2022
Flag  
GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP
$377BCURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP GROWTH
67.8%CURRENT US$
Rnk 31 / 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
$1,597CURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP PC GROWTH
43.9%CURRENT US$
Rnk 43 / 186

About

Ecuador-Pakistan Trade: In 2022, Ecuador exported $340k to Pakistan. The main products that Ecuador exported to Pakistan were Animal Food ($104k), Washing and Bottling Machines ($38k), and Pepper ($32k). Over the past 5 years the exports of Ecuador to Pakistan have decreased at an annualized rate of 29.7%, from $1.98M in 2017 to $340k in 2022.

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

Pakistan-Ecuador Trade: In 2022, Pakistan exported $19.2M to Ecuador. The main products that Pakistan exported to Ecuador were Light Synthetic Cotton Fabrics ($4.03M), Light Mixed Woven Cotton ($2.53M), and Non-Knit Men's Suits ($1.34M). Over the past 5 years the exports of Pakistan to Ecuador have increased at an annualized rate of 1.58%,  from $17.8M in 2017 to $19.2M in 2022.

In 2022, Pakistan 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, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $340k to Pakistan. The main products exported from Ecuador to Pakistan were Animal Food ($104k), Washing and Bottling Machines ($38k), and Pepper ($32k). During the last 5 years the exports of Ecuador to Pakistan have decreased at an annualized rate of 29.7%, from $1.98M in 2017 to $340k in 2022.

In 2017, Pakistan exported $19.2M to Ecuador. The main products exported from Pakistan to Ecuador were Light Synthetic Cotton Fabrics ($4.03M), Light Mixed Woven Cotton ($2.53M), and Non-Knit Men's Suits ($1.34M). During the last 5 years the exports of Pakistan to Ecuador have increased at an annualized rate of 1.58%, from $17.8M in 2022 to $19.2M in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Pakistan
Top Destination
United States$6.47B

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

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

In 2022, countries that imported more from Pakistan than Ecuador included Germany ($2.8B), United Arab Emirates ($2.58B), and United Kingdom ($2.41B).

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

Comparative Advantage Ecuador - Pakistan

Flow
Scale

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

During 2022, Ecuador had a large net trade with Pakistan in the exports of Foodstuffs ($165k), Machines ($69.9k), and Vegetable Products ($58.9k).

During 2017, Pakistan had a large net trade with Ecuador in the exports of Textiles ($15.6M), Miscellaneous ($1.16M), and Instruments ($918k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Pakistan+$155kAnimal Food
Top Product Potential Pakistan Ecuador+$987kMedical Instruments

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

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

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