South Korea-Ecuador Trade: In 2022, South Korea exported $1.09B to Ecuador. The main products that South Korea exported to Ecuador were Refined Petroleum ($461M), Coal Tar Oil ($182M), and Cars ($82.4M). Over the past 5 years the exports of South Korea to Ecuador have increased at an annualized rate of 9.58%, from $687M in 2017 to $1.09B in 2022.
In 2022, South Korea did not export any services to Ecuador.
Ecuador-South Korea Trade: In 2022, Ecuador exported $205M to South Korea. The main products that Ecuador exported to South Korea were Crude Petroleum ($107M), Crustaceans ($63.6M), and Scrap Copper ($19.9M). Over the past 5 years the exports of Ecuador to South Korea have increased at an annualized rate of 11.3%, from $120M in 2017 to $205M in 2022.
In 2022, Ecuador did not export any services to South Korea.
Comparison: In 2022, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B). That same year, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).