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2023
Flag → Flag
Exports $617MRnk 13 / 174
2023
Flag → Flag
Top Product $463MGold
2023
Flag → Flag
Exports $40.2MRnk 141 / 216
2023
Flag → Flag
Top Product $13MOther Uncoated Paper
2023
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Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
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Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag  
GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
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GDP GROWTH23.1%CURRENT US$
Rnk 131 / 195
2023
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 GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
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GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
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GDP PC $6,610CURRENT US$
Rnk 109 / 195
2013-2023
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GDP PC GROWTH8.19%CURRENT US$
Rnk 141 / 195
2023
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GDP PC$49,041CURRENT US$
Rnk 27 / 196
2013-2023
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GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195

About

Ecuador-United Arab Emirates Trade: In 2023, Ecuador exported $617M to United Arab Emirates. The main products that Ecuador exported to United Arab Emirates were Gold ($463M), Bananas ($98.2M), and Crustaceans ($37.1M). Over the past 5 years the exports of Ecuador to United Arab Emirates have increased at an annualized rate of 53.7%, from $71.8M in 2018 to $617M in 2023.

In 2023, Ecuador did not export any services to United Arab Emirates.

United Arab Emirates-Ecuador Trade: In 2023, United Arab Emirates exported $40.2M to Ecuador. The main products that United Arab Emirates exported to Ecuador were Other Uncoated Paper ($13M), Bananas ($5.32M), and Raw Aluminium ($5.15M). Over the past 5 years the exports of United Arab Emirates to Ecuador have increased at an annualized rate of 15.9%,  from $19.2M in 2018 to $40.2M in 2023.

In 2023, United Arab Emirates did not export any services to Ecuador.

Comparison: In 2023,  Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B). That same year, United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B).

Latest Trends

December, 2021

About

Overview In December 2021, Ecuador exported $19.4M and imported $1.09M from United Arab Emirates, resulting in a positive trade balance of $18.3M. Between December 2020 and December 2021 the exports of Ecuador have increased by $11.3M (138%) from $8.13M to $19.4M, while imports increased by $267k (32.3%) from $827k to $1.09M.

Trade In December 2021, the top exports of Ecuador to United Arab Emirates were Cut Flowers ($11.2M), Bananas ($4.22M), Crustaceans ($3.47M), Other Furniture ($68.6k), and Coffee and Tea Extracts ($41.2k). In December 2021 the top imports of Ecuador from United Arab Emirates were Antibiotics ($240k), Nitrogen Heterocyclic Compounds ($24.4k), Propylene Polymers ($23.3k), Sulfonamides ($22.1k), and Ethers ($19.8k).

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($11.1M), Guayaquil-Aéreo ($7.6M), Puerto Bolívar ($384k), and Quito ($334k), while imports destinations were mainly Guayaquil-Marítimo ($1.05M), Quito ($36.8k), and Guayaquil-Aéreo ($10k).

Growth In December 2021, the increase in Ecuador's year-by-year exports to United Arab Emirates was explained primarily by an increase in product exports in Cut Flowers ($1.08M or 10.7%), Bananas ($174k or 4.3%), and Other Furniture ($19.2k or 39%). In December 2021, the increase in Ecuador's year-by-year imports  from United Arab Emirates was explained primarily by an increase in product imports  in Rubber Belting ($2.47k or 191%), Engine Parts ($2.17k or 41.9%), and Liquid Pumps ($1.21k or 541%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2020 - December 2021)$11.3M(138%)
IMPORT GROWTH (December 2020 - December 2021)$267k(32.3%)
MAIN EXPORTER (December 2021)Guayaquil-Marítimo$11.1M

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

To check United Arab Emirates and Ecuador trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United Arab Emirates and Ecuador Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ecuador exported $617M to United Arab Emirates. The main products exported from Ecuador to United Arab Emirates were Gold ($463M), Bananas ($98.2M), and Crustaceans ($37.1M). During the last 5 years the exports of Ecuador to United Arab Emirates have increased at an annualized rate of 53.7%, from $71.8M in 2018 to $617M in 2023.

In 2018, United Arab Emirates exported $40.2M to Ecuador. The main products exported from United Arab Emirates to Ecuador were Other Uncoated Paper ($13M), Bananas ($5.32M), and Raw Aluminium ($5.15M). During the last 5 years the exports of United Arab Emirates to Ecuador have increased at an annualized rate of 15.9%, from $19.2M in 2023 to $40.2M in 2018.

Exports from Ecuador (Flag) to United Arab Emirates (Flag) (2023)

Exports from United Arab Emirates (Flag) to Ecuador (Flag) (2023)

Market Competitiveness

Color
Ecuador
Top DestinationUnited States$8.34B
United Arab Emirates
Top DestinationChina$40.2B

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

In 2023, countries that imported more from Ecuador than United Arab Emirates included Panama ($4.38B), United States ($8.34B), and Peru ($1.15B).

In 2023, countries that imported more from United Arab Emirates than Ecuador included India ($38.2B), Japan ($37.4B), and China ($40.2B).

Difference in imports from United Arab Emirates (Flag) and Ecuador (Flag) (2023)

Comparative Advantage Ecuador - United Arab Emirates

Flow
Scale

This chart compares trade between Ecuador and United Arab Emirates by product, considering products traded by both, Ecuador and United Arab Emirates.

During 2023, Ecuador had a large net trade with United Arab Emirates in the exports of Precious Metals ($464M), Vegetable Products ($108M), and Animal Products ($37.1M).

During 2018, United Arab Emirates had a large net trade with Ecuador in the exports of Paper Goods ($13.1M), Metals ($7.09M), and Vegetable Products ($5.32M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador United Arab Emirates+$36.9MGold
Top Product Potential United Arab Emirates Ecuador+$3.53MCars

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

Product Space of Ecuador (Flag) and United Arab Emirates (Flag) (2023)

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