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Trade between Ecuador and Peru

In 2024, Ecuador exported $1.5 billion to Peru and imported $975 million. Ecuador ran a surplus of $556 million with Peru, compared with a surplus of $445 million in 2019. Peru was Ecuador’s 5th largest trading partner (4% of its trade), and Ecuador was Peru’s 13th (2%).

Summary

Ecuador → Peru
$1.5billion
Peru → Ecuador
$975million
Ecuador’s balance
$556million

Balance

Ecuador’s trade balance with Peru

Trade between Ecuador and Peru grew 20.3-fold since 1995

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

  • Exports 1.5
  • Imports 1
  • Balance +0.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$75 million$49 million$26 million
1996$50 million$66 million-$16 million
1997$240 million$108 million$133 million
1998$199 million$123 million$75 million
1999$188 million$56 million$132 million
2000$326 million$85 million$240 million
2001$336 million$124 million$212 million
2002$436 million$158 million$279 million
2003$689 million$161 million$529 million
2004$665 million$223 million$443 million
2005$913 million$444 million$470 million
2006$1.1 billion$380 million$713 million
2007$1.5 billion$473 million$980 million
2008$1.7 billion$581 million$1.1 billion
2009$1 billion$797 million$224 million
2010$1.5 billion$1.2 billion$310 million
2011$1.9 billion$920 million$949 million
2012$2 billion$1.2 billion$825 million
2013$2 billion$1.1 billion$891 million
2014$1.7 billion$922 million$827 million
2015$1 billion$762 million$242 million
2016$1.1 billion$651 million$431 million
2017$1.5 billion$784 million$758 million
2018$1.9 billion$832 million$1.1 billion
2019$1.2 billion$783 million$445 million
2020$454 million$627 million-$173 million
2021$684 million$902 million-$218 million
2022$958 million$1.2 billion-$291 million
2023$1.2 billion$1.1 billion$51 million
2024$1.5 billion$975 million$556 million

What they sell each other

What Ecuador sells to Peru

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

  1. Crude petroleum$1 billion · 67.3%
    2 million tonnes · Ecuador’s destinations
  2. Particle board and OSB$69 million · 4.5%
    126 thousand tonnes
  3. Copper ore$54 million · 3.5%
    16 thousand tonnes
  4. 8 thousand tonnes
  5. Pet and animal feed$22 million · 1.4%
    19 thousand tonnes
  6. Prepared fish and caviar$16 million · 1%
    3 thousand tonnes
  7. Cocoa butter$14 million · 0.94%
    1 thousand tonnes
  8. Precious metal ore$13 million · 0.88%
    7 thousand tonnes
  9. Aircraft parts$13 million · 0.84%
    13 tonnes
  10. Bread, biscuits and pastries$12 million · 0.77%
    5 thousand tonnes

What Peru sells to Ecuador

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

  1. Pet and animal feed$211 million · 21.7%
    205 thousand tonnes
  2. Copper wire$60 million · 6.1%
    6 thousand tonnes
  3. Meat and fish meal$32 million · 3.3%
    21 thousand tonnes
  4. Other food preparations$31 million · 3.1%
    2 thousand tonnes
  5. Refined petroleum$27 million · 2.8%
    20 thousand tonnes · Peru’s destinations
  6. Ceramic tiles$27 million · 2.7%
    91 thousand tonnes
  7. Plastic sheets and film$24 million · 2.5%
    9 thousand tonnes
  8. Bread, biscuits and pastries$21 million · 2.1%
    9 thousand tonnes
  9. 4 thousand tonnes
  10. Cane and beet sugar$19 million · 1.9%
    26 thousand tonnes

How it travels

Estimated sea route from Guayaquil to Callao.

The estimated sea route between Guayaquil and Callao is 724 nautical miles (1,341 km) long: ≈ 1.5–2 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$545 million · 21.7%
  2. Land$2 billion · 78.3%

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

How much each matters to the other

Peru was Ecuador’s 5th largest trading partner (4% of its trade), and Ecuador was Peru’s 13th (2%).

Peru in Ecuador’s trade
3.7%
Peru’s rank among Ecuador’s partners
5th
Ecuador in Peru’s trade
1.9%
Ecuador’s rank among Peru’s partners
13th

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.