China-Ecuador Bilateral Trade Analysis 2023

Complete trade statistics: $13.80B total volume โ€ขChina deficit: $2.10B

China โ†’ Ecuador

$5.85B

Exports (2023)

Ecuador โ†’ China

$7.95B

Imports (2023)

Trade Balance

$2.10B

Deficit for China

Total Trade

$13.80B

Combined Volume

Trade Flow Visualization

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

Detailed Product Trade Analysis

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

China โ†’ Ecuador Exports

$5.85B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
4.8% top product
1Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc
$283.80M
4.8% of exports
2Automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display
$159.62M
2.7% of exports
3Iron or non-alloy steel: flat-rolled, width 600mm or more, (not corrugated), plated or coated with zinc (not electrolytically)
$118.56M
2.0% of exports
4Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
$114.57M
2.0% of exports
5Telephones for cellular networks or for other wireless networks
$97.02M
1.7% of exports
6Motorcycles (including mopeds) and cycles: fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 50cc but not exceeding 250cc, with or without side-cars: side-cars
$93.34M
1.6% of exports
7Vehicles: 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
$87.47M
1.5% of exports
8Tricycles, scooters, pedal cars and similar wheeled toys: dolls' carriages: dolls: other toys: reduced-size (scale) models and similar recreational models, working or not: puzzles of all kinds
$82.51M
1.4% of exports
9Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen
$76.87M
1.3% of exports
10Poly(ethylene terephthalate): in primary forms, having a viscosity of 78ml/g or higher
$68.85M
1.2% of exports

๐ŸŽฏ Strategic Export Focus

China's export portfolio to Ecuador demonstrates strong diversification across multiple sectors, with vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc representing a key competitive advantage in this bilateral market.

Ecuador โ†’ China Imports

$7.95B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
48.5% concentration
1Crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water
$3.86B
48.5% of imports
2Oils: petroleum oils and oils obtained from bituminous minerals, crude
$2.33B
29.3% of imports
3Copper ores and concentrates
$1.18B
14.8% of imports
4Precious metal ores and concentrates: (excluding silver)
$186.11M
2.3% of imports
5Fruit, edible: bananas, other than plantains, fresh or dried
$154.74M
1.9% of imports
6Flours, meals and pellets: of fish or of crustaceans, molluscs or other aquatic invertebrates
$74.40M
0.9% of imports
7Copper: waste and scrap
$40.07M
0.5% of imports
8Wood: not of bamboo, articles n.e.c. in heading no. 4414 to 4420 (excluding clothes hangers)
$35.04M
0.4% of imports
9Cocoa beans: whole or broken, raw or roasted
$14.94M
0.2% of imports
10Fish: frozen, n.e.c. in heading 0303, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99
$8.98M
0.1% of imports

๐Ÿ“ฆ Import Strategy Analysis

China's import pattern from Ecuador reveals strategic sourcingin crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

๐Ÿ†

Market Leadership

China demonstrates competitive strength in exportingvehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc to Ecuador, leveraging comparative advantages.

Export Leader in 20+ Categories
๐Ÿ”„

Trade Complementarity

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

Highly Balanced
๐Ÿ“ˆ

Growth Potential

The $13.80B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: China-Ecuador Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $13.80 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: China maintains a deficit of $2.10 billion
  • Export Focus: China's primary exports include vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display, iron or non-alloy steel: flat-rolled, width 600mm or more, (not corrugated), plated or coated with zinc (not electrolytically)
  • Import Dependencies: Key imports from Ecuador include crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water, oils: petroleum oils and oils obtained from bituminous minerals, crude, copper ores and concentrates

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthBalanced

๐Ÿ“ˆ Market Position: This bilateral trade relationship represents a significant global 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 $13.80B 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 China leveraging its comparative advantages in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc.

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

China's specialization in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cccomplements Ecuador's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $13.80B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyModerate
๐Ÿ”ฎ

Trade Relationship Outlook

The $13.80B 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

๐Ÿ’ฐ

Trade Volume Impact

The $13.80 billion bilateral trade volume represents a significant economic factorfor both economies.

Economic Significance: High
๐Ÿญ

Industrial Integration

Trade flows in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc and crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
โš–๏ธ

Trade Balance Effects

China's trade deficit of $2.10 billion impacts its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

๐Ÿš€Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display present expansion opportunities.
Market Diversification
Beyond current focus on crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water, new product categories offer potential for trade expansion.

โš ๏ธRisk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc may affect future market positioning.

๐ŸŽฏStrategic 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 China and Ecuador represents a total trade volume of $13.80 billion in 2023. This partnership demonstrates an unfavorable trade balance for China, with imports exceeding exportsby $2.10 billion.

Export Strengths

China's exports to Ecuador total $5.85 billion, with competitive advantages in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, representing $283.80M or4.8% of bilateral exports.

Import Dependencies

Imports from Ecuador amount to $7.95 billion, highlighting economic interdependence in crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water, with Crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water comprising48.5% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates China's strategic sourcing from Ecuador. 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 China and Ecuador in multiple formats.

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