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Trade between Ecuador and the United States

In 2024, Ecuador exported $6.3 billion to the United States and imported $7.9 billion. Ecuador ran a deficit of $1.6 billion with the United States, compared with a surplus of $2.3 billion in 2019. The United States was Ecuador’s 2nd largest trading partner (21% of its trade), and Ecuador was the United States’ 42nd (0.3%).

Summary

Ecuador → United States
$6.3billion
United States → Ecuador
$7.9billion
Ecuador’s balance
-$1.6billion

Balance

Ecuador’s trade balance with the United States

Trade between Ecuador and the United States grew 4.2-fold since 1995

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

  • Exports 6.3
  • Imports 7.9
  • Balance -1.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$2 billion$1.4 billion$651 million
1996$2 billion$1.2 billion$808 million
1997$2.2 billion$1.4 billion$813 million
1998$1.9 billion$1.7 billion$128 million
1999$1.9 billion$986 million$956 million
2000$2.1 billion$1 billion$1.1 billion
2001$1.9 billion$1.4 billion$572 million
2002$2.3 billion$1.6 billion$730 million
2003$2.8 billion$1.3 billion$1.5 billion
2004$4.1 billion$1.4 billion$2.6 billion
2005$5.7 billion$1.9 billion$3.9 billion
2006$7.2 billion$2.8 billion$4.4 billion
2007$6.3 billion$2.8 billion$3.4 billion
2008$9.1 billion$3.9 billion$5.2 billion
2009$5.1 billion$4 billion$1.1 billion
2010$6.9 billion$5.7 billion$1.2 billion
2011$9.9 billion$5.2 billion$4.7 billion
2012$10.3 billion$6.9 billion$3.5 billion
2013$11.5 billion$6.8 billion$4.7 billion
2014$11.2 billion$7.7 billion$3.5 billion
2015$7.5 billion$5.1 billion$2.4 billion
2016$5.9 billion$3.8 billion$2.1 billion
2017$6.2 billion$3.9 billion$2.3 billion
2018$6.8 billion$5.1 billion$1.7 billion
2019$6.9 billion$4.7 billion$2.3 billion
2020$5.6 billion$4.1 billion$1.5 billion
2021$7.4 billion$5.5 billion$1.9 billion
2022$10.3 billion$8.4 billion$2 billion
2023$8.1 billion$8.2 billion-$69 million
2024$6.3 billion$7.9 billion-$1.6 billion

What they sell each other

What Ecuador sells to the United States

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

  1. Crude petroleum$1.5 billion · 23.1%
    3.8 million tonnes · Ecuador’s destinations
  2. 194 thousand tonnes
  3. Bananas$624 million · 9.9%
    1 million tonnes · Ecuador’s destinations
  4. Cocoa beans$442 million · 7%
    57 thousand tonnes · Ecuador’s destinations
  5. Gold$395 million · 6.3%
    6 tonnes · the United States’ sources
  6. Cut flowers$321 million · 5.1%
    56 thousand tonnes · the United States’ sources
  7. Preserved fruit and nuts$193 million · 3.1%
    78 thousand tonnes
  8. Refined petroleum$132 million · 2.1%
    402 thousand tonnes · the United States’ sources
  9. Prepared fish and caviar$128 million · 2%
    26 thousand tonnes
  10. 37 thousand tonnes

What the United States sells to Ecuador

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

  1. Refined petroleum$3.1 billion · 38.8%
    3.9 million tonnes · the United States’ destinations
  2. Coal tar oils$1.3 billion · 16.9%
    1.5 million tonnes
  3. Natural gas and LPG$777 million · 9.8%
    1.4 million tonnes
  4. Soybean meal and pellets$263 million · 3.3%
    530 thousand tonnes · the United States’ destinations
  5. Polyethylene$168 million · 2.1%
    148 thousand tonnes · the United States’ destinations
  6. Kraft paper and paperboard$166 million · 2.1%
    276 thousand tonnes
  7. Wheat$117 million · 1.5%
    424 thousand tonnes · the United States’ destinations
  8. Generating sets$105 million · 1.3%
    4 thousand tonnes
  9. Computers$80 million · 1%
    557 tonnes · the United States’ destinations
  10. 463 tonnes · the United States’ destinations

How it travels

Estimated sea route from Guayaquil to Los Angeles.

The estimated sea route between Guayaquil and Los Angeles is 3,296 nautical miles (6,103 km) long: ≈ 7.5–10 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$13.1 billion · 92.3%
  2. Air$1.1 billion · 7.7%

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

How much each matters to the other

The United States was Ecuador’s 2nd largest trading partner (21% of its trade), and Ecuador was the United States’ 42nd (0.3%).

The United States in Ecuador’s trade
21.1%
The United States’ rank among Ecuador’s partners
2nd
Ecuador in the United States’ trade
0.3%
Ecuador’s rank among the United States’ partners
42nd

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.