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Ecuador

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U.S.-Ecuador Trade Facts

Ecuador is currently our 42nd largest goods trading partner with $11.2 billion in total (two way) goods trade during 2016. Goods exports totaled $4.8 billion; goods imports totaled $6.4 billion. The U.S. goods trade deficit with Ecuador was $1.6 billion in 2016.

According to the Department of Commerce, U.S. exports of Goods to Ecuador supported an estimated 23 thousand jobs in 2015 (latest data available).

Exports


  • Ecuador was the United States' 43rd largest goods export market in 2017.

  • U.S. goods exports to Ecuador in 2017 were $4.8 billion, up 15.8% ($657 million) from 2016 and up 64.2% from 2007. 

  • The top export categories (2-digit HS) in 2017 were: mineral fuels ($2.3 billion), machinery ($522 million), electrical machinery ($373 million), plastics ($240 million), and paper, paperboard ($145 million).

  • U.S. total exports of agricultural products to Ecuador totaled $289 million in 2017. Leading domestic export categories include: soybean meal ($65 million), wheat ($52 million), feeds & fodders nesoi ($27 million), cotton ($27 million), and fresh fruit ($12 million).

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Imports


  • Ecuador was the United States' 41st largest supplier of goods imports in 2017.

  • U.S. goods imports from Ecuador totaled $6.4 billion in 2017, up 5.3% ($320 million) from 2016, and up 4.0% from 2007. 

  • The top import categories (2-digit HS) in 2017 were: mineral fuels ($3.9 billion), fish and seafood (crustaceans) ($668 million), edible fruit & nuts (bananas,plantains) ($387 million), live trees and plants ($249 million), and special other (low value estimates) ($202 million).

  • U.S. total imports of agricultural products from Ecuador totaled $1.0 billion in 2017. Leading categories include: bananas and plantains ($320 million), nursery products ($249 million), processed fruit & vegetables ($138 million), cocoa beans ($126 million), and other fresh fruit ($50 million).

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Trade Balance


  • The U.S. goods trade deficit with Ecuador was $1.6 billion in 2017, a 17.8% decrease ($337 million) over 2016.

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Investment


  • U.S. foreign direct investment (FDI) in Ecuador (stock) was $779 million in 2017, a 24.8% decrease from 2016. U.S. direct investment in Ecuador is led by manufacturing, mining, and wholesale trade.

  • Ecuador's FDI in the United States (stock) was $14 million in 2017. There is no information on the distribution of Ecuador FDI in the U.S.

  • Sales of services in Ecuador by majority U.S.-owned affiliates were $1.1 billion in 2015 (latest data available), while sales of services in the United States by majority Ecuador-owned firms were $2 million.

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NOTE: No services trade data with Ecuador are available.