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Pricing

2022
Flag → Flag
Exports $82.2MRnk 38 / 170
2022
Flag → Flag
Top Product $82.2MBananas
2022
Flag → Flag
Exports $2.53MRnk 76 / 101
2022
Flag → Flag
Top Product $11.3kValves
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 103 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH21.2%CURRENT US$
Rnk 118 / 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$5,937CURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP PC GROWTH-7.77%CURRENT US$
Rnk 158 / 186

About

Ecuador-Iraq Trade: In 2022, Ecuador exported $82.2M to Iraq. The main products that Ecuador exported to Iraq were Bananas ($82.2M). Over the past 5 years the exports of Ecuador to Iraq have increased at an annualized rate of 7.84%, from $56.3M in 2017 to $82.2M in 2022.

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

Iraq-Ecuador In N/A, Iraq did not export any products to Ecuador.

In 2022, Iraq 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, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Latest Trends

N/A

About

Overview In N/A, Ecuador exported $N/A and imported $N/A from Iraq, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Ecuador have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Ecuador to Iraq were Bananas ($5.21M). In N/A the top imports of Ecuador from Iraq were Commodities not elsewhere specified ($219).

Origins In N/A the exports of Ecuador were mainly from Guayaquil-Marítimo ($3.47M) and Puerto Bolívar ($973k), while imports destinations were mainly N/A.

Growth In N/A, the N/A in Ecuador's year-by-year exports to Iraq was explained primarily by an decrease in product exports in . In N/A, the N/A in Ecuador's year-by-year imports  from Iraq was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
MAIN EXPORTER (N/A)Guayaquil-Marítimo$3.47M

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 Iraq and Ecuador trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Iraq and Ecuador Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $82.2M to Iraq. The main products exported from Ecuador to Iraq were Bananas ($82.2M). During the last 5 years the exports of Ecuador to Iraq have increased at an annualized rate of 7.84%, from $56.3M in 2017 to $82.2M in 2022.

Iraq does not register exports to Ecuador. The main products exported from Iraq to Ecuador were Valves ($11.3k), Machinery Having Individual Functions ($3.47k), and Other Rubber Products ($3.02k).

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

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

Market Competitiveness

Color
Ecuador
Top DestinationUnited States$9.86B
Iraq
Top DestinationIndia$38.8B

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

In 2022, countries that imported more from Ecuador than Iraq included Panama ($4.97B), Chile ($1.34B), and Colombia ($1.07B).

In 2022, countries that imported more from Iraq than Ecuador included India ($38.8B), China ($34B), and South Korea ($8.21B).

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

Comparative Advantage Ecuador - Iraq

Flow
Scale

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

During 2022, Ecuador had a large net trade with Iraq in the exports of Vegetable Products ($82.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Iraq+$5.93kRefined Petroleum
Top Product Potential Iraq Ecuador+$7.3kRefined 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 Iraq. This means that a dot/product with the flag of Ecuador indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Ecuador.

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

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