NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $2.34MRnk 103 / 174
2023
Flag → Flag
Top Product $1.13MBananas
2023
Flag → Flag
Exports $4.08MRnk 111 / 171
2023
Flag → Flag
Top Product $3.75MFish Oil
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.32Rnk 76 / 132
2023
Flag  
GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
 GDP$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 138 / 195
2023
Flag
GDP PC $6,610CURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP PC GROWTH8.19%CURRENT US$
Rnk 141 / 195
2023
Flag
GDP PC$21,550CURRENT US$
Rnk 62 / 196
2013-2023
Flag
GDP PC GROWTH-8.13%CURRENT US$
Rnk 164 / 195

About

Ecuador-Oman Trade: In 2023, Ecuador exported $2.34M to Oman. The main products that Ecuador exported to Oman were Bananas ($1.13M), Confectionery Sugar ($822k), and Synthetic Rubber ($151k). Over the past 5 years the exports of Ecuador to Oman have increased at an annualized rate of 3.45%, from $1.97M in 2018 to $2.34M in 2023.

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

Oman-Ecuador Trade: In 2023, Oman exported $4.08M to Ecuador. The main products that Oman exported to Ecuador were Fish Oil ($3.75M), Building Stone ($171k), and Liquid Pumps ($80.3k). Over the past 5 years the exports of Oman to Ecuador have increased at an annualized rate of 51.2%,  from $516k in 2018 to $4.08M in 2023.

In 2023, Oman 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, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Latest Trends

December, 2021

About

Overview In December 2021, Ecuador exported $333k and imported $76.6k from Oman, resulting in a positive trade balance of $256k. Between December 2020 and December 2021 the exports of Ecuador have increased by $2.21k (0.67%) from $330k to $333k, while imports decreased by $-1.53M (-95.2%) from $1.61M to $76.6k.

Trade In December 2021, the top exports of Ecuador to Oman were Bananas ($75.6k), Other Engines ($3.81k), Valves ($2.6k), and Insulated Wire ($1.31k). In December 2021 the top imports of Ecuador from Oman were .

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($317k), Puerto Bolívar ($9.36k), and Quito ($5.92k), while imports destinations were mainly Guayaquil-Marítimo ($76.6k).

Growth In December 2021, the increase in Ecuador's year-by-year exports to Oman was explained primarily by an increase in product exports in Bananas ($18.4k or 32.2%). In December 2021, the decrease in Ecuador's year-by-year imports  from Oman was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2020 - December 2021)$2.21k(0.67%)
IMPORT GROWTH (December 2020 - December 2021)$-1.53M(-95.2%)
MAIN EXPORTER (December 2021)Guayaquil-Marítimo$317k

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 Oman and Ecuador trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Oman and Ecuador Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ecuador exported $2.34M to Oman. The main products exported from Ecuador to Oman were Bananas ($1.13M), Confectionery Sugar ($822k), and Synthetic Rubber ($151k). During the last 5 years the exports of Ecuador to Oman have increased at an annualized rate of 3.45%, from $1.97M in 2018 to $2.34M in 2023.

In 2018, Oman exported $4.08M to Ecuador. The main products exported from Oman to Ecuador were Fish Oil ($3.75M), Building Stone ($171k), and Liquid Pumps ($80.3k). During the last 5 years the exports of Oman to Ecuador have increased at an annualized rate of 51.2%, from $516k in 2023 to $4.08M in 2018.

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

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

Market Competitiveness

Color
Ecuador
Top DestinationUnited States$8.34B
Oman
Top DestinationChina$30.2B

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

In 2023, countries that imported more from Ecuador than Oman included United States ($8.34B), Panama ($4.38B), and Peru ($1.15B).

In 2023, countries that imported more from Oman than Ecuador included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

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

Comparative Advantage Ecuador - Oman

Flow
Scale

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

During 2023, Ecuador had a large net trade with Oman in the exports of Vegetable Products ($1.13M), Foodstuffs ($822k), and Machines ($222k).

During 2018, Oman had a large net trade with Ecuador in the exports of Animal and Vegetable Bi-Products ($3.75M), Stone And Glass ($171k), and Machines ($97.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Oman+$268kBananas
Top Product Potential Oman Ecuador+$545kPropylene Polymers

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

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

Keep Exploring

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