Uzbekistan (UZB) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

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Uzbekistan-Ecuador Trade: In 2023, Uzbekistan exported $22.6k to Ecuador. The main products that Uzbekistan exported to Ecuador were Knit T-shirts ($11.7k), Knit Women's Suits ($3.78k), and Knit Sweaters ($3.19k). Over the past 5 years the exports of Uzbekistan to Ecuador have decreased at an annualized rate of 49.7%, from $704k in 2018 to $22.6k in 2023.

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

Ecuador-Uzbekistan Trade: In 2023, Ecuador exported $88.9M to Uzbekistan. The main products that Ecuador exported to Uzbekistan were Bananas ($88.1M), Cut Flowers ($694k), and Crustaceans ($51k). Over the past 5 years the exports of Ecuador to Uzbekistan have increased at an annualized rate of 57.2%, from $9.26M in 2018 to $88.9M in 2023.

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

Comparison: In 2023, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B). 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, Uzbekistan exported $22.6k to Ecuador. The main products exported from Uzbekistan to Ecuador were Knit T-shirts ($11.7k), Knit Women's Suits ($3.78k), and Knit Sweaters ($3.19k). During the last 5 years the exports of Uzbekistan to Ecuador have decreased at an annualized rate of 49.7%, from $704k in 2018 to $22.6k in 2023.

In 2018, Ecuador exported $88.9M to Uzbekistan. The main products exported from Ecuador to Uzbekistan were Bananas ($88.1M), Cut Flowers ($694k), and Crustaceans ($51k). During the last 5 years the exports of Ecuador to Uzbekistan have increased at an annualized rate of 57.2%, from $9.26M in 2023 to $88.9M in 2018.

Exports from Uzbekistan () to Ecuador () (2023)

Exports from Ecuador () to Uzbekistan () (2023)

Latest Data

Trade between Uzbekistan () and Ecuador ()

Ecuador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$8.18B

Ecuador
Top DestinationUnited States$8.34B

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

In 2023, countries that imported more from Uzbekistan than Ecuador included Switzerland ($8.18B), United Kingdom ($2.65B), and Russia ($3.02B).

In 2023, countries that imported more from Ecuador than Uzbekistan included United States ($8.34B), China ($7.96B), and Panama ($4.38B).

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

Comparative Advantage Uzbekistan - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Uzbekistan had a large net trade with Ecuador in the exports of Textiles ($20.5k), Vegetable Products ($1.75k), and Chemical Products ($104).

During 2018, Ecuador had a large net trade with Uzbekistan in the exports of Vegetable Products ($88.8M), Animal Products ($51k), and Foodstuffs ($6.42k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uzbekistan Ecuador+$3.82kPetroleum Gas

Top Product Potential Ecuador Uzbekistan+$3.8kCrude Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from Uzbekistan () to Ecuador () (2023)

Exports from Ecuador () to Uzbekistan () (2023)

Latest Data

Trade between Uzbekistan () and Ecuador ()

Ecuador Exports

Market Competitiveness

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

Comparative Advantage Uzbekistan - Ecuador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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