Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Ecuador | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of merchandise exports from Ecuador totalled $ 31 billion in 2023. Overall commodity exports from Ecuador decreased by 12% compared to 2022. Merchandise exports decreased by $ 4.25 billion (the value of merchandise exports from Ecuador amounted to $35 billion in 2022)

Ecuador's exports 2023 by country

Top export destinations of commodities from Ecuador in 2023:

  • USA with a share of 23% (7.4 billion US$)
  • China with a share of 18.2% (5.67 billion US$)
  • Panama with a share of 14.3% (4.47 billion US$)
  • Chile with a share of 3.14% (978 million US$)
  • Peru with a share of 3.13% (974 million US$)
  • Russia with a share of 2.96% (923 million US$)
  • Spain with a share of 2.74% (853 million US$)
  • Netherlands with a share of 2.73% (852 million US$)
  • Colombia with a share of 2.49% (775 million US$)
  • Italy with a share of 2.02% (629 million US$)

Exports structure from Ecuador in 2023 represented by the following main commodity groups:

  • 28% (8.98 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 24% (7.52 billion US$): 03 - Fish and crustaceans, molluscs and other aquatic invertebrates
  • 13.2% (4.11 billion US$): 08 - Edible fruit and nuts; peel of citrus fruit or melons
  • 6.18% (1.92 billion US$): 26 - Ores, slag and ash
  • 4.57% (1.42 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 4.4% (1.37 billion US$): 16 - Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates
  • 4.24% (1.32 billion US$): 18 - Cocoa and cocoa preparations
  • 3.23% (1 billion US$): 06 - Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage
  • 1.71% (533 million US$): 44 - Wood and articles of wood; wood charcoal
  • 1.02% (319 million US$): 20 - Preparations of vegetables, fruit, nuts or other parts of plants

What did Ecuador export in 2023?

Ecuador's Top Exports in 2023:

  • 25% ($7.82 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 23% ($7.21 billion): 0306 - Crustaceans; in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked, cooked or not before or during smoking; in shell, steamed or boiled, whether or not chilled, frozen, dried, salted or in brine
  • 12.1% ($3.78 billion): 0803 - Bananas, including plantains, fresh or dried
  • 4.46% ($1.39 billion): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 4.26% ($1.32 billion): 1604 - Prepared or preserved fish; caviar and caviar substitutes prepared from fish eggs
  • 3.97% ($1.23 billion): 2603 - Copper ores and concentrates
  • 3.76% ($1.17 billion): 1801 - Cocoa beans, whole or broken, raw or roasted
  • 3.61% ($1.12 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 3.17% ($987 million): 0603 - Cut flowers and flower buds of a kind suitable for bouquets or for ornamental purposes, fresh, dried, dyed, bleached, impregnated or otherwise prepared
  • 2.19% ($684 million): 2616 - Precious metal ores and concentrates

The value of merchandise imports to Ecuador totalled $ 30 billion in 2023. Overall commodity imports to Ecuador decreased by 6.51% compared to 2022. Merchandise imports decreased by $ 2.15 billion (the value of merchandise imports to Ecuador was equal to $33 billion in 2022)

Ecuador's imports 2023 by country

Top trading partners (import sources) of Ecuador in 2023:

  • USA with a share of 26% (8.28 billion US$)
  • China with a share of 20% (6.4 billion US$)
  • Colombia with a share of 7.4% (2.28 billion US$)
  • Brazil with a share of 3.98% (1.23 billion US$)
  • Peru with a share of 3.47% (1.07 billion US$)
  • Korea with a share of 2.76% (853 million US$)
  • Italy with a share of 2.65% (819 million US$)
  • Japan with a share of 2.51% (778 million US$)
  • Spain with a share of 2.39% (741 million US$)
  • Mexico with a share of 2.39% (738 million US$)

Imports structure to Ecuador in 2023 represented by the following main commodity groups:

  • 24% (7.45 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 10% (3.1 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 9.03% (2.79 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 6.69% (2.06 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 5.22% (1.61 billion US$): 23 - Residues and waste from the food industries; prepared animal feed
  • 4.31% (1.33 billion US$): 30 - Pharmaceutical products
  • 3.85% (1.19 billion US$): 39 - Plastics and articles thereof
  • 2.95% (912 million US$): 72 - Iron and steel
  • 2.15% (664 million US$): 10 - Cereals
  • 2.12% (655 million US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof

What did Ecuador import in 2023?

Ecuador's Top Imports in 2023:

  • 13.5% ($4.19 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 7.46% ($2.3 billion): 2707 - Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents
  • 4.46% ($1.37 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 3.25% ($1 billion): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 3.21% ($993 million): 2304 - Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soyabean oil
  • 2.28% ($704 million): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 2.1% ($650 million): 8704 - Motor vehicles for the transport of goods
  • 1.96% ($607 million): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 1.66% ($514 million): 1001 - Wheat and meslin.
  • 1.28% ($397 million): 2309 - Preparations of a kind used in animal feeding.

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Ecuador | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023