecuador to China have increased at an annualized rate of 38.3%,  from $1.58B in 2018 to $7.96B in 2023.

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

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Latest Trends

December, 2024

About

Overview In December 2024, China exported $559M and imported $713M from Ecuador, resulting in a negative trade balance of $153M. Between December 2023 and December 2024 the exports of China have increased by $136M (32.2%) from $423M to $559M, while imports increased by $118M (19.8%) from $595M to $713M.

Trade In December 2024, the top exports of China to Ecuador were Cars ($24.2M), Delivery Trucks ($17.5M), Telephones ($13.5M), Motorcycles and cycles ($12.6M), and Computers ($10.2M). In December 2024 the top imports of China from Ecuador were Crustaceans ($323M), Precious Metal Ore ($16.6M), Bananas ($11M), Animal Meal and Pellets ($9.27M), and Other Wood Articles ($5.96M).

Origins In December 2024 the exports of China were mainly from Zhejiang Province ($113M), Guangdong Province ($82.9M), Jiangsu Province ($68.6M), Shandong Province ($64.4M), and Shanghai Province ($38.4M), while imports destinations were mainly Beijing ($316M), Zhejiang Province ($76.5M), Guangdong Province ($70.5M), Shandong Province ($66.6M), and Tianjin ($52.1M).

Growth In December 2024, the increase in China's year-by-year exports to Ecuador was explained primarily by an increase in product exports in Air Conditioners ($4.95M or 105%), Telephones ($4.77M or 54.7%), and Propylene Polymers ($3.44M or 1.44k%). In December 2024, the increase in China's year-by-year imports  from Ecuador was explained primarily by an increase in product imports  in Crustaceans ($111M or 52.5%), Animal Meal and Pellets ($7.93M or 590%), and Bananas ($5.42M or 97.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$136M(32.2%)
IMPORT GROWTH (December 2023 - December 2024)$118M(19.8%)
MAIN EXPORTER (December 2024)Zhejiang Province$113M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Ecuador and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ecuador and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $5.98B to Ecuador. The main products exported from China to Ecuador were Cars ($406M), Broadcasting Equipment ($240M), and Coated Flat-Rolled Iron ($233M). During the last 5 years the exports of China to Ecuador have increased at an annualized rate of 6.27%, from $4.42B in 2018 to $5.98B in 2023.

In 2018, Ecuador exported $7.96B to China. The main products exported from Ecuador to China were Crustaceans ($3.82B), Crude Petroleum ($2.33B), and Copper Ore ($1.17B). During the last 5 years the exports of Ecuador to China have increased at an annualized rate of 38.3%, from $1.58B in 2023 to $7.96B in 2018.

Exports from China (Flag) to Ecuador (Flag) (2023)

Exports from Ecuador (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Ecuador
Top DestinationUnited States$8.34B

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

In 2023, countries that imported more from China than Ecuador included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, countries that imported more from Ecuador than China included American Samoa ($660k), Guam ($586k), and Saint Martin ($28.5k).

Difference in imports from Ecuador (Flag) and China (Flag) (2023)

Comparative Advantage China - Ecuador

Flow
Scale

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

During 2023, China had a large net trade with Ecuador in the exports of Machines ($1.98B), Transportation ($948M), and Metals ($886M).

During 2018, Ecuador had a large net trade with China in the exports of Animal Products ($3.83B), Mineral Products ($3.7B), and Vegetable Products ($164M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Ecuador+$99.6MRefined Petroleum
Top Product Potential Ecuador China+$983MCrude 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 China and Ecuador. This means that a dot/product with the flag of China indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over China.

Product Space of China (Flag) and Ecuador (Flag) (2023)

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