Crude Petroleum in Ecuador | The Observatory of Economic Complexity

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Exports In 2022, Ecuador exported $11.1B in Crude Petroleum, making it the 23rd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most exported product in Ecuador. The main destination of Crude Petroleum exports from Ecuador are: United States ($4.5B), Panama ($4.02B), Chile ($909M), Peru ($442M), and India ($420M).

The fastest growing export markets for Crude Petroleum of Ecuador between 2021 and 2022 were United States ($2.49B), Panama ($768M), and Peru ($299M).

Imports In 2022, Ecuador imported $73.3k in Crude Petroleum, becoming the 111th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1036th most imported product in Ecuador. Ecuador imports Crude Petroleum primarily from: Estonia ($67.6k), Spain ($5.7k), Peru ($10), and Netherlands ($5).

The fastest growing import markets in Crude Petroleum for Ecuador between 2021 and 2022 were Estonia ($67.6k) and Peru ($10).

COMPANIES In 2021, leading companies such as were at the forefront of shipping Crude Petroleum from Ecuador to the United States.

Feb 2024

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Year

EXPORTS (2022)$11.1B

IMPORTS (2022)$73.3k

NET TRADE (2022)$11.1B

In 2022, Ecuador exported $11.1B in Crude Petroleum. The main destinations of Ecuador exports on Crude Petroleum were United States ($4.5B), Panama ($4.02B), Chile ($909M), Peru ($442M), and India ($420M).

In 2022, Ecuador imported $73.3k in Crude Petroleum, mainly from Estonia ($67.6k), Spain ($5.7k), Peru ($10), and Netherlands ($5).