Saudi Arabia (SAU) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

About

Saudi Arabia-Ecuador Trade: In 2022, Saudi Arabia exported $17.2M to Ecuador. The main products that Saudi Arabia exported to Ecuador were Propylene Polymers ($8.05M), Ethylene Polymers ($4.92M), and Float Glass ($1.81M). Over the past 5 years the exports of Saudi Arabia to Ecuador have decreased at an annualized rate of 5%, from $22.2M in 2017 to $17.2M in 2022.

In 2022, Saudi Arabia did not export any services to Ecuador.

Ecuador-Saudi Arabia Trade: In 2022, Ecuador exported $125M to Saudi Arabia. The main products that Ecuador exported to Saudi Arabia were Bananas ($120M), Cut Flowers ($3.15M), and Confectionery Sugar ($1.02M). Over the past 5 years the exports of Ecuador to Saudi Arabia have increased at an annualized rate of 4.8%, from $99.2M in 2017 to $125M in 2022.

In 2022, Ecuador did not export any services to Saudi Arabia.

Comparison: In 2022, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Saudi Arabia exported $17.2M to Ecuador. The main products exported from Saudi Arabia to Ecuador were Propylene Polymers ($8.05M), Ethylene Polymers ($4.92M), and Float Glass ($1.81M). During the last 5 years the exports of Saudi Arabia to Ecuador have decreased at an annualized rate of 5%, from $22.2M in 2017 to $17.2M in 2022.

In 2017, Ecuador exported $125M to Saudi Arabia. The main products exported from Ecuador to Saudi Arabia were Bananas ($120M), Cut Flowers ($3.15M), and Confectionery Sugar ($1.02M). During the last 5 years the exports of Ecuador to Saudi Arabia have increased at an annualized rate of 4.8%, from $99.2M in 2022 to $125M in 2017.

Exports from Saudi Arabia () to Ecuador () (2022)

Exports from Ecuador () to Saudi Arabia () (2022)

Latest Data

Trade between Saudi Arabia () and Ecuador ()

Saudi Arabia Exports

Date

Ecuador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$68B

Ecuador
Top DestinationUnited States$9.86B

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

In 2022, countries that imported more from Saudi Arabia than Ecuador included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Ecuador than Saudi Arabia included Panama ($4.97B), Chile ($1.34B), and Colombia ($1.07B).

Difference in imports from Ecuador () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Saudi Arabia had a large net trade with Ecuador in the exports of Plastics and Rubbers ($13.8M), Stone And Glass ($1.99M), and Metals ($934k).

During 2017, Ecuador had a large net trade with Saudi Arabia in the exports of Vegetable Products ($123M), Foodstuffs ($1.62M), and Miscellaneous ($762k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Saudi Arabia Ecuador+$8.56kRefined Petroleum

Top Product Potential Ecuador Saudi Arabia+$6.4kCrude 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Ecuador () (2022)

Exports from Ecuador () to Saudi Arabia () (2022)

Latest Data

Trade between Saudi Arabia () and Ecuador ()

Saudi Arabia Exports

Ecuador Exports

Market Competitiveness

Difference in imports from Ecuador () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Ecuador

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Ecuador () (2022)

Keep Exploring