2022
Flag  
GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP
$10.9BCURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 35 / 186
2022
Flag
GDP PC 
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC
$1,607CURRENT US$
Rnk 153 / 186
2012-2022
Flag
GDP PC GROWTH
36.4%CURRENT US$
Rnk 56 / 186

About

Ecuador-Kyrgyzstan Trade: In 2022, Ecuador exported $9.17M to Kyrgyzstan. The main products that Ecuador exported to Kyrgyzstan were Cut Flowers ($5.95M), Bananas ($3.18M), and Motor vehicles; parts and accessories (8701 to 8705) ($16.9k). Over the past 5 years the exports of Ecuador to Kyrgyzstan have increased at an annualized rate of 122%, from $169k in 2017 to $9.17M in 2022.

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

Kyrgyzstan-Ecuador Trade: In 2022, Kyrgyzstan exported $5 to Ecuador. The main products that Kyrgyzstan exported to Ecuador were Iron Fasteners ($5). Over the past 5 years the exports of Kyrgyzstan to Ecuador have decreased at an annualized rate of 74.3%,  from $4.42k in 2017 to $5 in 2022.

In 2009, Kyrgyzstan exported services to Ecuador worth $0, with being the largest in terms of value.

Comparison: In 2022,  Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B). That same year, Kyrgyzstan ranked 70 in the Economic Complexity Index (ECI -0.12), and 141 in total exports ($2.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $9.17M to Kyrgyzstan. The main products exported from Ecuador to Kyrgyzstan were Cut Flowers ($5.95M), Bananas ($3.18M), and Motor vehicles; parts and accessories (8701 to 8705) ($16.9k). During the last 5 years the exports of Ecuador to Kyrgyzstan have increased at an annualized rate of 122%, from $169k in 2017 to $9.17M in 2022.

In 2017, Kyrgyzstan exported $5 to Ecuador. The main products exported from Kyrgyzstan to Ecuador were Iron Fasteners ($5). During the last 5 years the exports of Kyrgyzstan to Ecuador have decreased at an annualized rate of 74.3%, from $4.42k in 2022 to $5 in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Kyrgyzstan
Top Destination
Russia$1.07B

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

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

In 2022, countries that imported more from Kyrgyzstan than Ecuador included Kazakhstan ($445M), Uzbekistan ($240M), and Russia ($1.07B).

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

Comparative Advantage Ecuador - Kyrgyzstan

Flow
Scale

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

During 2022, Ecuador had a large net trade with Kyrgyzstan in the exports of Vegetable Products ($9.13M), Transportation ($16.9k), and Plastics and Rubbers ($12.6k).

During 2017, Kyrgyzstan had a large net trade with Ecuador in the exports of Metals ($5).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Kyrgyzstan+$64.4kCut Flowers
Top Product Potential Kyrgyzstan Ecuador+$3.52kRefined 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 Ecuador and Kyrgyzstan. This means that a dot/product with the flag of Ecuador indicates it has a comparative advantage over Kyrgyzstan. Similarly, a dot/product with the flag of Kyrgyzstan indicates it has a comparative advantage over Ecuador.

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

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