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Ecuador

Ecuador ranked No. 41 in total trade value through September with a total of $9.25 billion. Exports totaled $4.2 billion and Imports totaled $5.05 billion, a deficit of $850.4 million.

January – September 2019

Top Trading Ports

Total Trade: $9.25 billion

RankPortTotal YTD
1Port of Houston $1,166,592,317
2Miami International Airport $890,004,980
3Port of Long Beach $818,803,395
4Port of El Segundo, Calif. $766,924,309
5Shell Oil Terminal, Martinez, Calif. $751,498,064
6Port Miami $472,744,541
7Port of San Francisco, Calif. $375,480,851
8Port of Los Angeles $357,515,502
9Port of New Orleans $342,098,767
10Port of Lake Charles, La. $328,429,939

U.S. trade with Ecuador rose to $9.25 billion through September

Ecuador’s trade with the United States rose to $9.25 billion through the first nine months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 0.39 percent below its total trade during the same time period last year. U.S. exports to Ecuador decreased 2.84 percent while U.S. imports from Ecuador rose 1.75 percent. The U.S. deficit with Ecuador was $850.4 million.

Through September, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Miami International Airport; No. 3 Port of Long Beach; No. 4 Port of El Segundo, Calif.; and No. 5 Shell Oil Terminal, Martinez, Calif.. During the same period the previous year, the top five 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. In the current time period, the top five accounted for 47.52 percent of Ecuador’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston fell 9.5 percent to $1.17 billion.
    Exports fell 9.37 percent to $1.05 billion. Imports fell 10.63 percent to $118.01 million.
  • Trade with No. 2 Miami International Airport rose 1.76 percent to $890 million.
    Exports fell 6.33 percent to $493.58 million. Imports rose 14.02 percent to $396.42 million.
  • Trade with No. 3 Port of Long Beach rose 34.1 percent to $818.8 million.
    Exports fell 25.97 percent to $23.05 million. Imports rose 37.32 percent to $795.75 million.
  • Trade with No. 4 Port of El Segundo, Calif. rose 10.5 percent to $766.92 million.
    There were no exports. Imports rose 10.5 percent to $766.92 million.
  • Trade with No. 5 Shell Oil Terminal, Martinez, Calif. fell 24.11 percent to $751.5 million.
    There were no exports. Imports fell 24.11 percent to $751.5 million.

Ecuador ranked No. 41 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 42.

Meanwhile, total U.S. trade with the world increased to $3.11 trillion, down 0.58 percent compared to the same period last year. The nation’s exports dropped 1.01 percent to $1.23 trillion; imports dropped 0.3 percent to $1.88 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $647.62 billion, up compared to the same period of last year when the deficit was $640.85 billion.

The top five U.S. exports to Ecuador by value through September were the categories of Gasoline, other fuels; Petroleum gases, other gaseous hydrocarbons; Soybean oilcake, other solid residue, not ground; Cell phones, related equipment; and Low value shipments, respectively. They accounted for 56.61 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 79.28 percent of all inbound shipments.

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

  • Gasoline, other fuels rose 2.88 percent compared to last year to $1.74 billion.
  • Petroleum gases, other gaseous hydrocarbons fell 17.16 percent compared to last year to $285.92 million.
  • Soybean oilcake, other solid residue, not ground rose 68.25 percent compared to last year to $147.64 million.
  • Cell phones, related equipment fell 17.59 percent compared to last year to $112.08 million.
  • Low value shipments fell 1.4 percent compared to last year to $94.19 million.

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

  • Oil fell 3.17 percent compared to last year to $2.94 billion.
  • Shrimp, other crustaceans rose 3.44 percent compared to last year to $406.51 million.
  • Bananas and plantains, fresh or dried fell 4.64 percent compared to last year to $282.27 million.
  • Fresh-cut flowers rose 6.42 percent compared to last year to $215.77 million.
  • Salvage rose 3.75 percent compared to last year to $162.94 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.

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