Country import demand

Ecuador
import demand

A reported view of Ecuador's import scale, sector demand, supplier breadth, economy, and trade history.

ECU1995-2024 coverage270 active partner marketsMacro trend resilient
Latest imports$26.3B2024 reported
Import growth-7.1%Year on year
Population18.1MReported population
GDP per capita$6.9KCurrent-dollar GDP
Trade openness56.8%Exports + imports / GDP

The country import read

What does Ecuador import?

In 2024, Ecuador recorded $26.3B in reported imports. Imports changed -7.1% year on year and +3.4% annualized over three years. Mineral fuels was the largest displayed import sector.

Import history

A long view of demand

Latest twelve years from the reported country series.

Reported imports by year

2013
$25.6B
2014
$25.9B
2015
$20.2B
2016
$15.4B
2017
$19.3B
2018
$23.0B
2019
$21.8B
2020
$16.8B
2021
$23.8B
2022
$29.9B
2023
$28.4B
2024
$26.3B

Demand drivers

The economy behind import demand

Macro and structural indicators add context to reported imports.

GDP$124.7B2024 macro context
GDP growth3%Five-year CAGR
Population growth0.9%Five-year CAGR
Investment rate25.8%National rate
Savings rate26%National rate
Trade openness56.8%Exports + imports / GDP

Import portfolio

The sectors shaping demand

All returned HS2 sectors ranked by latest import value.

Import demand by HS2All returned · 2024
Leading import sectors for Ecuador
RankSectorImportsShareImport partnersActive HS6
1Mineral fuelsHS2 27$6.0B23%6736
2Fish and crustaceansHS2 03$161.9M0.6%34154
3Edible fruit and nutsHS2 08$146.8M0.6%2865
4Cocoa and cocoa preparationsHS2 18$58.1M0.2%3311
5Ores, slag and ashHS2 26$1.9M0%1726
6Prepared meat and fishHS2 16$34.8M0.1%2837
7Live plants and cut flowersHS2 06$37.1M0.1%2716
8Precious stones and metalsHS2 71$21.9M0.1%6341
9Wood and wood articlesHS2 44$59.8M0.2%6791
10VegetablesHS2 07$56.9M0.2%2662

Import values are reported observations. Full rows remain in the downloads.

Supply diversification

Where import exposure is spread

Partner breadth, concentration, access, and distance add supplier context.

Supplier markets270Reported partner count
Partner concentration1,097.2Partner HHI
Top 3 partner share54.9%Reported concentration
FTA partner markets36Reported count
Average distance10,332 kmCalculated average
Macro resilienceMacro trend resilientCountry context
Complete country valuesOpen the full import evidenceFull profile, history, and HS2 sector fields remain available here and in the downloads.

Profile fields

Year2,024
Country Iso3ECU
Exports Usd$36.3B
Imports Usd$26.3B
Trade Balance Usd$9.9B
Yoy Exports Growth Pct5.9%
Yoy Imports Growth Pct-7.1%
Exports Cagr 3y Pct7.6%
Imports Cagr 3y Pct3.4%
Export Partner Hhi1,097.2
Export Product Hhi1,688.3
Momentum Score6.4
Risk Score13.9
Gdp Million Usd124,676.1 million USD
Gdp Per Capita Usd$6.9K
Population18,135,478
Labor Force9,267.7
Investment Rate Pct25.8%
Savings Rate Pct26%
Secondary Education Pct54.3%
Tertiary Education Pct9.8%
Total Factor Productivity529.4
Trade Openness Pct56.8%
Exports Gdp Pct32.9%
Num Active Partners270
Num Fta Partners36
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners2%
Num Shared Language Partners24%
Avg Partner Distance Km10,332 km
Avg Partner Gdp Million Usd533,678,518.3 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta13
Pct Partners Shared Language8.9%
Pct Partners Shared Border0.7%
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp0.1
Avg Distance All Partners Km9,987 km
Num Border Partners50
Num Colonial Partners25
Avg Substitution Elasticity-9
Pct Products High Elasticity70.4
Pct Products Low Elasticity3.6
Real Market Potential76,922.2
Foreign Market Potential8,683.3

