2022
Flag  
GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 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
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 186

About

Ecuador-Kazakhstan Trade: In 2022, Ecuador exported $107M to Kazakhstan. The main products that Ecuador exported to Kazakhstan were Cut Flowers ($103M), Bananas ($2.85M), and Crustaceans ($899k). Over the past 5 years the exports of Ecuador to Kazakhstan have increased at an annualized rate of 42.5%, from $18.2M in 2017 to $107M in 2022.

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

Kazakhstan-Ecuador Trade: In 2022, Kazakhstan exported $520k to Ecuador. The main products that Kazakhstan exported to Ecuador were Phosphinates (hypophosphites) and phosphonates (phosphites) ($311k), Sulphur ($138k), and Ferroalloys ($35.2k). Over the past 5 years the exports of Kazakhstan to Ecuador have increased at an annualized rate of 50.6%,  from $67.2k in 2017 to $520k in 2022.

In 2022, Kazakhstan 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, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $107M to Kazakhstan. The main products exported from Ecuador to Kazakhstan were Cut Flowers ($103M), Bananas ($2.85M), and Crustaceans ($899k). During the last 5 years the exports of Ecuador to Kazakhstan have increased at an annualized rate of 42.5%, from $18.2M in 2017 to $107M in 2022.

In 2017, Kazakhstan exported $520k to Ecuador. The main products exported from Kazakhstan to Ecuador were Phosphinates (hypophosphites) and phosphonates (phosphites) ($311k), Sulphur ($138k), and Ferroalloys ($35.2k). During the last 5 years the exports of Kazakhstan to Ecuador have increased at an annualized rate of 50.6%, from $67.2k in 2022 to $520k in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Kazakhstan
Top Destination
China$13.4B

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

In 2022, countries that imported more from Ecuador than Kazakhstan included United States ($9.86B), Panama ($4.97B), and Chile ($1.34B).

In 2022, countries that imported more from Kazakhstan than Ecuador included Italy ($12.4B), Russia ($8.78B), and United Kingdom ($8.01B).

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

Comparative Advantage Ecuador - Kazakhstan

Flow
Scale

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

During 2022, Ecuador had a large net trade with Kazakhstan in the exports of Vegetable Products ($106M), Animal Products ($899k), and Machines ($84.4k).

During 2017, Kazakhstan had a large net trade with Ecuador in the exports of Chemical Products ($311k), Mineral Products ($138k), and Metals ($35.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Kazakhstan+$1.01MCrustaceans
Top Product Potential Kazakhstan Ecuador+$60.6kSulphur

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with