2022
Flag  
GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP
$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH
-17.4%CURRENT US$
Rnk 178 / 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
$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH
-34.8%CURRENT US$
Rnk 180 / 186

About

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.

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.

Comparison: In 2022,  Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B). That same year, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $555k in 2022.

In 2017, 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 2022 to $76 in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Republic of the Congo
Top Destination
China$4.82B

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

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).

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).

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

Comparative Advantage Ecuador - Republic of the Congo

Flow
Scale

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

During 2022, 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).

During 2017, Republic of the Congo had a large net trade with Ecuador in the exports of Chemical Products ($57) and Machines ($19).

Potential Exports

Potential Exports

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

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

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