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Pricing

2022
Flag → Flag
Exports $76Rnk 106 / 109
2022
Flag → Flag
Top Product $57Enzymes
2022
Flag → Flag
Exports $555kRnk 120 / 170
2022
Flag → Flag
Top Product $455kNon-fillet Frozen Fish
2022
Flag
Economic Complexity (ECI) ECI -1.42Rnk 124 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag  
GDP$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH-17.4%CURRENT US$
Rnk 178 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC $2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH-34.8%CURRENT US$
Rnk 180 / 186
2022
Flag
GDP PC$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Republic of the Congo-Ecuador Trade: In 2022, Republic of the Congo exported $76 to Ecuador. The main products that Republic of the Congo exported to Ecuador were Enzymes ($57) and Transmissions ($19). Over the past 5 years the exports of Republic of the Congo to Ecuador have decreased at an annualized rate of 84.3%, from $797k in 2017 to $76 in 2022.

In 2022, Republic of the Congo did not export any services to Ecuador.

Ecuador-Republic of the Congo Trade: In 2022, Ecuador exported $555k to Republic of the Congo. The main products that Ecuador exported to Republic of the Congo were Non-fillet Frozen Fish ($455k), Machinery Having Individual Functions ($85.2k), and Cut Flowers ($6.74k). Over the past 5 years the exports of Ecuador to Republic of the Congo have increased at an annualized rate of 74.1%,  from $34.7k in 2017 to $555k in 2022.

In 2022, Ecuador did not export any services to Republic of the Congo.

Comparison: In 2022,  Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B). 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, Republic of the Congo exported $76 to Ecuador. The main products exported from Republic of the Congo to Ecuador were Enzymes ($57) and Transmissions ($19). During the last 5 years the exports of Republic of the Congo to Ecuador have decreased at an annualized rate of 84.3%, from $797k in 2017 to $76 in 2022.

In 2017, Ecuador exported $555k to Republic of the Congo. The main products exported from Ecuador to Republic of the Congo were Non-fillet Frozen Fish ($455k), Machinery Having Individual Functions ($85.2k), and Cut Flowers ($6.74k). During the last 5 years the exports of Ecuador to Republic of the Congo have increased at an annualized rate of 74.1%, from $34.7k in 2022 to $555k in 2017.

Exports from Republic of the Congo (Flag) to Ecuador (Flag) (2022)

Exports from Ecuador (Flag) to Republic of the Congo (Flag) (2022)

Latest Data

Trade between Republic of the Congo (Flag) and Ecuador (Flag)

Republic of the Congo Exports

Ecuador Exports

Market Competitiveness

Color
Republic of the Congo
Top DestinationChina$4.82B
Ecuador
Top DestinationUnited States$9.86B

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

In 2022, countries that imported more from Republic of the Congo than Ecuador included India ($2.44B), United Arab Emirates ($1.87B), and Vietnam ($537M).

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

Difference in imports from Ecuador (Flag) and Republic of the Congo (Flag) (2022)

Comparative Advantage Republic of the Congo - Ecuador

Flow
Scale

This chart compares trade between Republic of the Congo and Ecuador by product, considering products traded by both, Republic of the Congo and Ecuador.

During 2022, Republic of the Congo had a large net trade with Ecuador in the exports of Chemical Products ($57) and Machines ($19).

During 2017, Ecuador had a large net trade with Republic of the Congo in the exports of Animal Products ($455k), Machines ($93.8k), and Vegetable Products ($6.74k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Republic of the Congo Ecuador+$3kRefined Petroleum
Top Product Potential Ecuador Republic of the Congo+$2.05kRefined 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 Republic of the Congo and Ecuador. This means that a dot/product with the flag of Republic of the Congo indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over Republic of the Congo.

Product Space of Republic of the Congo (Flag) and Ecuador (Flag) (2022)

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