Argentina-Ecuador Bilateral Trade Analysis 2023

Complete trade statistics: $732.60M total volume •Argentina surplus: $190.85M

ArgentinaEcuador

$461.73M

Exports (2023)

EcuadorArgentina

$270.88M

Imports (2023)

Trade Balance

$190.85M

Surplus for Argentina

Total Trade

$732.60M

Combined Volume

Trade Flow Visualization

Direct trade relationship between Argentina and Ecuador. Green line shows exports from Argentina, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Argentina-Ecuador commercial relationship and competitive positioning in global markets.

ArgentinaEcuador Exports

$461.73M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
33.1% top product
1Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil
$153.04M
33.1% of exports
2Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1
$42.03M
9.1% of exports
3Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$29.52M
6.4% of exports
4Cereals: maize (corn), other than seed
$27.40M
5.9% of exports
5Vehicles: spark-ignition internal combustion piston engine, for transport of goods, (of a g.v.w. not exceeding 5 tonnes), n.e.c. in item no 8704.1
$15.37M
3.3% of exports

🎯 Strategic Export Focus

Argentina's export portfolio to Ecuador demonstrates strategic specialization, with oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil representing a key competitive advantage in this bilateral market.

EcuadorArgentina Imports

$270.88M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
50.4% concentration
1Fruit, edible: bananas, other than plantains, fresh or dried
$136.59M
50.4% of imports
2Fish preparations: tunas, skipjack and Atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced)
$69.20M
25.5% of imports
3Fish preparations: fish minced or in forms n.e.c. in heading no. 1604, prepared or preserved
$13.59M
5.0% of imports
4Cocoa: paste, not defatted
$6.43M
2.4% of imports
5Vegetable fats and oils and their fractions: partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared
$6.32M
2.3% of imports

📦 Import Strategy Analysis

Argentina's import pattern from Ecuador reveals significant dependencyin fruit, edible: bananas, other than plantains, fresh or dried, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Argentina demonstrates competitive strength in exportingoil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil to Ecuador, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $732.60M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Argentina-Ecuador Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $732.60 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Argentina maintains a surplus of $190.85 million
  • Export Focus: Argentina's primary exports include oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil, vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
  • Import Dependencies: Key imports from Ecuador include fruit, edible: bananas, other than plantains, fresh or dried, fish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced), fish preparations: fish minced or in forms n.e.c. in heading no. 1604, prepared or preserved

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $732.60M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Argentina leveraging its comparative advantages in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Argentina's specialization in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oilcomplements Ecuador's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in fruit, edible: bananas, other than plantains, fresh or dried.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $732.60M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyModerate
🔮

Trade Relationship Outlook

The $732.60M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $732.60 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil and fruit, edible: bananas, other than plantains, fresh or dried demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Argentina's trade surplus of $190.85 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 present expansion opportunities.
Market Diversification
Beyond current focus on fruit, edible: bananas, other than plantains, fresh or dried, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Argentina and Ecuador represents a total trade volume of $732.60 million in 2023. This partnership demonstrates a favorable trade balance for Argentina, with exports exceeding importsby $190.85 million.

Export Strengths

Argentina's exports to Ecuador total $461.73 million, with competitive advantages in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil, representing $153.04M or33.1% of bilateral exports.

Import Dependencies

Imports from Ecuador amount to $270.88 million, highlighting economic interdependence in fruit, edible: bananas, other than plantains, fresh or dried, with Fruit, edible: bananas, other than plantains, fresh or dried comprising50.4% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Argentina's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Argentina and Ecuador in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023