Ecuador export Statistics

Ecuador Export Data

The Republic of Ecuador is another name for Ecuador. It is situated in South America's northwest region. Ecuador is bordered by Colombia, Peru, and the Pacific Ocean, among other two nations. In terms of land area, Ecuador ranks ninth among the countries in South America. Ecuador, whose total land size is roughly 283,561 km^2, is ranked 78th in terms of area. According to Ecuador's trade statistics and trade data for 2023, out of 226 countries, the country ranked 69th in the world for total commodities exported. Ecuador is a prosperous South American nation recognized for a wide variety of exports. Ecuador is renowned for having a vast natural resource base and a diverse economy. The nation has made a name for itself as a significant participant in international trade over time. Ecuador's advantageous location and business-friendly atmosphere have allowed it to effectively broaden its export market. 

According to Ecuador’s export data, Ecuador exported goods worth a total of $31.1 billion in 2023. Ecuador's goods exports declined by 12% in comparison to the previous year. The total GDP of Ecuador is $118.85 billion, with a GDP export share of 29.2%. Based on Ecuador’s customs data and shipment data, mineral fuel and oils are Ecuador’s biggest imports, while the USA is its biggest import partner. Ecuador's trade activities play a huge part in its exports. Ecuador is a part of trading blocs such as Mercosur, CAN, and WTO. Let us explore more about Ecuador's export data and gain insights about its key export trends in 2023.

 Ecuador Customs Export Data | Ecuador Trade Shipment Data

69

The country has been ranked 69th in global exports, showing a significant position in the international trade and export landscape.

0.1%

With a mere 0.1% share in global export trade, it becomes evident that its presence in the international export market is fairly on the rise.

USA

The USA holds a significant role as the largest export partner of the country in terms of goods exports and export share.

MINERAL FUELS AND OILS

Mineral fuels and oils are the major and biggest export commodities of the country, playing a vital role in its economy.

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Top 10 Exports of Ecuador | Ecuador Export Data by HS Code

Ecuador is renowned for its diverse range of exports, making it a significant player in the global market. The country's top 10 exports in 2023 reflect its rich natural resources and agricultural prowess. The top 10 exports of Ecuador in 2023 according to Ecuador’s export data and Ecuador's customs data are:

  • Mineral fuels and oils (HS code 27): 28.86% ($8.98 billion) 
  • Fish and other aquatic invertebrates (HS code 03): 24.18% ($7.52 billion) 
  • Edible fruit and nuts (HS code 08): 13.21% ($4.11 billion) 
  • Ores, slag, and ash (HS code 26): 6.19% ($1.92 billion) 
  • Precious stones and metals, pearls (HS code 71): 4.58% ($1.42 billion) 
  • Cocoa and cocoa preparations (HS code 18): 4.41% ($1.37 billion) 
  • Live trees and other plants (HS code 06): 4.24% ($1.32 billion) 
  • Wood and articles of wood (HS code 44): 3.24% ($1 billion) 
  • Preparations of vegetables, fruits, and nuts (HS code 20): 1.71% ($533.47 million) 
  • Edible vegetables (HS code 07): 1.03% ($319.57 million)
  • Partners

    Top 10 Export Partners of Ecuador | Ecuador Export Data by Country

    As for the top 10 export partners, Ecuador maintains robust trade relationships with countries across the globe. The United States stands as Ecuador's most significant export partner, with its appetite for Ecuadorian products constantly growing. Ecuador’s top 10 export partners in 2023 according to Ecuador trade data include:

    Value In Percentage(%)

  • USA: 23.8% (7.40 billion US$)
  • China: 18.2% (5.67 billion US$)
  • Panama: 14.4% (4.47 billion US$)
  • Chile: 3.1% (978.39 million US$)
  • Peru: 3.1% (974.80 million US$)
  • Russia: 3% (923.61 million US$)
  • Spain: 2.7% (853.97 million US$)
  • Netherlands: 2.7% (852.85 million US$)
  • Colombia: 2.5% (775.95 million US$)
  • Italy: 2% (629.33 million US$)
  • Sample Data

    Understanding Ecuador Customs Data

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Ecuador's export sector has a significant economic impact on the nation. The money received from these exports is a major factor in the expansion of the local economy and the creation of jobs for the populace. Significant investments are also made in industries that focus on exports, which promotes productivity growth and technological developments. Additionally, Ecuador's currency and overall economic stability are strengthened by the foreign exchange inflow brought in by exports. According to the Ecuador Customs data and trade data, Ecuador exported goods worth a total of $31.1 billion in 2023. You can discover a range of fields in Ecuador's export data and trade data, including the total value of the currency, product description, quantity, price, and more. It contains all relevant information about HS codes, exporter names, destination countries, etc. For dealers and marketers, this custom export data is crucial information that helps them make informed decisions. So, as you can see, we obtain trustworthy data from organizations, shipping businesses, and customs ports. The trade data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, importers/exporters names and addresses, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of the trade data for your convenience and greater understanding so that you can see what the trade data or customs data looks like as a whole, with complete details. 

    Ecuador Export Data
    ID 101992 DATE 2022-07-25
    EXPORT TYPE EXPORTACION DEFINITIVA REFRENDO 055-2022-40-00809532
    DECLARATION NUMBER (DAU) 00001025 BL NUMBER
    CONOCIMIENTO EMB EXPORTER RUC 0201089570001
    EXPORTER DAVILA CHAVEZ REMIGIO JAVIER FOREIGN IMPORTER NAME HAPPY HORSE EQUINE SERVICE INC
    CHAPTER 10 4 DIGIT CODE 1012
    HS CODE 101299000 PRODUCT DESCRIPTION EQUINES
    CONDITION OTHERS QUANTITY 1
    UNIT OF MEASSURE NUMBER OF UNITS NET WEIGHT 860
    US FOB 3000 CONTAINER 0
    PACKAGES 0 ITEM NUMBER 1
    DESTINATION COUNTRY UNITED STATES LOADING PORT
    TRANSPORT TYPE AIR UNLOADING PORT QUITO
    CUSTOMS AGENT 01906216-MOLINA IDROVO MANUEL OCTAVIO CUSTOMS AGENCY MOLINA IDROVO MANUEL OCTAVIO
    SHIPPING AGENCY ZZ OTRAS EMPRESAS TRANSPORTE SHIP
    Benefits

    Benefits of Ecuador Export Data

  • Produce quality export sales from the Ecuador export market.
  • Determine the demand for products in Ecuador right now.
  • Monitor competitors and outperform them in position.
  • Build your marketing plan based on data.
  • Make a major impact on Ecuador's export market.
  • Establish goals for the future and maximize earnings.
  • Frequently Asked Questions!!

    Ecuador's biggest exports in 2023 according to Ecuador trade statistics include mineral fuels and oils, bananas, shrimp, processed fish, and flowers.

    28% of Ecuador's exports are made up of crude oil and related goods.

    Based on Ecuador trade activities, the United States, Chile, Panama, China, and Peru are the main export partners of Ecuador.

    Ecuador’s goods exports totaled $31.1 billion in 2023 according to Ecuador trade records. 

    Ecuador relies on fundamental trade partners such as the United States and the European Union to facilitate its export activities according to Ecuador trade statistics. 

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