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Trade between China and Ecuador

In 2024, China exported $6.7 billion to Ecuador and imported $7.6 billion. China ran a deficit of $928 million with Ecuador, compared with a surplus of $842 million in 2019. Ecuador was China’s 57th largest trading partner (0.3% of its trade), and China was Ecuador’s largest (21%).

Summary

China → Ecuador
$6.7billion
Ecuador → China
$7.6billion
China’s balance
-$928million

Balance

China’s trade balance with Ecuador

Trade between China and Ecuador grew 232.6-fold since 1995

USD billions (current). China’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 6.7
  • Imports 7.6
  • Balance -0.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$36 million$25 million$11 million
1996$33 million$85 million-$52 million
1997$53 million$100 million-$47 million
1998$76 million$101 million-$26 million
1999$55 million$87 million-$32 million
2000$86 million$60 million$26 million
2001$158 million$28 million$130 million
2002$239 million$16 million$222 million
2003$494 million$40 million$454 million
2004$713 million$61 million$652 million
2005$644 million$38 million$606 million
2006$855 million$196 million$659 million
2007$1.2 billion$57 million$1.1 billion
2008$1.7 billion$455 million$1.3 billion
2009$1.1 billion$214 million$912 million
2010$1.7 billion$355 million$1.3 billion
2011$3.4 billion$566 million$2.8 billion
2012$2.9 billion$407 million$2.5 billion
2013$4.5 billion$608 million$3.9 billion
2014$4.7 billion$570 million$4.1 billion
2015$4.1 billion$807 million$3.3 billion
2016$3.1 billion$700 million$2.4 billion
2017$3.7 billion$829 million$2.9 billion
2018$4.4 billion$1.6 billion$2.8 billion
2019$4.6 billion$3.7 billion$842 million
2020$4 billion$3.2 billion$764 million
2021$6.1 billion$4 billion$2.1 billion
2022$7.4 billion$6.2 billion$1.2 billion
2023$6 billion$8 billion-$2 billion
2024$6.7 billion$7.6 billion-$928 million

What they sell each other

What China sells to Ecuador

The top 10 headings in 2024, with their share of the total.

  1. 4 thousand tonnes
  2. Cars$303 million · 4.5%
    37 thousand tonnes · China’s destinations
  3. Trucks$214 million · 3.2%
    38 thousand tonnes · China’s destinations
  4. Computers$189 million · 2.8%
    2 thousand tonnes · China’s destinations
  5. Coated flat steel$168 million · 2.5%
    217 thousand tonnes
  6. New tires$156 million · 2.3%
    55 thousand tonnes · China’s destinations
  7. Motorcycles$150 million · 2.2%
    28 thousand tonnes · China’s destinations
  8. Auto parts$119 million · 1.8%
    27 thousand tonnes · China’s destinations
  9. Pesticides and herbicides$111 million · 1.7%
    34 thousand tonnes
  10. Monitors and projectors$109 million · 1.6%
    7 thousand tonnes · China’s destinations

What Ecuador sells to China

The top 10 headings in 2024, with their share of the total.

  1. Crude petroleum$3 billion · 39.2%
    5.7 million tonnes · Ecuador’s destinations
  2. 599 thousand tonnes
  3. Copper ore$1.1 billion · 13.9%
    476 thousand tonnes · China’s sources
  4. Precious metal ore$257 million · 3.4%
    90 thousand tonnes
  5. Bananas$114 million · 1.5%
    189 thousand tonnes · Ecuador’s destinations
  6. Meat and fish meal$80 million · 1.1%
    58 thousand tonnes
  7. Copper scrap$50 million · 0.66%
    6 thousand tonnes
  8. Other wood articles$36 million · 0.47%
    12 thousand tonnes
  9. Frozen fish$16 million · 0.21%
    8 thousand tonnes
  10. Cocoa beans$11 million · 0.15%
    2 thousand tonnes · Ecuador’s destinations

How it travels

Estimated sea route from Shanghai to Guayaquil.

The estimated sea route between Shanghai and Guayaquil is 9,178 nautical miles (16,998 km) long: ≈ 21–27.5 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$13.6 billion · 95%
  2. Air$721 million · 5%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Ecuador was China’s 57th largest trading partner (0.3% of its trade), and China was Ecuador’s largest (21%).

Ecuador in China’s trade
0.3%
Ecuador’s rank among China’s partners
57th
China in Ecuador’s trade
21.3%
China’s rank among Ecuador’s partners
1st

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.