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2023
Flag → Flag
Exports $2.3MRnk 104 / 174
2023
Flag → Flag
Top Product $1.03MBananas
2023
Flag → Flag
Exports $10.3MRnk 130 / 185
2023
Flag → Flag
Top Product $2.27MOther Vinyl Polymers
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.11Rnk 66 / 132
2023
Flag  
GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
 GDP$396BCURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP GROWTH37.3%CURRENT US$
Rnk 99 / 195
2023
Flag
GDP PC $6,610CURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP PC GROWTH8.19%CURRENT US$
Rnk 141 / 195
2023
Flag
GDP PC$3,457CURRENT US$
Rnk 139 / 196
2013-2023
Flag
GDP PC GROWTH14.3%CURRENT US$
Rnk 121 / 195

About

Ecuador-Egypt Trade: In 2023, Ecuador exported $2.3M to Egypt. The main products that Ecuador exported to Egypt were Bananas ($1.03M), Other Processed Fruits and Nuts ($423k), and Jams ($308k). Over the past 5 years the exports of Ecuador to Egypt have decreased at an annualized rate of 10.9%, from $4.1M in 2018 to $2.3M in 2023.

In 2023, Ecuador did not export any services to Egypt.

Egypt-Ecuador Trade: In 2023, Egypt exported $10.3M to Ecuador. The main products that Egypt exported to Ecuador were Other Vinyl Polymers ($2.27M), Polyacetals ($1.64M), and Float Glass ($1.06M). Over the past 5 years the exports of Egypt to Ecuador have increased at an annualized rate of 1.74%,  from $9.44M in 2018 to $10.3M in 2023.

In 2023, Egypt 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, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B).

Latest Trends

December, 2021

About

Overview In December 2021, Ecuador exported $273k and imported $1.18M from Egypt, resulting in a negative trade balance of $905k. Between December 2020 and December 2021 the exports of Ecuador have increased by $111k (68.7%) from $162k to $273k, while imports increased by $847k (256%) from $331k to $1.18M.

Trade In December 2021, the top exports of Ecuador to Egypt were Bananas ($83.7k), Machinery Having Individual Functions ($58.6k), and Excavation Machinery ($1.84k). In December 2021 the top imports of Ecuador from Egypt were Tufted Carpets ($43k), Amino-resins ($29.6k), Medical Instruments ($21.9k), Hand-Woven Rugs ($21.5k), and Float Glass ($20k).

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($273k), while imports destinations were mainly Guayaquil-Marítimo ($1.12M), Quito ($52.2k), Guayaquil-Aéreo ($3.14k), and Cuenca ($63.5).

Growth In December 2021, the increase in Ecuador's year-by-year exports to Egypt was explained primarily by an increase in product exports in Bananas ($28.2k or 50.7%). In December 2021, the increase in Ecuador's year-by-year imports  from Egypt was explained primarily by an increase in product imports  in Medical Instruments ($15.6k or 247%), Plastic Housewares ($5.08k or 817%), and Non-Knit Men's Shirts ($2.06k or 200%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2020 - December 2021)$111k(68.7%)
IMPORT GROWTH (December 2020 - December 2021)$847k(256%)
MAIN EXPORTER (December 2021)Guayaquil-Marítimo$273k

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 Egypt 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 2023, Ecuador exported $2.3M to Egypt. The main products exported from Ecuador to Egypt were Bananas ($1.03M), Other Processed Fruits and Nuts ($423k), and Jams ($308k). During the last 5 years the exports of Ecuador to Egypt have decreased at an annualized rate of 10.9%, from $4.1M in 2018 to $2.3M in 2023.

In 2018, Egypt exported $10.3M to Ecuador. The main products exported from Egypt to Ecuador were Other Vinyl Polymers ($2.27M), Polyacetals ($1.64M), and Float Glass ($1.06M). During the last 5 years the exports of Egypt to Ecuador have increased at an annualized rate of 1.74%, from $9.44M in 2023 to $10.3M in 2018.

Exports from Ecuador (Flag) to Egypt (Flag) (2023)

Exports from Egypt (Flag) to Ecuador (Flag) (2023)

Market Competitiveness

Color
Ecuador
Top DestinationUnited States$8.34B
Egypt
Top DestinationSaudi Arabia$5.31B

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

In 2023, countries that imported more from Ecuador than Egypt included China ($7.96B), United States ($8.34B), and Panama ($4.38B).

In 2023, countries that imported more from Egypt than Ecuador included Saudi Arabia ($5.31B), Turkey ($4.63B), and Italy ($2.9B).

Difference in imports from Egypt (Flag) and Ecuador (Flag) (2023)

Comparative Advantage Ecuador - Egypt

Flow
Scale

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

During 2023, Ecuador had a large net trade with Egypt in the exports of Vegetable Products ($1.03M), Foodstuffs ($769k), and Machines ($335k).

During 2018, Egypt had a large net trade with Ecuador in the exports of Plastics and Rubbers ($4.97M), Textiles ($1.41M), and Stone And Glass ($1.22M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Egypt+$653kCrustaceans
Top Product Potential Egypt Ecuador+$523kPotassic Fertilizers

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

Product Space of Ecuador (Flag) and Egypt (Flag) (2023)

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