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Pricing

2022
Flag → Flag
Exports $31.4MRnk 59 / 170
2022
Flag → Flag
Top Product $29.7MBananas
2022
Flag → Flag
Exports $538MRnk 3 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH-50.6%CURRENT US$
Rnk 186 / 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$6,716CURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP PC GROWTH-57.4%CURRENT US$
Rnk 185 / 186

About

Ecuador-Libya Trade: In 2022, Ecuador exported $31.4M to Libya. The main products that Ecuador exported to Libya were Bananas ($29.7M), Processed Fish ($799k), and Crustaceans ($526k). Over the past 5 years the exports of Ecuador to Libya have increased at an annualized rate of 99.9%, from $984k in 2017 to $31.4M in 2022.

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

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

In 2022, Libya 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, Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B).

Latest Trends

N/A

About

Overview In N/A, Ecuador exported $N/A and imported $N/A from Libya, 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 Libya were Bananas ($1.52M), Electric Motor Parts ($2.6k), and Liquid Pumps ($1.26k). In N/A the top imports of Ecuador from Libya were .

Origins In N/A the exports of Ecuador were mainly from Guayaquil-Marítimo ($1.21M) and Puerto Bolívar ($45.3k), while imports destinations were mainly N/A.

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

Latest Trade

Time Scale
Flow
Value
Depth
MAIN EXPORTER (N/A)Guayaquil-Marítimo$1.21M

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 Libya and Ecuador trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Libya and Ecuador Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $31.4M to Libya. The main products exported from Ecuador to Libya were Bananas ($29.7M), Processed Fish ($799k), and Crustaceans ($526k). During the last 5 years the exports of Ecuador to Libya have increased at an annualized rate of 99.9%, from $984k in 2017 to $31.4M in 2022.

Libya does not register exports to Ecuador.

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

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

Market Competitiveness

Color
Ecuador
Top DestinationUnited States$9.86B
Libya
Top DestinationItaly$9.26B

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

In 2022, countries that imported more from Ecuador than Libya included United States ($9.86B), Panama ($4.97B), and China ($6.17B).

In 2022, countries that imported more from Libya than Ecuador included Italy ($9.26B), Germany ($3.32B), and Spain ($3.48B).

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

Comparative Advantage Ecuador - Libya

Flow
Scale

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

During 2022, Ecuador had a large net trade with Libya in the exports of Vegetable Products ($29.7M), Foodstuffs ($1.03M), and Animal Products ($621k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Libya+$5.03kRefined Petroleum
Top Product Potential Libya Ecuador+$4.2kPetroleum Gas

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

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

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