Supplier context

Country Iso3ECU
All History Lane Count5,961
Current Lane Count2,331
Critical Lane Count23
High Attention Lane Count422
High Volatility Lane Count1,306
Unrecovered Drawdown Lane Count901
Declining Demand Lane Count8
Concentrated Market Lane Count1,194
Access Friction Lane Count385
Buyer Macro Weakness Lane Count56
Monitored Exports Current Usd$35.4B
Attention Exports Usd$22.9B
Critical Exports Usd$3.8B
High Volatility Exports Usd$17.3B
Unrecovered Drawdown Exports Usd$5.7B
Non Fta Exports Usd$27.4B
Monitored Attention Share Pct64.7%
Monitored Critical Share Pct10.6%
Fta Covered Exports Share Pct22.4%
Export Weighted Volatility Cv1.1
Export Weighted Below Peak Pct20%
Export Weighted Distance Km7,828 km
Export Weighted Tariff Pct0.1%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$36.3B
Total Imports Latest Usd$26.3B
Trade Balance Latest Usd$9.9B
Exports Yoy Latest Pct5.9%
Exports Cagr 3y Latest Pct7.6%
Gdp Latest Million Usd124,676.1 million USD
Gdp Per Capita Latest Usd$6.9K
Population Latest18,135,478
Investment Rate Latest Pct25.8%
Savings Rate Latest Pct26%
Trade Openness Latest Pct56.8%
Exports Gdp Latest Pct32.9%
Active Partners Latest270
Fta Partners Latest36
Foreign Market Potential Latest8,683.3
Gdp 5y Cagr Pct3%
Gdp Per Capita 5y Cagr Pct2.1%
Population 5y Cagr Pct0.9%
Partner Hhi Latest1,097.2
Partner Top1 Share Latest Pct21.4%
Partner Top3 Share Latest Pct54.9%
Partner Hhi All Avg1,655.8
Partner Hhi All Max2,842.7
Product Hhi Latest1,688.3
Product Top1 Share Latest Pct34.8%
Product Top3 Share Latest Pct61.1%
Product Hhi All Avg2,061.5
Product Hhi All Max3,148.6
Total Exports Attention Share Pct63.1%
Total Exports Critical Share Pct10.3%
Attention LevelHigh attention
Primary Risk DriverMarket access exposure
Macro Resilience LabelMacro trend resilient

Annual import history

YearImportsExportsBalanceImports YoY
1995$4.4B$4.5B$154.7M+0%
1996$3.9B$4.9B$1.1B-12.3%
1997$4.7B$5.3B$566.8M+23%
1998$5.6B$4.4B-$1.2B+18.4%
1999$3.1B$4.9B$1.7B-44.3%
2000$3.6B$5.3B$1.8B+14.7%
2001$5.5B$5.1B-$408.0M+52.3%
2002$6.3B$5.4B-$880.7M+14.4%
2003$6.2B$6.5B$283.1M-1.3%
2004$7.4B$8.9B$1.5B+20.3%
2005$9.4B$11.0B$1.6B+27%
2006$11.7B$13.3B$1.6B+23.9%
2007$13.5B$14.7B$1.2B+16%
2008$18.2B$19.9B$1.6B+34.7%
2009$14.7B$15.1B$449.3M-19.6%
2010$20.0B$18.7B-$1.3B+36.4%
2011$22.9B$23.1B$136.8M+14.8%
2012$24.3B$25.0B$705.5M+5.7%
2013$25.6B$26.1B$527.4M+5.6%
2014$25.9B$27.1B$1.2B+1.3%
2015$20.2B$19.6B-$594.9M-22.2%
2016$15.4B$17.5B$2.2B-23.9%
2017$19.3B$19.7B$377.8M+25.8%
2018$23.0B$22.3B-$657.7M+18.8%
2019$21.8B$23.6B$1.8B-5%
2020$16.8B$21.8B$5.1B-23.1%
2021$23.8B$29.2B$5.3B+42.1%
2022$29.9B$36.6B$6.7B+25.5%
2023$28.4B$34.2B$5.9B-5.1%
2024$26.3B$36.3B$9.9B-7.1%

Import sectors

RankHS2SectorImportsShareImport partnersActive HS6
127Mineral fuels$6.0B23%6736
203Fish and crustaceans$161.9M0.6%34154
308Edible fruit and nuts$146.8M0.6%2865
418Cocoa and cocoa preparations$58.1M0.2%3311
526Ores, slag and ash$1.9M0%1726
616Prepared meat and fish$34.8M0.1%2837
706Live plants and cut flowers$37.1M0.1%2716
871Precious stones and metals$21.9M0.1%6341
944Wood and wood articles$59.8M0.2%6791
1007Vegetables$56.9M0.2%2662

Questions about this profile

Ecuador import demand, in context

Short answers for import and supplier research.

What does the Ecuador import profile measure?

It combines reported imports, annual history, HS2 sectors, supplier breadth, economy context, and calculated indicators for Ecuador.

What is the latest reported import value for Ecuador?

Ecuador recorded $26.3B in reported imports in 2024.

Which sectors lead Ecuador's imports?

Mineral fuels leads by reported import value at $6.0B.

How many years of Ecuador import history are available?

This profile contains 30 annual rows covering 1995 through 2024.

What drives import demand?

GDP, population, investment, savings, and trade openness provide demand context.

Are the growth and concentration values forecasts?

No. They are calculated or classified from reported observations, not forecasts or guarantees.

Continue your research

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Compare countries, products, sectors, and suppliers using reported trade data.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.