Ecuador-China Bilateral Trade Analysis 2023
Complete trade statistics: $13.80B total volume •Ecuador surplus: $2.10B
Ecuador → China
$7.95B
Exports (2023)
China → Ecuador
$5.85B
Imports (2023)
Trade Balance
$2.10B
Surplus for Ecuador
Total Trade
$13.80B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Ecuador and China. Green line shows exports from Ecuador, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Ecuador-China commercial relationship and competitive positioning in global markets.
Ecuador → China Exports
Export Market Intelligence
🎯 Strategic Export Focus
Ecuador's export portfolio to China demonstrates strong diversification across multiple sectors, 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 representing a key competitive advantage in this bilateral market.
China → Ecuador Imports
Import Dependency Profile
📦 Import Strategy Analysis
Ecuador's import pattern from China reveals strategic sourcingin vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Ecuador demonstrates competitive strength in exportingcrustaceans: 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 to China, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $13.80B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Ecuador-China Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $13.80 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Ecuador maintains a surplus of $2.10 billion
- Export Focus: Ecuador's primary exports 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
- Import Dependencies: Key imports from China 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)
Strategic Trade Indicators
📈 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 Ecuador leveraging its comparative advantages 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.
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
Comparative Advantage
Ecuador's specialization 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 watercomplements China's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc.
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 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
Trade Volume Impact
The $13.80 billion bilateral trade volume represents a significant economic factorfor both economies.
Industrial Integration
Trade flows 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 and vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Ecuador's trade surplus of $2.10 billion strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯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 Ecuador and China represents a total trade volume of $13.80 billion in 2023. This partnership demonstrates a favorable trade balance for Ecuador, with exports exceeding importsby $2.10 billion.
Export Strengths
Ecuador's exports to China total $7.95 billion, with competitive advantages 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, representing $3.86B or48.5% of bilateral exports.
Import Dependencies
Imports from China amount to $5.85 billion, highlighting economic interdependence in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, with Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc comprising4.8% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Ecuador'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 Ecuador and China in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023