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Pricing

2022
Flag → Flag
Exports $13.2kRnk 157 / 170
2022
Flag → Flag
Top Product $2.05kDairy Machinery
2022
Flag → Flag
Exports $2.99kRnk 122 / 142
2022
Flag → Flag
Top Product $2.65kKnit Men's Coats
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH73.9%CURRENT US$
Rnk 27 / 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$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186

About

Ecuador-Rwanda Trade: In 2022, Ecuador exported $13.2k to Rwanda. The main products that Ecuador exported to Rwanda were Dairy Machinery ($2.05k), Other Plastic Products ($1.97k), and Valves ($1.7k). Over the past 5 years the exports of Ecuador to Rwanda have increased at an annualized rate of 31.1%, from $3.41k in 2017 to $13.2k in 2022.

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

Rwanda-Ecuador Trade: In 2022, Rwanda exported $2.99k to Ecuador. The main products that Rwanda exported to Ecuador were Knit Men's Coats ($2.65k), Low-voltage Protection Equipment ($182), and Tea ($153). Over the past 5 years the exports of Rwanda to Ecuador have decreased at an annualized rate of 32.4%,  from $21.1k in 2017 to $2.99k in 2022.

In 2022, Rwanda 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, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Latest Trends

N/A

About

Overview In N/A, Ecuador exported $N/A and imported $N/A from Rwanda, 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 Rwanda were . In N/A the top imports of Ecuador from Rwanda were .

Origins In N/A the exports of Ecuador were mainly from N/A, while imports destinations were mainly N/A.

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

Latest Trade

Time Scale
Flow
Value
Depth

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 Rwanda and Ecuador trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Rwanda and Ecuador Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $13.2k to Rwanda. The main products exported from Ecuador to Rwanda were Dairy Machinery ($2.05k), Other Plastic Products ($1.97k), and Valves ($1.7k). During the last 5 years the exports of Ecuador to Rwanda have increased at an annualized rate of 31.1%, from $3.41k in 2017 to $13.2k in 2022.

In 2017, Rwanda exported $2.99k to Ecuador. The main products exported from Rwanda to Ecuador were Knit Men's Coats ($2.65k), Low-voltage Protection Equipment ($182), and Tea ($153). During the last 5 years the exports of Rwanda to Ecuador have decreased at an annualized rate of 32.4%, from $21.1k in 2022 to $2.99k in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top DestinationUnited States$9.86B
Rwanda
Top DestinationUnited Arab Emirates$568M

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

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

In 2022, countries that imported more from Rwanda than Ecuador included Democratic Republic of the Congo ($450M), United Arab Emirates ($568M), and Ethiopia ($55.2M).

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

Comparative Advantage Ecuador - Rwanda

Flow
Scale

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

During 2022, Ecuador had a large net trade with Rwanda in the exports of Machines ($5.13k), Foodstuffs ($4.93k), and Plastics and Rubbers ($1.97k).

During 2017, Rwanda had a large net trade with Ecuador in the exports of Textiles ($2.65k), Machines ($182), and Vegetable Products ($153).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Rwanda+$1.91kProcessed Fish
Top Product Potential Rwanda Ecuador+$1.92kCoffee

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

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

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