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Pricing

2022
Flag → Flag
Exports $4.12MRnk 97 / 170
2022
Flag → Flag
Top Product $2.15MCrustaceans
2022
Flag → Flag
Exports $315kRnk 140 / 194
2022
Flag → Flag
Top Product $112kRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
GDP PC $6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186

About

Ecuador-Cyprus Trade: In 2022, Ecuador exported $4.12M to Cyprus. The main products that Ecuador exported to Cyprus were Crustaceans ($2.15M), Bananas ($1.61M), and Fish Fillets ($130k). Over the past 5 years the exports of Ecuador to Cyprus have increased at an annualized rate of 5.23%, from $3.19M in 2017 to $4.12M in 2022.

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

Cyprus-Ecuador Trade: In 2022, Cyprus exported $315k to Ecuador. The main products that Cyprus exported to Ecuador were Refined Petroleum ($112k), Vegetable Saps ($99.5k), and Knit Gloves ($28.6k). Over the past 5 years the exports of Cyprus to Ecuador have increased at an annualized rate of 10.5%,  from $191k in 2017 to $315k in 2022.

In 2022, Cyprus 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, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2021

About

Overview In December 2021, Ecuador exported $396k and imported $48k from Cyprus, resulting in a positive trade balance of $348k. Between December 2020 and December 2021 the exports of Ecuador have increased by $358k (961%) from $37.3k to $396k, while imports increased by $47.5k (10.5k%) from $453 to $48k.

Trade In December 2021, the top exports of Ecuador to Cyprus were Crustaceans ($94.3k), Bananas ($89k), and Cut Flowers ($14.5k). In December 2021 the top imports of Ecuador from Cyprus were Vegetable Saps ($19.8k) and Centrifuges ($1.04k).

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($396k), while imports destinations were mainly Guayaquil-Marítimo ($48k).

Growth In December 2021, the increase in Ecuador's year-by-year exports to Cyprus was explained primarily by an increase in product exports in Bananas ($31.1k or 53.6%) and Cut Flowers ($10.5k or 263%). In December 2021, the increase in Ecuador's year-by-year imports  from Cyprus was explained primarily by an increase in product imports  in Centrifuges ($897 or 615%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2020 - December 2021)$358k(961%)
IMPORT GROWTH (December 2020 - December 2021)$47.5k(10.5k%)
MAIN EXPORTER (December 2021)Guayaquil-Marítimo$396k

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 Cyprus and Ecuador trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $4.12M to Cyprus. The main products exported from Ecuador to Cyprus were Crustaceans ($2.15M), Bananas ($1.61M), and Fish Fillets ($130k). During the last 5 years the exports of Ecuador to Cyprus have increased at an annualized rate of 5.23%, from $3.19M in 2017 to $4.12M in 2022.

In 2017, Cyprus exported $315k to Ecuador. The main products exported from Cyprus to Ecuador were Refined Petroleum ($112k), Vegetable Saps ($99.5k), and Knit Gloves ($28.6k). During the last 5 years the exports of Cyprus to Ecuador have increased at an annualized rate of 10.5%, from $191k in 2022 to $315k in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top DestinationUnited States$9.86B
Cyprus
Top DestinationHong Kong$482M

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

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

In 2022, countries that imported more from Cyprus than Ecuador included Hong Kong ($482M), Greece ($471M), and Lebanon ($329M).

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

Comparative Advantage Ecuador - Cyprus

Flow
Scale

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

During 2022, Ecuador had a large net trade with Cyprus in the exports of Animal Products ($2.27M), Vegetable Products ($1.63M), and Foodstuffs ($150k).

During 2017, Cyprus had a large net trade with Ecuador in the exports of Mineral Products ($112k), Vegetable Products ($99.5k), and Plastics and Rubbers ($30.3k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Ecuador and Cyprus. This means that a dot/product with the flag of Ecuador indicates it has a comparative advantage over Cyprus. Similarly, a dot/product with the flag of Cyprus indicates it has a comparative advantage over Ecuador.

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

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