Czechia (CZE) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

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Czechia-Ecuador Trade: In 2023, Czechia exported $75.4M to Ecuador. The main products that Czechia exported to Ecuador were Cars ($41.5M), Industrial Printers ($5.69M), and Cyanides ($2.36M). Over the past 5 years the exports of Czechia to Ecuador have increased at an annualized rate of 25.9%, from $23.8M in 2018 to $75.4M in 2023.

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

Ecuador-Czechia Trade: In 2023, Ecuador exported $80M to Czechia. The main products that Ecuador exported to Czechia were Bananas ($52.2M), Cut Flowers ($9.54M), and Processed Fish ($8.42M). Over the past 5 years the exports of Ecuador to Czechia have increased at an annualized rate of 18.1%, from $34.8M in 2018 to $80M in 2023.

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

Comparison: In 2023, Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B). 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, Czechia exported $75.4M to Ecuador. The main products exported from Czechia to Ecuador were Cars ($41.5M), Industrial Printers ($5.69M), and Cyanides ($2.36M). During the last 5 years the exports of Czechia to Ecuador have increased at an annualized rate of 25.9%, from $23.8M in 2018 to $75.4M in 2023.

In 2018, Ecuador exported $80M to Czechia. The main products exported from Ecuador to Czechia were Bananas ($52.2M), Cut Flowers ($9.54M), and Processed Fish ($8.42M). During the last 5 years the exports of Ecuador to Czechia have increased at an annualized rate of 18.1%, from $34.8M in 2023 to $80M in 2018.

Exports from Czechia () to Ecuador () (2023)

Exports from Ecuador () to Czechia () (2023)

Latest Data

Trade between Czechia () and Ecuador ()

Czechia Exports

Date

Ecuador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$64.2B

Ecuador
Top DestinationUnited States$8.34B

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

In 2023, countries that imported more from Czechia than Ecuador included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

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

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

Comparative Advantage Czechia - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Czechia had a large net trade with Ecuador in the exports of Transportation ($42.4M), Machines ($20.7M), and Chemical Products ($4.29M).

During 2018, Ecuador had a large net trade with Czechia in the exports of Vegetable Products ($63.2M), Foodstuffs ($15.1M), and Animal Products ($804k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Czechia Ecuador+$18.5MCars

Top Product Potential Ecuador Czechia+$2.37MProcessed Fish

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 Czechia and Ecuador. This means that a dot/product with the flag of Czechia indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over Czechia.

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Historical Data

Bilateral Trade by Products

Exports from Czechia () to Ecuador () (2023)

Exports from Ecuador () to Czechia () (2023)

Latest Data

Trade between Czechia () and Ecuador ()

Czechia Exports

Ecuador Exports

Market Competitiveness

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

Comparative Advantage Czechia - Ecuador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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