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Ecuador

Ecuador FlagU.S.-Ecuador Trade Facts

Ecuador is currently our 33rd largest goods trading partner with $18.8 billion in total (two way) goods trade during 2013. Goods exports totaled $7.3 billion; Goods imports totaled $11.5 billion. The U.S. goods trade deficit with Ecuador was $4.2 billion in 2013.

Exports

Ecuador was the United States' 35th largest goods export market in 2013.

U.S. goods exports to Ecuador in 2013 were $7.3 billion, up 9.5% ($638 million) from 2012, and up 407% from 2003.

The top export categories (2-digit HS) in 2013 were: Mineral Fuel (oil) ($3.1 billion), Machinery ($1.1 billion), Electrical Machinery ($512 million), Plastic ($277 million), and Vehicles ($255 million).  

U.S. exports of agricultural products to Ecuador totaled $424 million in 2013. Leading categories include: soybean meal ($184 million), wheat ($54 million), and cotton ($42 million).

Imports

Ecuador was the United States' 32nd largest supplier of goods imports in 2013.

U.S. goods imports from Ecuador totaled $11.5 billion in 2013, a 21.1% increase ($2.0 billion) from 2012, and up 322% from 2003.

The five largest import categories in 2013 were: Mineral Fuel (crude) ($8.8 billion), Fish and Seafood (shrimp and prawns) ($790 million), Edible Fruit and Nuts (bananas, plantains) ($456 million), Precious Stones (gold) ($413 million), and Cocoa ($185 million).

U.S. imports of agricultural products from Ecuador totaled $987 million in 2013. Leading categories include: bananas and plantains ($398 million), nursery products (cut flowers) ($178 million), and cocoa beans ($167 million).

Trade Balance

The U.S. goods trade deficit with Ecuador was $4.2 billion in 2013, a 48.9% increase ($1.4 billion) over 2012.

Investment

U.S. foreign direct investment (FDI) in Ecuador (stock) was $851 million in 2012 (latest data available), a 7.3% increase from 2011.

U.S. direct investment in Ecuador is led by the mining and manufacturing sectors.

Ecuador’s FDI in the United States (stock) was $40 million in 2012 (latest data available), down 39.4% from 2011.

The distribution of Ecuador’s FDI in the United States is not available.


*NOTE: No services trade data with Ecuador is available.

4/18/14