Israel (ISR) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

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Israel-Ecuador Trade: In 2023, Israel exported $39.6M to Ecuador. The main products that Israel exported to Ecuador were Video Displays ($3.6M), Liquid Dispersing Machines ($2.63M), and Industrial Printers ($2.46M). Over the past 5 years the exports of Israel to Ecuador have increased at an annualized rate of 4.91%, from $31.1M in 2018 to $39.6M in 2023.

In 2007, Israel exported services to Ecuador worth $228k, with Computer and information services ($228k) being the largest in terms of value.

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

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

Comparison: In 2023, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). That same year, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Israel exported $39.6M to Ecuador. The main products exported from Israel to Ecuador were Video Displays ($3.6M), Liquid Dispersing Machines ($2.63M), and Industrial Printers ($2.46M). During the last 5 years the exports of Israel to Ecuador have increased at an annualized rate of 4.91%, from $31.1M in 2018 to $39.6M in 2023.

Ecuador does not register exports to Israel. The main products exported from Ecuador to Israel were Other Processed Fruits and Nuts ($5.82M), Processed Fish ($1.25M), and Frozen Fruits and Nuts ($1.02M).

Exports from Israel () to Ecuador () (2023)

Exports from Ecuador () to Israel () (2023)

Latest Data

Trade between Israel () and Ecuador ()

Israel Exports

Date

Ecuador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Israel
Top DestinationUnited States$20.3B

Ecuador
Top DestinationUnited States$8.34B

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

In 2023, countries that imported more from Israel than Ecuador included United States ($20.3B), Ireland ($4.22B), and Hong Kong ($2.46B).

In 2023, countries that imported more from Ecuador than Israel included Panama ($4.38B), Peru ($1.15B), and Chile ($1.11B).

Difference in imports from Ecuador () and Israel () (2023)

Comparative Advantage Israel - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Israel had a large net trade with Ecuador in the exports of Machines ($15.6M), Chemical Products ($12.2M), and Instruments ($4.17M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Israel Ecuador+$1.99MTelephones

Top Product Potential Ecuador Israel+$582kOther Processed Fruits and Nuts

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

Year

This visualization shows the product space at the HS4 level with the flags of Israel and Ecuador. This means that a dot/product with the flag of Israel indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over Israel.

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Historical Data

Bilateral Trade by Products

Exports from Israel () to Ecuador () (2023)

Exports from Ecuador () to Israel () (2023)

Latest Data

Trade between Israel () and Ecuador ()

Israel Exports

Ecuador Exports

Market Competitiveness

Difference in imports from Ecuador () and Israel () (2023)

Comparative Advantage Israel - Ecuador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Israel () and Ecuador () (2023)

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