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2022
Flag → Flag
Exports $209MRnk 72 / 216
2022
Flag → Flag
Top Product $43.8MCars
2022
Flag → Flag
Exports $178MRnk 26 / 170
2022
Flag → Flag
Top Product $156MCocoa Beans
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag  
GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC $4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Indonesia-Ecuador Trade: In 2022, Indonesia exported $209M to Ecuador. The main products that Indonesia exported to Ecuador were Cars ($43.8M), Video Displays ($33M), and Uncoated Paper ($19.1M). Over the past 5 years the exports of Indonesia to Ecuador have increased at an annualized rate of 17.9%, from $91.8M in 2017 to $209M in 2022.

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

Ecuador-Indonesia Trade: In 2022, Ecuador exported $178M to Indonesia. The main products that Ecuador exported to Indonesia were Cocoa Beans ($156M), Raw Tobacco ($13M), and Lifting Machinery ($5.62M). Over the past 5 years the exports of Ecuador to Indonesia have increased at an annualized rate of 12.6%,  from $98.5M in 2017 to $178M in 2022.

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

Comparison: In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). That same year, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Indonesia exported $209M to Ecuador. The main products exported from Indonesia to Ecuador were Cars ($43.8M), Video Displays ($33M), and Uncoated Paper ($19.1M). During the last 5 years the exports of Indonesia to Ecuador have increased at an annualized rate of 17.9%, from $91.8M in 2017 to $209M in 2022.

In 2017, Ecuador exported $178M to Indonesia. The main products exported from Ecuador to Indonesia were Cocoa Beans ($156M), Raw Tobacco ($13M), and Lifting Machinery ($5.62M). During the last 5 years the exports of Ecuador to Indonesia have increased at an annualized rate of 12.6%, from $98.5M in 2022 to $178M in 2017.

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

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

Latest Data

Trade between Indonesia (Flag) and Ecuador (Flag)

Indonesia Exports

Ecuador Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$67.7B
Ecuador
Top DestinationUnited States$9.86B

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

In 2022, countries that imported more from Indonesia than Ecuador included China ($67.7B), Japan ($26.6B), and India ($25.3B).

In 2022, countries that imported more from Ecuador than Indonesia included Panama ($4.97B), Chile ($1.34B), and Colombia ($1.07B).

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

Comparative Advantage Indonesia - Ecuador

Flow
Scale

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

During 2022, Indonesia had a large net trade with Ecuador in the exports of Machines ($59.7M), Transportation ($47.3M), and Paper Goods ($30.8M).

During 2017, Ecuador had a large net trade with Indonesia in the exports of Foodstuffs ($169M), Machines ($6.17M), and Vegetable Products ($2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Ecuador+$15MCars
Top Product Potential Ecuador Indonesia+$2.3MRaw Tobacco

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

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

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