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2022
Flag → Flag
Exports $1.95kRnk 63 / 79
2022
Flag → Flag
Top Product $1.89kOther Rubber Products
2022
Flag → Flag
Exports $44.3MRnk 48 / 170
2022
Flag → Flag
Top Product $43.1MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Aruba-Ecuador Trade: In 2022, Aruba exported $1.95k to Ecuador. The main products that Aruba exported to Ecuador were Other Rubber Products ($1.89k) and Hats ($59). Over the past 8 years the exports of Aruba to Ecuador have decreased at an annualized rate of 23.2%, from $16.2k in 2014 to $1.95k in 2022.

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

Ecuador-Aruba Trade: In 2022, Ecuador exported $44.3M to Aruba. The main products that Ecuador exported to Aruba were Refined Petroleum ($43.1M), Crustaceans ($532k), and Particle Board ($400k). Over the past 8 years the exports of Ecuador to Aruba have increased at an annualized rate of 122%,  from $370k in 2014 to $44.3M in 2022.

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

Comparison In 2022,  Aruba ranked 194 in total exports ($123M), and does not have data regarding Economic Complexity Index. 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
Value

In 2022, Aruba exported $1.95k to Ecuador. The main products exported from Aruba to Ecuador were Other Rubber Products ($1.89k) and Hats ($59). During the last 8 years the exports of Aruba to Ecuador have decreased at an annualized rate of 23.2%, from $16.2k in 2014 to $1.95k in 2022.

In 2017, Ecuador exported $44.3M to Aruba. The main products exported from Ecuador to Aruba were Refined Petroleum ($43.1M), Crustaceans ($532k), and Particle Board ($400k). During the last 5 years the exports of Ecuador to Aruba have increased at an annualized rate of 122%, from $370k in 2022 to $44.3M in 2017.

Exports from Aruba (Flag) to Ecuador (Flag) (2022)

Exports from Ecuador (Flag) to Aruba (Flag) (2022)

Latest Data

Trade between Aruba (Flag) and Ecuador (Flag)

Ecuador Exports

Market Competitiveness

Color
Aruba
Top DestinationColombia$49M
Ecuador
Top DestinationUnited States$9.86B

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

In 2022, countries that imported more from Aruba than Ecuador included Guyana ($10.4M), Suriname ($2.92M), and Bonaire ($1.48M).

In 2022, countries that imported more from Ecuador than Aruba included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

Difference in imports from Ecuador (Flag) and Aruba (Flag) (2022)

Comparative Advantage Aruba - Ecuador

Flow
Scale

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

During 2022, Aruba had a large net trade with Ecuador in the exports of Plastics and Rubbers ($1.89k) and Footwear and Headwear ($59).

During 2017, Ecuador had a large net trade with Aruba in the exports of Mineral Products ($43.1M), Animal Products ($532k), and Wood Products ($412k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Aruba and Ecuador. This means that a dot/product with the flag of Aruba indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over Aruba.

Product Space of Aruba (Flag) and Ecuador (Flag) (2022)

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