Ecuador's economy is one of the smaller economies in Latin America, ranking between 60th and 70th globally by GDP. Its strengths lie in its oil exports and agricultural product. Ecuador is ranked 70th globally in terms of total exports, and 80th globally in terms of total imports.  According to the Economic Complexity Index, Ecuador ranks 69th in economic complexity.

Ecuador Data Fields

Imports

Ecuador's imports are focused on machinery, fuels, and consumer goods, such as industrial machinery, computers, electronic equipment, refined petroleum products, lubricants, pharmaceutical products, industrial chemicals, cars, trucks, vehicle parts, electronics, appliances, and clothing. Ecuador’s top import partners are United States, China, Colombia, Brazil, Mexico.

Exports

Ecuador's exports are dominated by oil and agricultural products, with the following being the most significant: crude oil, bananas, shrimp, flowers, tuna and other seafood products. Ecuador’s top export partners are United States, China, European Union, Panama, Chile.