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Pricing

2023
Flag → Flag
Exports $86.4MRnk 38 / 174
2023
Flag → Flag
Top Product $52.4MBananas
2023
Flag → Flag
Exports $3.38MRnk 118 / 193
2023
Flag → Flag
Top Product $1.26MVaccines, blood, antisera, toxins and cultures
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.39Rnk 47 / 132
2023
Flag  
GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
 GDP$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH-6.16%CURRENT US$
Rnk 179 / 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$5,070CURRENT US$
Rnk 122 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 95 / 195

About

Ecuador-Ukraine Trade: In 2023, Ecuador exported $86.4M to Ukraine. The main products that Ecuador exported to Ukraine were Bananas ($52.4M), Crustaceans ($20.9M), and Cut Flowers ($6.3M). Over the past 5 years the exports of Ecuador to Ukraine have increased at an annualized rate of 2.8%, from $75.2M in 2018 to $86.4M in 2023.

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

Ukraine-Ecuador Trade: In 2023, Ukraine exported $3.38M to Ecuador. The main products that Ukraine exported to Ecuador were Vaccines, blood, antisera, toxins and cultures ($1.26M), Lubricating Products ($308k), and Niobium, Tantalum, Vanadium and Zirconium Ore ($274k). Over the past 5 years the exports of Ukraine to Ecuador have increased at an annualized rate of 13.3%,  from $1.81M in 2018 to $3.38M in 2023.

In 2023, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Latest Trends

December, 2021

About

Overview In December 2021, Ecuador exported $15.7M and imported $396k from Ukraine, resulting in a positive trade balance of $15.4M. Between December 2020 and December 2021 the exports of Ecuador have increased by $6.09M (63.1%) from $9.66M to $15.7M, while imports increased by $323k (439%) from $73.6k to $396k.

Trade In December 2021, the top exports of Ecuador to Ukraine were Bananas ($8.78M), Cut Flowers ($4.91M), Crustaceans ($987k), Non-fillet Frozen Fish ($298k), and Jams ($70.6k). In December 2021 the top imports of Ecuador from Ukraine were Ferroalloys ($76.5k), Seed Oils ($15.1k), Saddlery ($9.86k), Non-Knit Men's Suits ($7.92k), and Telephones ($6.49k).

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($13.9M), Quito ($986k), and Puerto Bolívar ($858k), while imports destinations were mainly Guayaquil-Marítimo ($359k), Quito ($35.2k), and Guayaquil-Aéreo ($2.31k).

Growth In December 2021, the increase in Ecuador's year-by-year exports to Ukraine was explained primarily by an increase in product exports in Bananas ($1.9M or 27.6%), Crustaceans ($889k or 908%), and Non-fillet Frozen Fish ($215k or 261%). In December 2021, the increase in Ecuador's year-by-year imports  from Ukraine was explained primarily by an increase in product imports  in Engine Parts ($950 or 83.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2020 - December 2021)$6.09M(63.1%)
IMPORT GROWTH (December 2020 - December 2021)$323k(439%)
MAIN EXPORTER (December 2021)Guayaquil-Marítimo$13.9M

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 Ukraine and Ecuador trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ukraine and Ecuador Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ecuador exported $86.4M to Ukraine. The main products exported from Ecuador to Ukraine were Bananas ($52.4M), Crustaceans ($20.9M), and Cut Flowers ($6.3M). During the last 5 years the exports of Ecuador to Ukraine have increased at an annualized rate of 2.8%, from $75.2M in 2018 to $86.4M in 2023.

In 2018, Ukraine exported $3.38M to Ecuador. The main products exported from Ukraine to Ecuador were Vaccines, blood, antisera, toxins and cultures ($1.26M), Lubricating Products ($308k), and Niobium, Tantalum, Vanadium and Zirconium Ore ($274k). During the last 5 years the exports of Ukraine to Ecuador have increased at an annualized rate of 13.3%, from $1.81M in 2023 to $3.38M in 2018.

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

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

Market Competitiveness

Color
Ecuador
Top DestinationUnited States$8.34B
Ukraine
Top DestinationPoland$4.83B

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

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

In 2023, countries that imported more from Ukraine than Ecuador included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

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

Comparative Advantage Ecuador - Ukraine

Flow
Scale

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

During 2023, Ecuador had a large net trade with Ukraine in the exports of Vegetable Products ($60M), Animal Products ($23.4M), and Foodstuffs ($2.98M).

During 2018, Ukraine had a large net trade with Ecuador in the exports of Chemical Products ($1.63M), Mineral Products ($545k), and Machines ($320k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Ukraine+$5.62kRefined Petroleum
Top Product Potential Ukraine Ecuador+$3.98kWheat

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

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

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