2022
Flag  
GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC 
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186

About

Ecuador-Angola Trade: In 2022, Ecuador exported $959k to Angola. The main products that Ecuador exported to Angola were Processed Fish ($251k), Rice ($223k), and Other Furniture ($152k). Over the past 5 years the exports of Ecuador to Angola have increased at an annualized rate of 13%, from $520k in 2017 to $959k in 2022.

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

Angola-Ecuador Trade: In 2022, Angola exported $400k to Ecuador. The main products that Angola exported to Ecuador were Laboratory Ceramic Ware ($395k), Excavation Machinery ($4.79k), and Gaskets ($264). Over the past 5 years the exports of Angola to Ecuador have decreased at an annualized rate of 31.9%,  from $2.73M in 2017 to $400k in 2022.

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

Comparison: In 2022,  Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $959k to Angola. The main products exported from Ecuador to Angola were Processed Fish ($251k), Rice ($223k), and Other Furniture ($152k). During the last 5 years the exports of Ecuador to Angola have increased at an annualized rate of 13%, from $520k in 2017 to $959k in 2022.

In 2017, Angola exported $400k to Ecuador. The main products exported from Angola to Ecuador were Laboratory Ceramic Ware ($395k), Excavation Machinery ($4.79k), and Gaskets ($264). During the last 5 years the exports of Angola to Ecuador have decreased at an annualized rate of 31.9%, from $2.73M in 2022 to $400k in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Angola
Top Destination
China$21.8B

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

In 2022, countries that imported more from Ecuador than Angola included United States ($9.86B), Panama ($4.97B), and Colombia ($1.07B).

In 2022, countries that imported more from Angola than Ecuador included China ($21.8B), India ($4.81B), and France ($3.8B).

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

Comparative Advantage Ecuador - Angola

Flow
Scale

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

During 2022, Ecuador had a large net trade with Angola in the exports of Foodstuffs ($251k), Vegetable Products ($223k), and Miscellaneous ($175k).

During 2017, Angola had a large net trade with Ecuador in the exports of Stone And Glass ($395k), Machines ($5.06k), and Paper Goods ($95).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Angola+$4.46kRefined Petroleum
Top Product Potential Angola Ecuador+$5.45kPetroleum Gas

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

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

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