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2022
Flag → Flag
Exports $7.14BRnk 63 / 211
2022
Flag → Flag
Top Product $393MCars
2022
Flag → Flag
Exports $6.17BRnk 2 / 170
2022
Flag → Flag
Top Product $4.3BCrustaceans
2022
Flag
Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag  
GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC $12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

China-Ecuador Trade: In 2022, China exported $7.14B to Ecuador. The main products that China exported to Ecuador were Cars ($393M), Delivery Trucks ($278M), and Broadcasting Equipment ($251M). Over the past 5 years the exports of China to Ecuador have increased at an annualized rate of 14.9%, from $3.56B in 2017 to $7.14B in 2022.

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

Ecuador-China Trade: In 2022, Ecuador exported $6.17B to China. The main products that Ecuador exported to China were Crustaceans ($4.3B), Copper Ore ($1.22B), and Precious Metal Ore ($199M). Over the past 5 years the exports of Ecuador to China have increased at an annualized rate of 51.1%,  from $783M in 2017 to $6.17B in 2022.

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

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Latest Trends

July, 2024

About

Overview In July 2024, China exported $520M and imported $638M from Ecuador, resulting in a negative trade balance of $118M. Between July 2023 and July 2024 the exports of China have increased by $5.56M (1.08%) from $515M to $520M, while imports increased by $176M (38.1%) from $462M to $638M.

Trade In July 2024, the top exports of China to Ecuador were Cars ($48.8M), Delivery Trucks ($15.8M), Computers ($13.9M), Motorcycles and cycles ($13M), and Motor vehicles; parts and accessories (8701... ($9.94M). In July 2024 the top imports of China from Ecuador were Crustaceans ($212M), Copper Ore ($127M), Crude Petroleum ($57.3M), Precious Metal Ore ($25.8M), and Other Wood Articles ($10.7M).

Origins In July 2024 the exports of China were mainly from Zhejiang Province ($127M), Guangdong Province ($109M), Jiangsu Province ($56.8M), Shandong Province ($52.2M), and Shanghai Province ($29.5M), while imports destinations were mainly Anhui Province ($180M), Beijing ($140M), Zhejiang Province ($67.4M), Shandong Province ($49.5M), and Guangdong Province ($37.1M).

Growth In July 2024, the increase in China's year-by-year exports to Ecuador was explained primarily by an increase in product exports in Trunks and Cases ($6.15M or 283%), Glass Bricks ($6.13M or 2.16k%), and Other toys ($5.4M or 161%). In July 2024, the increase in China's year-by-year imports  from Ecuador was explained primarily by an increase in product imports  in Copper Ore ($49.4M or 63.7%), Precious Metal Ore ($16.4M or 174%), and Other Wood Articles ($4.95M or 85.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$5.56M(1.08%)
IMPORT GROWTH (July 2023 - July 2024)$176M(38.1%)
MAIN EXPORTER (July 2024)Zhejiang Province$127M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Ecuador and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ecuador and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $7.14B to Ecuador. The main products exported from China to Ecuador were Cars ($393M), Delivery Trucks ($278M), and Broadcasting Equipment ($251M). During the last 5 years the exports of China to Ecuador have increased at an annualized rate of 14.9%, from $3.56B in 2017 to $7.14B in 2022.

In 2017, Ecuador exported $6.17B to China. The main products exported from Ecuador to China were Crustaceans ($4.3B), Copper Ore ($1.22B), and Precious Metal Ore ($199M). During the last 5 years the exports of Ecuador to China have increased at an annualized rate of 51.1%, from $783M in 2022 to $6.17B in 2017.

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$551B
Ecuador
Top DestinationUnited States$9.86B

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

In 2022, countries that imported more from China than Ecuador included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Ecuador than China included Guam ($348k), Saint Martin ($39.8k), and Bonaire ($10.9k).

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

Comparative Advantage China - Ecuador

Flow
Scale

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

During 2022, China had a large net trade with Ecuador in the exports of Machines ($2.11B), Transportation ($1.11B), and Metals ($1.03B).

During 2017, Ecuador had a large net trade with China in the exports of Animal Products ($4.31B), Mineral Products ($1.52B), and Vegetable Products ($106M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Ecuador+$99.6MRefined Petroleum
Top Product Potential Ecuador China+$983MCrude 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

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

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

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