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Ecuador

Ecuador ranked No. 41 in total trade value through March with a total of $2.88 billion. Exports totaled $1.41 billion and Imports totaled $1.47 billion, a deficit of $54.67 million.

January – March 2019

Top Trading Ports

Total Trade: $2.88 billion

RankPortTotal YTD
1Port of Houston $352,260,038
2Miami International Airport $317,896,309
3Port of El Segundo, Calif. $259,327,549
4Shell Oil Terminal, Martinez, Calif. $230,085,345
5Port Miami $161,853,477
6Port of Long Beach $144,390,280
7Port of New Orleans $134,340,358
8Port of San Francisco, Calif. $101,493,194
9Port of Los Angeles $100,870,489
10Port of New York $98,526,310

U.S. trade with Ecuador rose to $2.88 billion through March

Ecuador’s trade with the United States rose to $2.88 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 2.18 percent above its total trade during the same time period last year. Ecuador’s exports increased 7.78 percent while imports fell 2.69 percent. The U.S. deficit with Ecuador was $54.67 million.

Through March, 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 El Segundo, Calif.; No. 4 Shell Oil Terminal, Martinez, Calif.; and No. 5 Port Miami. 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 Los Angeles and No. 5 Port of Long Beach. In the current time period, the top five accounted for 45.89 percent of Ecuador’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston fell 7.87 percent to $352.26 million.
    Exports fell 11.49 percent to $314.37 million. Imports rose 39.44 percent to $37.89 million.
  • Trade with No. 2 Miami International Airport rose 5.57 percent to $317.9 million.
    Exports fell 3.21 percent to $167.78 million. Imports rose 17.49 percent to $150.12 million.
  • Trade with No. 3 Port of El Segundo, Calif. rose 68.89 percent to $259.33 million.
    There were no exports. Imports rose 68.89 percent to $259.33 million.
  • Trade with No. 4 Shell Oil Terminal, Martinez, Calif. fell 34.41 percent to $230.09 million.
    There were no exports. Imports fell 34.41 percent to $230.09 million.
  • Trade with No. 5 Port Miami rose 19.2 percent to $161.85 million.
    Exports rose 25.21 percent to $117.31 million. Imports rose 5.82 percent to $44.54 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 $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Ecuador by value through March were the categories of Gasoline, other fuels; Petroleum gases, other gaseous hydrocarbons; Soybean oilcake, other solid residue, not ground; Cell phones, related equipment; and Misc. uncoated kraft paper, paperboard, respectively. They accounted for 56.26 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 78.34 percent of all inbound shipments.

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

  • Gasoline, other fuels fell 2.78 percent compared to last year to $530.86 million.
  • Petroleum gases, other gaseous hydrocarbons rose 46.19 percent compared to last year to $105.24 million.
  • Soybean oilcake, other solid residue, not ground rose 186.18 percent compared to last year to $75.81 million.
  • Cell phones, related equipment rose 14.02 percent compared to last year to $49.54 million.
  • Misc. uncoated kraft paper, paperboard rose 2.19 percent compared to last year to $33.33 million.

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

  • Oil fell 1.42 percent compared to last year to $791.38 million.
  • Shrimp, other crustaceans fell 23.17 percent compared to last year to $108.24 million.
  • Bananas and plantains, fresh or dried fell 12.38 percent compared to last year to $104.09 million.
  • Fresh-cut flowers rose 9.59 percent compared to last year to $93.7 million.
  • Salvage rose 5.97 percent compared to last year to $52.07 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.