Ecuador Balance Of TradeEcuador Balance Of TradeEcuador Balance Of Trade

Ecuador Balance Of Trade

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About Ecuador Balance Of Trade

Category
Trade
Frequency
Monthly
Units
USD
Ecuador's economy is highly dependent on oil and oil product exports (36 percent of total exports) in 2022. Other exports include: fish and shrimps (24 percent) and bananas (10 percent). Main imports are: raw materials for industry (35 percent of total imports), fuels and lubricants (25 percent) and consumer goods (20 percent), capital goods for industry (19 percent). Ecuador´s main trading partner is the United States (28 percent of total exports and 26 percent of imports). Others include: Chile, China, Peru, Colombia and Panama.