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2022
Flag → Flag
Exports $32.1MRnk 55 / 188
2022
Flag → Flag
Top Product $16.5MRefined Petroleum
2022
Flag → Flag
Exports $11.8MRnk 80 / 170
2022
Flag → Flag
Top Product $4.46MCocoa Beans
2022
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Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
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GDP$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
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GDP GROWTH65.5%CURRENT US$
Rnk 34 / 186
2022
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 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
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GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
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GDP PC $28,333CURRENT US$
Rnk 41 / 186
2012-2022
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GDP PC GROWTH62.8%CURRENT US$
Rnk 23 / 186
2022
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GDP PC$6,391CURRENT US$
Rnk 101 / 186
2012-2022
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GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Estonia-Ecuador In 2022, Estonia exported $32.1M to Ecuador. The main products that Estonia exported to Ecuador are Refined Petroleum ($16.5M), Coal Tar Oil ($10.1M), and Nitrogenous Fertilizers ($3.08M). During the last 26 years the exports of Estonia to Ecuador have increased at an annualized rate of 24.1%, from $117k in 1996 to $32.1M in 2022.

In 2022, Estonia did not export any services to Ecuador.

Ecuador-Estonia In 2022, Ecuador exported $11.8M to Estonia. The main products that Ecuador exported to Estonia were Cocoa Beans ($4.46M), Bananas ($1.9M), and Cocoa Paste ($1.63M). During the last 26 years the exports of Ecuador to Estonia have increased at an annualized rate of 7.97%, from $1.61M in 1996 to $11.8M in 2022.

In 2022, Ecuador did not export any services to Estonia.

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Estonia exported $32.1M to Ecuador. The main products exported from Estonia to Ecuador were Refined Petroleum ($16.5M), Coal Tar Oil ($10.1M), and Nitrogenous Fertilizers ($3.08M). During the last 26 years the exports of Estonia to Ecuador have increased at an annualized rate of 24.1%, from $117k in 1996 to $32.1M in 2022.

In 2022, Ecuador exported $11.8M to Estonia. The main products exported from Ecuador to Estonia were Cocoa Beans ($4.46M), Bananas ($1.9M), and Cocoa Paste ($1.63M). During the last 27 years the exports of Ecuador to Estonia have increased at an annualized rate of 7.97%, from $1.61M in 1995 to $11.8M in 2022.

Exports from Estonia (Flag) to Ecuador (Flag) (2022)

Exports from Ecuador (Flag) to Estonia (Flag) (2022)

Latest Data

Trade between Estonia (Flag) and Ecuador (Flag)

Estonia Exports

Ecuador Exports

Market Competitiveness

Color
Estonia
Top DestinationFinland$3B
Ecuador
Top DestinationUnited States$9.86B

This map shows whether countries import more from Estonia or Ecuador. Each country is colored based on the difference in imports they receive from Estonia and Ecuador or the difference in the growth in imports.

In 2021, countries that imported more from Estonia than Ecuador were Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

In 2021, countries that imported more from Ecuador than Estonia were United States ($9.86B), China ($6.17B), and Panama ($4.97B).

Difference in imports from Ecuador (Flag) and Estonia (Flag) (2022)

Comparative Advantage Estonia - Ecuador

Flow
Scale

This chart compares trade between Estonia and Ecuador by product, considering products traded by both, Estonia and Ecuador.

During 2022, Estonia had a large net trade with Ecuador in the exports of Mineral Products ($26.9M), Chemical Products ($3.09M), and Foodstuffs ($1.57M).

During 2022, Ecuador had a large net trade with Estonia in the exports of Foodstuffs ($7.79M), Vegetable Products ($3.05M), and Animal Products ($712k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Estonia has comparative advantage over Ecuador. Similarly, the more yellow a dot/product is, the more Ecuador has comparative advantage over Estonia.

Product Space of Estonia (Flag) and Ecuador (Flag) (2022)

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