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Ecuador import Statistics

Ecuador Import Data

Ecuador, known for its rich biodiversity and strategic location, is a country that heavily relies on international trade. Ecuador, a South American country known for its diverse flora and fauna, has a robust import market that contributes significantly to its economy. Let us explore the imports of Ecuador in the year 2023. Automobiles, consumer goods, food, and chemical products are among the items that Ecuador imports, along with machinery and basic industrial supplies. Based on Ecuador’s trade activities, Ecuador is the 71st biggest importer of goods worldwide. 

According to Ecuador’s import data, Ecuador imported goods worth $30.9 billion in 2023. Compared to the previous year, Ecuador's imports of goods declined by 7%. Ecuador’s total GDP is $118.85 billion, and a GDP import share of 28.78%. Ecuador is a part of major trading blocs such as Mercosur, CAN, and WTO. By analyzing the latest Ecuador customs data and trends, we can gain insights into the major imports of the country and predict the future of Ecuador's import data.

Ecuador Customs Import Data | Ecuador Trade Shipment Data

71

The country has been ranked 71st in global imports, showing a significant position in the international trade landscape and import market.

0.1%

With a mere 0.1% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

USA

The USA holds a significant role as the largest import partner of the country in terms of goods imports and import share.

MINERAL FUELS AND MINERAL OILS

Mineral fuels and mineral oils are the biggest import commodities of the country, playing a vital role in its economy.

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import

Top 10 Imports of Ecuador | Ecuador Import Data by HS Code

Ecuador's top 10 imports encompass a diverse range of goods, highlighting the country's reliance on imports to meet its domestic needs. Through robust data collection and analysis, we can obtain valuable information about the types, sources, and quantities of imported goods. Here are the top 10 imports of Ecuador in 2023 according to Ecuador import data and Ecuador customs data:

  • Mineral fuels and mineral oils (HS code 27): 24.13% ($7.45 billion)
  • Nuclear reactor and machinery (HS code 84): 10.04% ($3.10 billion)
  • Vehicles (HS code 87): 9.03% ($2.79 billion)
  • Electrical machinery and equipment (HS code 85): 6.69% ($2.06 billion)
  • Prepared animal fodder (HS code 23): 5.22% ($1.61 billion)
  • Pharmaceuticals (HS code 30): 4.31% ($1.33 billion)
  • Plastics and articles thereof (HS code 39): 3.85% ($1.19 billion)
  • Iron and steel (HS code 72): 2.95% ($912.63 million)
  • Cereals (HS code 10): 2.15% ($664.26 million)
  • Optical, medical, or surgical instruments (HS code 90): 2.12% ($655.82 million)
    • Partners

    Top 10 Import Partners of Ecuador | Ecuador Import Data by Country

    When it comes to import partners, Ecuador forms strong economic ties with various nations which help in the economic growth of the country. The top 10 trade partners for Ecuador's imports play a significant role in shaping the country's international trade. These import partners of Ecuador in 2023 according to Ecuador’s shipment data are:

    Value In Percentage(%)

  • USA: 26.8% (8.28 billion US$)
  • China: 20.7% (6.40 billion US$)
  • Colombia: 7.4% (2.28 billion US$) 
  • Brazil: 4% (1.23 billion US$)
  • Peru: 3.5% (1.07 billion US$)
  • South Korea: 2.8% (853.18 million US$)
  • Italy: 2.7% (819.92 million US$)
  • Japan: 2.5% (778.13 million US$)
  • Spain: 2.4% (741.14 million US$)
  • Mexico: 2.4% (738.73 million US$)
    • Sample Data

    Understanding Ecuador Customs Data for Imports

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    To understand the imports of Ecuador, it is essential to rely on accurate and comprehensive Ecuador import data, which comes under the customs data. Ecuador's import data provides valuable insights into the country's trade partners and the extent of their import activities. According to Ecuador’s customs data and trade data, Ecuador imported goods worth a total of $30.9 billion in 2023. Understanding the top trade partners is crucial for Ecuador's import strategies and bilateral relations. It helps identify potential growth areas and areas for improvement. Ecuador's Buyers data, shipment data, and customs data for its import trade statistics are crucial for the country’s economic information.  So, as you can see, we obtain trustworthy data from organizations, shipping businesses, and customs ports. The trade data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, importers/exporters names and addresses, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of the trade data for your convenience and greater understanding so that you can see what the trade data or customs data looks like as a whole, with complete details.

    Ecuador Import Data
    ID 297243 DATE 2022-07-13
    IMPORT TYPE IMPORT FOR CONSUMPTION REFRENDO 055-2022-10-00757010
    DECLARATION NUMBER (DAU) 04010216 ITEM NUMBER 1
    IMPORTER ID 0201089570001 IMPORTER DAVILA CHAVEZ REMIGIO JAVIER
    ORIGIN COUNTRY ARGENTINA Field9 ARGENTINA
    LOADING COUNTRY ARGENTINA LOADING PORT EZEISA APT/BUENOS AIRES
    TRANSPORT TYPE AIR UNLOADING PORT QUITO
    2 DIGIT HS CODE 01 4 DIGIT HS CODE 0101
    HS CODE 0101299000 PRODUCT DESCRIPTION SPORT HORSE
    BRAND SIN MARCA CONDITION NEW
    CONTAINER 0 PACKAGES 3
    QUANTITY 1 UNIT OF MEASURE NUMBER OF UNITS
    ADVALOREM RATE 0 US$ FOB 4300
    US$ FREIGHT 2997.6 US$ INSURANCE 72.97
    US CIF 7370.57 SHIPPER JOSA SA
    CUSTOMS AGENT 01906216-MOLINA IDROVO MANUEL OCTAVIO CUSTOMS AGENCY SOLENTAIR C LTDA
    SHIPPING AGENCY SOLENTAIR C LTDA SHIP A7BFX
    BL NUMBER CEC2022QR000106 CONOCIMIENTO EMB 15778763020
    COMMERCIAL DEPOSIT NET WEIGHT 500
    Benefits

    Benefits of Ecuador Import Data

  • Expand your enterprise into the Ecuador Market.
  • Discover Ecuador's most recent product demand and price projections.
  • Examine the Shipment data and History of Your Rivals.
  • Give your marketing plan an approach based on data.
  • Create a powerful brand identity in Ecuador.
  • Create more ROI and long-term business goals.

    • Frequently Asked Questions!!

    Based on Ecuador's import data and Ecuador trade statistics for 2023, the major commodities for Ecuador’s imports include mineral fuels, automobiles, and machinery and electrical equipment.

    According to Ecuador’s import data and Ecuador customs data, the country imported goods worth $30.9 billion in 2023.

    Based on Ecuador trade records, Mineral fuels and mineral oils emerged as the major import commodity for Ecuador’s imports in 2023.

    Ecuador’s import data is important as it provides valuable insights into the country's trade partners and the extent of their import activities.

    According to Ecuador trade activities, the major trade partners of Ecuador in 2023 are the USA, China, Colombia, Brazil, and Peru.

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