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2023
Flag → Flag
Exports $310kRnk 126 / 174
2023
Flag → Flag
Top Product $122kElectric Motors
2023
Flag → Flag
Exports $21MRnk 95 / 205
2023
Flag → Flag
Top Product $2.38MNon-Knit Women's Suits
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.55Rnk 89 / 132
2023
Flag  
GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
 GDP$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 113 / 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$1,365CURRENT US$
Rnk 170 / 196
2013-2023
Flag
GDP PC GROWTH11.4%CURRENT US$
Rnk 130 / 195

About

Ecuador-Pakistan Trade: In 2023, Ecuador exported $310k to Pakistan. The main products that Ecuador exported to Pakistan were Electric Motors ($122k), Animal Food ($93k), and Bananas ($40.2k). Over the past 5 years the exports of Ecuador to Pakistan have decreased at an annualized rate of 50.8%, from $10.8M in 2018 to $310k in 2023.

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

Pakistan-Ecuador Trade: In 2023, Pakistan exported $21M to Ecuador. The main products that Pakistan exported to Ecuador were Non-Knit Women's Suits ($2.38M), Non-Knit Men's Suits ($2.12M), and Light Synthetic Cotton Fabrics ($1.62M). Over the past 5 years the exports of Pakistan to Ecuador have increased at an annualized rate of 5.46%,  from $16.1M in 2018 to $21M in 2023.

In 2023, Pakistan 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, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Latest Trends

November, 2021

About

Overview In November 2021, Ecuador exported $60.1k and imported $989k from Pakistan, resulting in a negative trade balance of $929k. Between November 2020 and November 2021 the exports of Ecuador have increased by $10.2k (20.3%) from $49.9k to $60.1k, while imports increased by $166k (20.2%) from $823k to $989k.

Trade In November 2021, the top exports of Ecuador to Pakistan were Scrap Copper ($18.3k) and Scrap Plastic ($11.6k). In November 2021 the top imports of Ecuador from Pakistan were Light Synthetic Cotton Fabrics ($173k), Non-Knit Men's Suits ($56.3k), Medical Instruments ($49.4k), Knit T-shirts ($48.8k), and Knit Sweaters ($46.1k).

Origins In November 2021 the exports of Ecuador were mainly from N/A, while imports destinations were mainly Guayaquil-Marítimo ($670k), Quito ($259k), Tulcán ($20.3k), Guayaquil-Aéreo ($19.9k), and Huaquillas ($16k).

Growth In November 2021, the increase in Ecuador's year-by-year exports to Pakistan was explained primarily by an increase in product exports in . In December 2021, the increase in Ecuador's year-by-year imports  from Pakistan was explained primarily by an increase in product imports  in Light Pure Woven Cotton ($15.3k or 382%), Medical Instruments ($13k or 35.8%), and Knit T-shirts ($12.4k or 34.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2020 - November 2021)$10.2k(20.3%)
IMPORT GROWTH (December 2020 - December 2021)$166k(20.2%)

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 Pakistan and Ecuador trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ecuador exported $310k to Pakistan. The main products exported from Ecuador to Pakistan were Electric Motors ($122k), Animal Food ($93k), and Bananas ($40.2k). During the last 5 years the exports of Ecuador to Pakistan have decreased at an annualized rate of 50.8%, from $10.8M in 2018 to $310k in 2023.

In 2018, Pakistan exported $21M to Ecuador. The main products exported from Pakistan to Ecuador were Non-Knit Women's Suits ($2.38M), Non-Knit Men's Suits ($2.12M), and Light Synthetic Cotton Fabrics ($1.62M). During the last 5 years the exports of Pakistan to Ecuador have increased at an annualized rate of 5.46%, from $16.1M in 2023 to $21M in 2018.

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

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

Market Competitiveness

Color
Ecuador
Top DestinationUnited States$8.34B
Pakistan
Top DestinationUnited States$5.18B

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

In 2023, countries that imported more from Pakistan than Ecuador included United Arab Emirates ($3.7B), Germany ($2.43B), and United Kingdom ($2.28B).

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

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 2023, Ecuador had a large net trade with Pakistan in the exports of Machines ($134k), Foodstuffs ($132k), and Vegetable Products ($40.2k).

During 2018, Pakistan had a large net trade with Ecuador in the exports of Textiles ($14.3M), Machines ($1.74M), and Instruments ($1.14M).

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) (2023)

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