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Ecuador

Ecuador ranked No. 42 in total trade value through October with a total of $10.27 billion. Exports totaled $4.83 billion and Imports totaled $5.44 billion, a deficit of $606.06 million.

January – October 2018

Top Trading Ports

Total Trade: $10.27 billion

RankPortTotal YTD
1Port of Houston $1,431,962,136
2Shell Oil Terminal, Martinez, Calif. $1,014,547,183
3Miami International Airport $970,126,584
4Port of El Segundo, Calif. $775,958,687
5Port of Long Beach $722,355,251
6Port Miami $504,854,435
7Port of Los Angeles $487,389,863
8Port of New York $349,864,644
9Port of Texas City, Texas $331,694,447
10Port of Port Arthur, Texas $310,220,214

U.S. trade with Ecuador rose to $10.27 billion through October

Ecuador’s trade with the United States rose to $10.27 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 13.65 percent above its total trade during the same time period last year. Ecuador’s exports increased 26.85 percent while imports rose 4.03 percent. The U.S. deficit with Ecuador was $606.06 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Shell Oil Terminal, Martinez, Calif.; No. 3 Miami International Airport; No. 4 Port of El Segundo, Calif.; and No. 5 Port of Long Beach. During the same period the previous year, the top five were No. 1 Shell Oil Terminal, Martinez, Calif. No. 2 Port of El Segundo, Calif. No. 3 Miami International Airport No. 4 Port of Houston and No. 5 Port of Long Beach. In the current time period, the top five accounted for 47.84 percent of Ecuador’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 59.09 percent to $1.43 billion.
    Exports rose 54.78 percent to $1.27 billion. Imports rose 101.75 percent to $166.4 million.
  • Trade with No. 2 Shell Oil Terminal, Martinez, Calif. fell 7.37 percent to $1.01 billion.
    There were no exports. Imports fell 7.37 percent to $1.01 billion.
  • Trade with No. 3 Miami International Airport rose 5.54 percent to $970.13 million.
    Exports rose 9.95 percent to $587.43 million. Imports fell 0.57 percent to $382.7 million.
  • Trade with No. 4 Port of El Segundo, Calif. fell 23.73 percent to $775.96 million.
    There were no exports. Imports fell 23.73 percent to $775.96 million.
  • Trade with No. 5 Port of Long Beach rose 24.97 percent to $722.36 million.
    Exports rose 14.09 percent to $34.68 million. Imports rose 25.58 percent to $687.68 million.

Ecuador ranked No. 42 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 44.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Ecuador by value through October were the categories of Gasoline, other fuels; Petroleum gases, other gaseous hydrocarbons; Cell phones, related equipment; Misc. uncoated kraft paper, paperboard; and Low value shipments, respectively. They accounted for 55.82 percent of total exports to Ecuador.

The value of the top five categories of U.S. imports from Ecuador –– Oil; Shrimp, other crustaceans; Bananas and plantains, fresh or dried; Fresh-cut flowers; and Salvage –– accounted for 81.68 percent of all inbound shipments.

Looking more closely at U.S. exports to Ecuador:

  • Gasoline, other fuels rose 24.97 percent compared to last year to $1.92 billion.
  • Petroleum gases, other gaseous hydrocarbons rose 141.36 percent compared to last year to $370.87 million.
  • Cell phones, related equipment fell 4.22 percent compared to last year to $150.32 million.
  • Misc. uncoated kraft paper, paperboard rose 57.47 percent compared to last year to $147.64 million.
  • Low value shipments rose 26.71 percent compared to last year to $107.05 million.

Looking more closely at U.S. imports from Ecuador:

  • Oil rose 3.32 percent compared to last year to $3.29 billion.
  • Shrimp, other crustaceans fell 8.54 percent compared to last year to $437.93 million.
  • Bananas and plantains, fresh or dried rose 18.23 percent compared to last year to $320.34 million.
  • Fresh-cut flowers rose 3.69 percent compared to last year to $220.77 million.
  • Salvage rose 3.28 percent compared to last year to $176.36 million.

In the latest annual figures available, Ecuador recorded $11.16 billion in trade with the United States. At year’s end, its were Los Angeles; Houston; Miami; San Francisco; and New Orleans. Total U.S. exports to Ecuador were $ 4.78 billion and imports from Ecuador were $6.38 billion. The U.S. deficit with Ecuador was $1.6 billion.