Qatar (QAT) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

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Qatar-Ecuador Trade: In 2022, Qatar exported $1.9M to Ecuador. The main products that Qatar exported to Ecuador were Cleaning Products ($989k), Ethylene Polymers ($624k), and Sodium or Potassium Peroxides ($165k). Over the past 5 years the exports of Qatar to Ecuador have increased at an annualized rate of 6.85%, from $1.37M in 2017 to $1.9M in 2022.

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

Ecuador-Qatar Trade: In 2022, Ecuador exported $22.1M to Qatar. The main products that Ecuador exported to Qatar were Cut Flowers ($11.8M), Bananas ($8.79M), and Other Furniture ($281k). Over the past 5 years the exports of Ecuador to Qatar have increased at an annualized rate of 36.8%, from $4.6M in 2017 to $22.1M in 2022.

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

Comparison: In 2022, Qatar ranked 71 in the Economic Complexity Index (ECI -0.15), and 38 in total exports ($119B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Qatar exported $1.9M to Ecuador. The main products exported from Qatar to Ecuador were Cleaning Products ($989k), Ethylene Polymers ($624k), and Sodium or Potassium Peroxides ($165k). During the last 5 years the exports of Qatar to Ecuador have increased at an annualized rate of 6.85%, from $1.37M in 2017 to $1.9M in 2022.

In 2017, Ecuador exported $22.1M to Qatar. The main products exported from Ecuador to Qatar were Cut Flowers ($11.8M), Bananas ($8.79M), and Other Furniture ($281k). During the last 5 years the exports of Ecuador to Qatar have increased at an annualized rate of 36.8%, from $4.6M in 2022 to $22.1M in 2017.

Exports from Qatar () to Ecuador () (2022)

Exports from Ecuador () to Qatar () (2022)

Latest Data

Trade between Qatar () and Ecuador ()

Qatar Exports

Date

Ecuador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$21.1B

Ecuador
Top DestinationUnited States$9.86B

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

In 2022, countries that imported more from Qatar than Ecuador included India ($17.4B), China ($21.1B), and Japan ($12B).

In 2022, countries that imported more from Ecuador than Qatar included United States ($9.86B), Panama ($4.97B), and Chile ($1.34B).

Difference in imports from Ecuador () and Qatar () (2022)

Comparative Advantage Qatar - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Qatar had a large net trade with Ecuador in the exports of Chemical Products ($1.15M), Plastics and Rubbers ($625k), and Instruments ($121k).

During 2017, Ecuador had a large net trade with Qatar in the exports of Vegetable Products ($20.8M), Miscellaneous ($511k), and Foodstuffs ($284k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Qatar Ecuador+$6.32kRefined Petroleum

Top Product Potential Ecuador Qatar+$410kCrustaceans

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

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Historical Data

Bilateral Trade by Products

Exports from Qatar () to Ecuador () (2022)

Exports from Ecuador () to Qatar () (2022)

Latest Data

Trade between Qatar () and Ecuador ()

Qatar Exports

Ecuador Exports

Market Competitiveness

Difference in imports from Ecuador () and Qatar () (2022)

Comparative Advantage Qatar - Ecuador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Qatar () and Ecuador () (2022)

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