USA
↔
Ecuador

USA-Ecuador Bilateral Trade Analysis 2023

Complete trade statistics: $15.77B total volume •USA surplus: $453.24M

USA → Ecuador

$8.11B

Exports (2023)

Ecuador → USA

$7.66B

Imports (2023)

Trade Balance

$453.24M

Surplus for USA

Total Trade

$15.77B

Combined Volume

Trade Flow Visualization

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

Detailed Product Trade Analysis

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

USA → Ecuador Exports

$8.11B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
41.4% top product
1Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$3.36B
41.4% of exports
2Aromatic hydrocarbon mixtures: n.e.c. in heading no. 2707, of which 65% or more by volume (including losses) distils at 250 degrees Celsius by the ISO 3405 method (equivalent to the ASTM D 86 method)
$986.62M
12.2% of exports
3Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil
$455.91M
5.6% of exports
4Petroleum gases and other gaseous hydrocarbons: liquefied, propane
$449.77M
5.5% of exports
5Petroleum gases and other gaseous hydrocarbons: liquefied, butanes
$173.78M
2.1% of exports
6Kraft paper and paperboard: kraftliner, uncoated, unbleached, in rolls or sheets, other than that of heading no. 4802 or 4803
$126.69M
1.6% of exports
7Cereals: wheat and meslin, other than durum wheat, other than seed
$102.76M
1.3% of exports
8Ethylene polymers: in primary forms, polyethylene having a specific gravity of 0.94 or more
$54.87M
0.7% of exports
9Flours, meals and pellets: of meat or meat offal, greaves
$54.69M
0.7% of exports
10Ethylene polymers: in primary forms, polyethylene having a specific gravity of less than 0.94
$53.82M
0.7% of exports

🎯 Strategic Export Focus

USA's export portfolio to Ecuador demonstrates strong diversification across multiple sectors, with petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils representing a key competitive advantage in this bilateral market.

Ecuador → USA Imports

$7.66B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
35.3% concentration
1Oils: petroleum oils and oils obtained from bituminous minerals, crude
$2.70B
35.3% of imports
2Crustaceans: 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
$1.36B
17.8% of imports
3Flowers, cut: roses, flowers and buds of a kind suitable for bouquets or ornamental purposes, fresh
$475.34M
6.2% of imports
4Fruit, edible: bananas, other than plantains, fresh or dried
$427.42M
5.6% of imports
5Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$371.10M
4.8% of imports
6Metals: gold, non-monetary, unwrought (but not powder)
$348.44M
4.5% of imports
7Cocoa beans: whole or broken, raw or roasted
$171.61M
2.2% of imports
8Fruit, edible: fruits n.e.c. in heading no. 0801 to 0810, fresh
$138.79M
1.8% of imports
9Fruit, edible: plantains, fresh or dried
$132.85M
1.7% of imports
10Fish preparations: tunas, skipjack and Atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced)
$131.37M
1.7% of imports

📦 Import Strategy Analysis

USA's import pattern from Ecuador reveals strategic sourcingin oils: petroleum oils and oils obtained from bituminous minerals, crude, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

USA demonstrates competitive strength in exportingpetroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils to Ecuador, leveraging comparative advantages.

Export Leader in 20+ Categories
🔄

Trade Complementarity

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

Highly Balanced
📈

Growth Potential

The $15.77B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: USA-Ecuador Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $15.77 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: USA maintains a surplus of $453.24 million
  • Export Focus: USA's primary exports include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, aromatic hydrocarbon mixtures: n.e.c. in heading no. 2707, of which 65% or more by volume (including losses) distils at 250 degrees celsius by the iso 3405 method (equivalent to the astm d 86 method), oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil
  • Import Dependencies: Key imports from Ecuador include oils: petroleum oils and oils obtained from bituminous minerals, crude, 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, flowers, cut: roses, flowers and buds of a kind suitable for bouquets or ornamental purposes, fresh

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthBalanced

📈 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 $15.77B 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 USA leveraging its comparative advantages in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.

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

USA's specialization in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oilscomplements Ecuador's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in oils: petroleum oils and oils obtained from bituminous minerals, crude.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $15.77B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyModerate
🔮

Trade Relationship Outlook

The $15.77B 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 $15.77 billion bilateral trade volume represents a significant economic factorfor both economies.

Economic Significance: High
🏭

Industrial Integration

Trade flows in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils and oils: petroleum oils and oils obtained from bituminous minerals, crude demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
⚖️

Trade Balance Effects

USA's trade surplus of $453.24 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in aromatic hydrocarbon mixtures: n.e.c. in heading no. 2707, of which 65% or more by volume (including losses) distils at 250 degrees celsius by the iso 3405 method (equivalent to the astm d 86 method) present expansion opportunities.
Market Diversification
Beyond current focus on oils: petroleum oils and oils obtained from bituminous minerals, crude, 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 petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils 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 USA and Ecuador represents a total trade volume of $15.77 billion in 2023. This partnership demonstrates a favorable trade balance for USA, with exports exceeding importsby $453.24 million.

Export Strengths

USA's exports to Ecuador total $8.11 billion, with competitive advantages in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, representing $3.36B or41.4% of bilateral exports.

Import Dependencies

Imports from Ecuador amount to $7.66 billion, highlighting economic interdependence in oils: petroleum oils and oils obtained from bituminous minerals, crude, with Oils: petroleum oils and oils obtained from bituminous minerals, crude comprising35.3% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates USA'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 USA and Ecuador in multiple formats.

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