Ecuador

-1.32

Econ Complexity 83rd of 89
1980
2016

$16.8B

Exports 55th of 120
1980
2016

$16B

Imports 62nd of 120
1980
2016

$11.3k

GDP Per Capita 61st of 89
1990
2016
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Looking for commercial partners in Ecuador? List your company on Macro Market.

Ecuador is the 55th largest export economy in the world and the 84th most complex economy according to the Economic Complexity Index (ECI). In 2016, Ecuador exported $16.8B and imported $16B, resulting in a positive trade balance of $789M. In 2016 the GDP of Ecuador was $97.8B and its GDP per capita was $11.3k.

The top exports of Ecuador are Crude Petroleum ($5.05B), Bananas ($2.74B), Crustaceans ($2.59B), Processed Fish ($896M) and Cut Flowers ($802M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($1.34B), Coal Tar Oil ($972M), Packaged Medicaments ($717M), Cars ($480M) and Soybean Meal ($362M).

The top export destinations of Ecuador are the United States ($5.44B), Chile ($1.15B), Vietnam ($1.12B), Peru ($934M) and Colombia ($810M). The top import origins are the United States ($4.15B), China ($2.26B), Colombia ($1.2B), Brazil ($653M) and Peru ($651M).

Ecuador borders Colombia and Peru by land and Costa Rica by sea.

Economic Complexity of Ecuador

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