Ecuador Balance of Trade  1985-2018 | Data | Chart | Calendar | Forecast

Ecuador’s trade deficit narrowed to USD 220.7 million in August of 2018 from USD 396.7 million in the same month a year earlier. Exports increased 26 percent year-on year to USD 1838.5 million in August, boosted by higher sales of primary products (30.5 percent) namely crude oil (55.2 percent), banana (12.6 percent) and tuna fish (62.7 percent). Also, sales of manufactured products went up 12 percent, mostly due to petroleum products (35.5 percent). Meantime, imports advanced 11 percent to USD 2059.3 million, mainly due to purchases of raw materials (12.6 percent); consumption goods (7.3 percent) and capital (6.6 percent). Balance of Trade in Ecuador averaged -23612.01 USD Thousand from 1985 until 2018, reaching an all time high of 619602 USD Thousand in May of 2008 and a record low of -729014 USD Thousand in December of 2014.

Ecuador Balance of Trade
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-08-24 11:45 PM Balance of Trade $-46.9M $-38.1M $ -60M
2018-09-12 10:15 PM Balance of Trade $-132.6M $-121.1M $-46.9M $ -208.2M
2018-10-11 03:00 PM Balance of Trade $-220.7M $-132.6M $ -85M
2018-11-14 02:30 PM Balance of Trade $-220.7M $ 175M
2018-12-12 09:30 PM Balance of Trade $ -140M


Ecuador Trade Last Previous Highest Lowest Unit
Balance of Trade -220735.00 -132608.00 619602.00 -729014.00 USD Thousand [+]
Exports 1838514.00 1909414.00 2603522.00 66062.00 USD Thousand [+]
Imports 2059249.00 2042022.00 2592365.00 117453.00 USD Thousand [+]
Current Account -118.12 64.99 1548.25 -1403.57 USD Million [+]
Current Account to GDP -0.20 1.40 5.17 -10.08 percent [+]
Capital Flows 137.24 -20.42 1523.82 -5561.90 USD Million [+]
Remittances 767.30 715.05 891.95 238.55 USD Million [+]
Gold Reserves 11.80 11.80 26.30 11.79 Tonnes [+]
Crude Oil Production 519.00 530.00 563.00 329.00 BBL/D/1K [+]
Terrorism Index 1.62 0.79 3.02 0.58 [+]
Foreign Direct Investment 205.01 324.97 783.07 -286.13 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Ecuador Balance of Trade

Ecuador's economy is highly dependent on oil exports (58 percent of total exports). Other exports include: fish and shrimps and bananas. Main imports are: raw materials for industry (25 percent of total imports), capital goods for industry (19 percent), fuels and lubricants (17 percent) and consumption durables (13 percent). Ecuador´s main trading partner is the United States (45 percent of total exports and 27 percent of imports). Others include: Chile, China, Peru, Colombia and Panama. This page provides - Ecuador Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Balance of Trade - actual data, historical chart and calendar of releases - was last updated on October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-220735.00 -132608.00 619602.00 -729014.00 1985 - 2018 USD Thousand Monthly




balance of trade by Country
Country Last
Argentina -1127.00 Aug/18
Australia 1604.00 Aug/18
Brazil 4971.00 Sep/18
Canada 526.10 Aug/18
China 316.93 Sep/18
Euro Area 11671.20 Aug/18
France -5632.00 Aug/18
Germany 17174.00 Aug/18
India -13980.00 Sep/18
Indonesia 227.10 Sep/18
Italy 2564.00 Aug/18
Japan -444.59 Aug/18
Mexico -2590.00 Aug/18
Netherlands 3463.00 Aug/18
Russia 15797.00 Aug/18
Saudi Arabia 162782.00 Jun/18
Singapore 3685.26 Sep/18
South Africa 8794.70 Aug/18
South Korea 9746.00 Sep/18
Spain -3247700.00 Jul/18
Switzerland 1407.94 Aug/18
Turkey -2421.79 Aug/18
United Kingdom -1274.00 Aug/18
United States -53237.00 Aug/18


Related

Latest