2022
Flag  
GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP
$20.7BCURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP GROWTH
20.8%CURRENT US$
Rnk 121 / 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
$1,267CURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP PC GROWTH
-1.8%CURRENT US$
Rnk 147 / 186

About

Ecuador-Zimbabwe Trade: In 2022, Ecuador exported $2.15k to Zimbabwe. The main products that Ecuador exported to Zimbabwe were Computers ($841), Video Recording Equipment ($385), and Video Displays ($208). Over the past 11 years the exports of Ecuador to Zimbabwe have decreased at an annualized rate of 9.07%, from $6.11k in 2011 to $2.15k in 2022.

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

Zimbabwe-Ecuador In N/A, Zimbabwe did not export any products to Ecuador.

In 2022, Zimbabwe 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, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $2.15k to Zimbabwe. The main products exported from Ecuador to Zimbabwe were Computers ($841), Video Recording Equipment ($385), and Video Displays ($208). During the last 11 years the exports of Ecuador to Zimbabwe have decreased at an annualized rate of 9.07%, from $6.11k in 2011 to $2.15k in 2022.

Zimbabwe does not register exports to Ecuador. The main products exported from Zimbabwe to Ecuador were Other Engines ($4.28k), Plastic Lids ($14), and Other Rubber Products ($4).

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Zimbabwe
Top Destination
United Arab Emirates$4.78B

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

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

In 2022, countries that imported more from Zimbabwe than Ecuador included United Arab Emirates ($4.78B), South Africa ($1.47B), and Mozambique ($191M).

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

Comparative Advantage Ecuador - Zimbabwe

Flow
Scale

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

During 2022, Ecuador had a large net trade with Zimbabwe in the exports of Machines ($1.9k), Plastics and Rubbers ($77), and Instruments ($49).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Zimbabwe+$2.53kRefined Petroleum
Top Product Potential Zimbabwe Ecuador+$1.9kFerroalloys

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

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

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