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Ecuador's trade data reflects its economic activities in the global market. In 2022, Ecuador was ranked as the 62nd largest economy based on GDP, with significant exports including crude petroleum and bananas, primarily to the United States and China. The country also imported refined petroleum and cars, mainly from the United States and China. Ecuador's trade balance has seen fluctuations, with an increase in exports by 3.62% and imports by 29.3% from December 2020 to December 2021.
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United States: $10.5 billion (27.7% of total exports)
China: $6.7 billion (17.8%)
Panama: $5 billion (13.3%)
Chile: $1.4 billion (3.7%)
Colombia: $1.2 billion (3.3%)
Spain: $1.11 billion (2.9%)
Peru: $1.1 billion (2.9%)
Russia: $1 billion (2.8%)
Netherlands: $773.4 million (2%)
Italy: $633.6 million (1.7%)
Crude Petroleum: $11.1 billion (30.8% of total exports)
Crustaceans: $7.98 billion (22.2%)
Bananas: $3.68 billion (10.2%)
Refined Petroleum: $1.67 billion (4.6%)
Processed Fish: $1.5 billion (4.2%)
Cocoa Beans: $1.2 billion (3.3%)
Gold: $1.1 billion (3.1%)
Flowers: $1 billion (2.8%)
Coffee: $800 million (2.2%)
Wood: $600 million (1.7%)
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