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Trade between Ecuador and Italy

In 2024, Ecuador exported $713 million to Italy and imported $845 million. Ecuador ran a deficit of $132 million with Italy, compared with a surplus of $179 million in 2019. Italy was Ecuador’s 8th largest trading partner (2% of its trade), and Ecuador was Italy’s 70th (0.1%).

Summary

Ecuador → Italy
$713million
Italy → Ecuador
$845million
Ecuador’s balance
-$132million

Balance

Ecuador’s trade balance with Italy

Trade between Ecuador and Italy grew 6-fold since 1995

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

  • Exports 713
  • Imports 845
  • Balance -132

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$144 million$118 million$26 million
1996$170 million$118 million$52 million
1997$196 million$154 million$42 million
1998$316 million$191 million$125 million
1999$230 million$67 million$162 million
2000$193 million$64 million$130 million
2001$217 million$122 million$95 million
2002$267 million$158 million$109 million
2003$289 million$134 million$155 million
2004$294 million$129 million$165 million
2005$372 million$127 million$245 million
2006$426 million$188 million$237 million
2007$423 million$171 million$252 million
2008$498 million$221 million$277 million
2009$487 million$254 million$234 million
2010$468 million$278 million$189 million
2011$545 million$324 million$221 million
2012$373 million$286 million$87 million
2013$420 million$342 million$78 million
2014$483 million$367 million$116 million
2015$344 million$382 million-$38 million
2016$392 million$292 million$100 million
2017$528 million$283 million$245 million
2018$583 million$339 million$244 million
2019$485 million$305 million$179 million
2020$472 million$246 million$226 million
2021$548 million$433 million$115 million
2022$579 million$790 million-$211 million
2023$669 million$825 million-$156 million
2024$713 million$845 million-$132 million

What they sell each other

What Ecuador sells to Italy

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

  1. 37 thousand tonnes
  2. Bananas$186 million · 26.1%
    247 thousand tonnes · Ecuador’s destinations
  3. Prepared fish and caviar$111 million · 15.5%
    19 thousand tonnes
  4. Gold$88 million · 12.3%
    1 tonne · Italy’s sources
  5. Cocoa beans$75 million · 10.5%
    13 thousand tonnes · Ecuador’s destinations
  6. Cut flowers$7 million · 0.99%
    3 thousand tonnes
  7. Fish fillets$5 million · 0.76%
    770 tonnes
  8. Plaited hat shapes$2 million · 0.32%
    10 tonnes
  9. Preserved fruit and nuts$2 million · 0.22%
    1 thousand tonnes
  10. Prepared shellfish$1 million · 0.2%
    110 tonnes

What Italy sells to Ecuador

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

  1. Coal tar oils$442 million · 52.3%
    457 thousand tonnes
  2. 338 tonnes · Italy’s destinations
  3. 1 thousand tonnes · Italy’s destinations
  4. Cars$17 million · 2.1%
    489 tonnes · Italy’s destinations
  5. Liquid pumps$11 million · 1.3%
    712 tonnes
  6. 143 tonnes
  7. Lubricant preparations$9 million · 1.1%
    1 thousand tonnes
  8. Refined petroleum$9 million · 1.1%
    39 thousand tonnes · Italy’s destinations
  9. Wine$8 million · 1%
    4 thousand tonnes · Italy’s destinations
  10. Hair care$8 million · 0.97%
    788 tonnes

How it travels

Estimated sea route from Guayaquil to Genoa.

The estimated sea route between Guayaquil and Genoa is 6,241 nautical miles (11,557 km) long: ≈ 14.5–18.5 days at sea (at 18 and 14 knots).

Passages it crosses: Panama Canal and Strait of Gibraltar.

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$1.4 billion · 87.3%
  2. Air$198 million · 12.7%

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

How much each matters to the other

Italy was Ecuador’s 8th largest trading partner (2% of its trade), and Ecuador was Italy’s 70th (0.1%).

Italy in Ecuador’s trade
2.3%
Italy’s rank among Ecuador’s partners
8th
Ecuador in Italy’s trade
0.1%
Ecuador’s rank among Italy’s partners
70th

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.