2022
Flag  
GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC 
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186
2022
Flag
GDP PC
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186

About

Algeria-Ecuador Trade: In 2022, Algeria exported $2.94k to Ecuador. The main products that Algeria exported to Ecuador were Liquid Pumps ($2.29k) and Machinery Having Individual Functions ($649). Over the past 7 years the exports of Algeria to Ecuador have increased at an annualized rate of 1.47%, from $2.65k in 2015 to $2.94k in 2022.

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

Ecuador-Algeria Trade: In 2022, Ecuador exported $54M to Algeria. The main products that Ecuador exported to Algeria were Bananas ($52.3M), Processed Fish ($1.02M), and Cocoa Beans ($733k). Over the past 7 years the exports of Ecuador to Algeria have increased at an annualized rate of 40.7%,  from $9.81M in 2015 to $54M in 2022.

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

Comparison: In 2022,  Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B). 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, Algeria exported $2.94k to Ecuador. The main products exported from Algeria to Ecuador were Liquid Pumps ($2.29k) and Machinery Having Individual Functions ($649). During the last 7 years the exports of Algeria to Ecuador have increased at an annualized rate of 1.47%, from $2.65k in 2015 to $2.94k in 2022.

In 2017, Ecuador exported $54M to Algeria. The main products exported from Ecuador to Algeria were Bananas ($52.3M), Processed Fish ($1.02M), and Cocoa Beans ($733k). During the last 5 years the exports of Ecuador to Algeria have increased at an annualized rate of 40.7%, from $9.81M in 2022 to $54M in 2017.

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

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

Latest Data

Trade between Algeria (Flag) and Ecuador (Flag)

Algeria Exports

Ecuador Exports

Market Competitiveness

Color
Algeria
Top Destination
Italy$16.9B
Ecuador
Top Destination
United States$9.86B

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

In 2022, countries that imported more from Algeria than Ecuador included Italy ($16.9B), France ($6.99B), and Spain ($7.11B).

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

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

Comparative Advantage Algeria - Ecuador

Flow
Scale

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

During 2022, Algeria had a large net trade with Ecuador in the exports of Machines ($2.94k).

During 2017, Ecuador had a large net trade with Algeria in the exports of Vegetable Products ($52.3M), Foodstuffs ($1.76M), and Plastics and Rubbers ($7.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Algeria Ecuador+$7.39kRefined Petroleum
Top Product Potential Ecuador Algeria+$3.39kRefined 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 Algeria and Ecuador. This means that a dot/product with the flag of Algeria indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over Algeria.

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

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