2023
Flag  
GDP
$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH
23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC 
$6,610CURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP PC GROWTH
8.19%CURRENT US$
Rnk 141 / 195

About

Ecuador-Lebanon Trade: In 2023, Ecuador exported $4.29M to Lebanon. The main products that Ecuador exported to Lebanon were Crustaceans ($2.95M), Bananas ($546k), and Coffee and Tea Extracts ($351k). Over the past 5 years the exports of Ecuador to Lebanon have increased at an annualized rate of 0.82%, from $4.11M in 2018 to $4.29M in 2023.

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

Lebanon-Ecuador Trade: In 2023, Lebanon exported $1M to Ecuador. The main products that Lebanon exported to Ecuador were Grapes ($725k), Washing and Bottling Machines ($73k), and Aqueous Paints ($51.3k). Over the past 5 years the exports of Lebanon to Ecuador have increased at an annualized rate of 31.8%,  from $253k in 2018 to $1M in 2023.

In 2023, Lebanon 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, Lebanon ranked 45 in the Economic Complexity Index (ECI 0.42), and 130 in total exports ($4.94B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ecuador exported $4.29M to Lebanon. The main products exported from Ecuador to Lebanon were Crustaceans ($2.95M), Bananas ($546k), and Coffee and Tea Extracts ($351k). During the last 5 years the exports of Ecuador to Lebanon have increased at an annualized rate of 0.82%, from $4.11M in 2018 to $4.29M in 2023.

In 2018, Lebanon exported $1M to Ecuador. The main products exported from Lebanon to Ecuador were Grapes ($725k), Washing and Bottling Machines ($73k), and Aqueous Paints ($51.3k). During the last 5 years the exports of Lebanon to Ecuador have increased at an annualized rate of 31.8%, from $253k in 2023 to $1M in 2018.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$8.34B
Lebanon
Top Destination
United Arab Emirates$1.3B

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

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

In 2023, countries that imported more from Lebanon than Ecuador included United Arab Emirates ($1.3B), Egypt ($340M), and Turkey ($253M).

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

Comparative Advantage Ecuador - Lebanon

Flow
Scale

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

During 2023, Ecuador had a large net trade with Lebanon in the exports of Animal Products ($2.95M), Foodstuffs ($742k), and Vegetable Products ($580k).

During 2018, Lebanon had a large net trade with Ecuador in the exports of Vegetable Products ($727k), Chemical Products ($114k), and Machines ($107k).

Economic Complexity

Competitive Landscape

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

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

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