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Pricing

2022
Flag → Flag
Exports $11.4MRnk 82 / 170
2022
Flag → Flag
Top Product $4.34MOther Processed Fruits and Nuts
2022
Flag → Flag
Exports $44.5MRnk 65 / 187
2022
Flag → Flag
Top Product $4.71MPesticides
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
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Economic Complexity (ECI) ECI 1.23Rnk 20 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH99%CURRENT US$
Rnk 14 / 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$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH64.9%CURRENT US$
Rnk 21 / 186

About

Ecuador-Israel Trade: In 2022, Ecuador exported $11.4M to Israel. The main products that Ecuador exported to Israel were Other Processed Fruits and Nuts ($4.34M), Processed Fish ($2.21M), and Buckwheat ($1.38M). Over the past 5 years the exports of Ecuador to Israel have decreased at an annualized rate of 4.72%, from $14.5M in 2017 to $11.4M in 2022.

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

Israel-Ecuador Trade: In 2022, Israel exported $44.5M to Ecuador. The main products that Israel exported to Ecuador were Pesticides ($4.71M), Mixed Mineral or Chemical Fertilizers ($3.95M), and Liquid Dispersing Machines ($3.95M). Over the past 5 years the exports of Israel to Ecuador have increased at an annualized rate of 9.9%,  from $27.7M in 2017 to $44.5M in 2022.

In 2007, Israel exported services to Ecuador worth $228k, with Computer and information services ($228k) being the largest in terms of value.

Comparison: In 2022,  Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B). That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Latest Trends

December, 2021

About

Overview In December 2021, Ecuador exported $973k and imported $3.31M from Israel, resulting in a negative trade balance of $2.34M. Between December 2020 and December 2021 the exports of Ecuador have increased by $193k (24.7%) from $780k to $973k, while imports increased by $575k (21%) from $2.74M to $3.31M.

Trade In December 2021, the top exports of Ecuador to Israel were Frozen Vegetables ($184k), Other Processed Fruits and Nuts ($177k), Fruit Juice ($142k), Buckwheat ($107k), and Fish Fillets ($72.9k). In December 2021 the top imports of Ecuador from Israel were Industrial Printers ($617k), Computers ($199k), Mixed Mineral or Chemical Fertilizers ($147k), Raw Plastic Sheeting ($141k), and Medical Instruments ($126k).

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($956k) and Quito ($17.1k), while imports destinations were mainly Guayaquil-Marítimo ($1.84M), Quito ($881k), and Guayaquil-Aéreo ($586k).

Growth In December 2021, the increase in Ecuador's year-by-year exports to Israel was explained primarily by an increase in product exports in Frozen Vegetables ($125k or 212%). In December 2021, the increase in Ecuador's year-by-year imports  from Israel was explained primarily by an increase in product imports  in Industrial Printers ($518k or 525%), Computers ($198k or 17.6k%), and Medical Instruments ($106k or 543%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2020 - December 2021)$193k(24.7%)
IMPORT GROWTH (December 2020 - December 2021)$575k(21%)
MAIN EXPORTER (December 2021)Guayaquil-Marítimo$956k

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 Israel and Ecuador trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Israel and Ecuador Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $11.4M to Israel. The main products exported from Ecuador to Israel were Other Processed Fruits and Nuts ($4.34M), Processed Fish ($2.21M), and Buckwheat ($1.38M). During the last 5 years the exports of Ecuador to Israel have decreased at an annualized rate of 4.72%, from $14.5M in 2017 to $11.4M in 2022.

In 2017, Israel exported $44.5M to Ecuador. The main products exported from Israel to Ecuador were Pesticides ($4.71M), Mixed Mineral or Chemical Fertilizers ($3.95M), and Liquid Dispersing Machines ($3.95M). During the last 5 years the exports of Israel to Ecuador have increased at an annualized rate of 9.9%, from $27.7M in 2022 to $44.5M in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top DestinationUnited States$9.86B
Israel
Top DestinationUnited States$20.3B

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

In 2022, countries that imported more from Ecuador than Israel included Panama ($4.97B), Chile ($1.34B), and Peru ($1.02B).

In 2022, countries that imported more from Israel than Ecuador included United States ($20.3B), Palestine ($4.6B), and Ireland ($3.86B).

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

Comparative Advantage Ecuador - Israel

Flow
Scale

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

During 2022, Ecuador had a large net trade with Israel in the exports of Foodstuffs ($8.13M), Vegetable Products ($2.9M), and Wood Products ($150k).

During 2017, Israel had a large net trade with Ecuador in the exports of Chemical Products ($14.8M), Machines ($10M), and Plastics and Rubbers ($5.44M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Israel+$582kOther Processed Fruits and Nuts
Top Product Potential Israel Ecuador+$1.99MTelephones

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

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

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