Trade in goods with USA SITC (Standard International Trade Classification)
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Ecuador trade flows with USA by SITC*) product sections during 2020/3 - 2020/7

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2020/3
%
2020/4
%
2020/5
%
2020/6
%
2020/7
%
Export0.30.30.20.30.3
Import0.30.20.10.20.2
Trade in Goods0.30.20.20.20.3

USA's foreign trade with Ecuador, exports to Ecuador and imports from Ecuador in Juli 2020


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In Juli Ecuador was USA's 42. largest foreign trade partner. $786 million worth of trade was 22.1 per cent lower than in Juli of the previous year. In Juli the trade balance with Ecuador was $37 million in deficit for United States of America.

The value of imports from Ecuador decreased strongly, by 31.6 per cent compared to in Juli of the previous year. The import amounted to $411 million in Juli 2020. Major product categories of imports from Ecuador were Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude), representing 31.7 percent of imports, Sitc036 (crustaceans, molluscs and aquatic invertebrates, whether in shell or not, fresh (live or dead), chilled, frozen, dried, salted or in brine; crustaceans, in shell, cooked by steaming or boiling in water, whether or not chilled, frozen, dried, salted o) 20.6 % and Sitc057 (fruit and nuts (not including oil nuts), fresh or dried) 8.1 % of the imports.

The value of exports to Ecuador declined by 8.0 per cent compared to in Juli of the previous year, thus amounting to $374 million in Juli 2020. The largest product groups of exports were: Sitc334 (petroleum oils and oils obtained from bituminous minerals (other than crude); preparations, n.e.s., containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the prepar), which represented a share of 36.8 per cent of total exports, Sitc342 (liquefied propane and butane) 7.8 % and Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76) 6.8 % of the exports.

Development during January-Juli 2020

The trade in goods between January and Juli of 2020 was of lesser value than in the corresponding period of the previous year. The value of the trade was $5.7 billion, down 18.1 %. During January-Juli the value of imports was $3.2 billion. The export value was $2.5 billion. Compared to the corresponding period in 2019, the value of both imports and exports decreased significantly. The decline in imports was -15.2 % and in the value of exports -21.5 %. The largest value in imports was in Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude), worth $1.4 billion. In export the largest value had Sitc334 (petroleum oils and oils obtained from bituminous minerals (other than crude); preparations, n.e.s., containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the prepar), worth being $894 million. From USA's point of view, the trade balance between the countries in January-Juli remained in deficit. The trade deficit was $655 million. The trade deficit continued to widen compared to the corresponding period in 2019. At that time, the deficit was $532 million.


Table: USA's export to Ecuador (EC) during 2020/3 - 2020/7

2020 / 32020 / 42020 / 52020 / 62020 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 43,2 11.0 53,6 16.5 25,1 12.8 32,7 10.1 36,5 9.7
01. Meat and meat preparations 1,1 0.3 0,3 0.1 0,3 0.1 0,5 0.1 0,3 0.1
04. Cereals and cereal preparations 5,9 1.5 20,5 6.3 5,1 2.6 0,4 0.1 16,4 4.4
05. Vegetables and fruit 1,4 0.4 1,5 0.4 0,5 0.2 1,1 0.3 1,8 0.5
06. Sugars,sugar preparations and honey 0,6 0.1 0,3 0.1 0,2 0.1 0,2 0.0 0,2 0.0
07. Coffee,tea,cocoa,spices 0,8 0.2 1,1 0.3 0,7 0.3 0,9 0.3 0,5 0.1
08. Feeding stuff for animals 30,8 7.8 26,7 8.2 15,9 8.1 27,2 8.4 15,1 4.0
09. Miscellaneous edible products and preparations 1,10 0.5 2,9 0.9 2,4 1.2 2,5 0.8 1,9 0.5
1. Beverages and tobacco 0,7 0.2 0,2 0.0 0,1 0.0 0 0.0 0,1 0.0
11. Beverages 0,6 0.1 0,2 0.0 0,1 0.0 0 0.0 0,1 0.0
2. Crude materials,inedible,except fuels 7,5 1.9 10,4 3.2 7,3 3.7 3,9 1.2 7,9 2.1
22. Oil seeds,oleaginous fruits 0,1 0.0 1,4 0.4 0,2 0.1 0,2 0.1 2,1 0.5
25. Pulp and waste paper 1,3 0.3 3,4 1.0 4,2 2.1 1,2 0.4 1,8 0.5
26. Textile fibres and their wastes 1,8 0.4 1,6 0.5 0,2 0.1 0,3 0.1 0,2 0.1
28. Metalliferous ores and metal scrap 1,7 0.4 1,4 0.4 1,3 0.6 1,1 0.3 1,1 0.3
29. Crude animal,vegetable materials n.e.s. 2,3 0.6 2,2 0.7 1,5 0.8 1,1 0.3 2,4 0.6
3. Mineral fuels etc 175,9 44.7 150,2 46.2 33,8 17.3 112,1 34.6 168,1 44.9
33. Petroleum and products 140,2 35.7 122,3 37.6 15,4 7.8 75,8 23.4 138,9 37.1
34. Gas,natural and manufactured 35,6 9.0 27,10 8.6 18,5 9.4 36,3 11.2 29,3 7.8
4. Animal and vegetable oils and fats 0,2 0.0 0,4 0.1 0,6 0.3 0,6 0.2 0,7 0.2
5. Chemicals and related products,n.e.s. 50,5 12.8 40,8 12.5 35,3 18.0 33,7 10.4 36,8 9.8
51. Organic chemicals 3,5 0.9 4,7 1.4 3,6 1.8 1,3 0.4 2,3 0.6
52. Inorganic chemicals 0,9 0.2 0,5 0.2 0,8 0.4 0,9 0.3 1,5 0.4
53. Dyeing,tanning and colouring material 2,4 0.6 1,4 0.4 1,2 0.6 0,9 0.3 1,5 0.4
54. Medicinal and pharmaceutical products 2,1 0.5 4,1 1.2 3,3 1.7 5,2 1.6 5,4 1.4
55. Perfume,cleaning etc.preparations 3,0 0.8 1,9 0.6 1,5 0.7 1,8 0.5 1,6 0.4
56. Fertilizers,manufactured 1,3 0.3 4,8 1.5 3,3 1.7 5,3 1.6 2,5 0.7
57. Plastics in primary forms 25,9 6.6 15,2 4.7 11,7 6.0 11,4 3.5 15,10 4.2
58. Plastics in non-primary forms 1,1 0.3 0,8 0.2 0,10 0.5 1,0 0.3 1,1 0.3
59. Chemical materials and products,n.e.s. 10,6 2.7 7,8 2.4 9,2 4.7 6,2 1.9 5,2 1.4
6. Basic manufactures 22,6 5.7 21,1 6.5 19,5 9.9 23,5 7.3 16,4 4.4
62. Rubber manufactures,n.e.s. 0,9 0.2 0,3 0.1 0,4 0.2 0,3 0.1 0,7 0.2
64. Paper,paperboard and articles thereof 15,5 3.9 16,3 5.0 15,1 7.7 19,9 6.1 12,2 3.3
65. Textile yarn,fabrics,made up articles,etc. 1,4 0.4 0,7 0.2 0,8 0.4 1,2 0.3 0,9 0.2
66. Non-metallic mineral manufactures,n.e.s. 0,7 0.2 0,5 0.1 0,6 0.3 0,3 0.1 0,2 0.1
67. Iron and steel 0,8 0.2 0,7 0.2 0,5 0.2 0,2 0.1 0,3 0.1
69. Manufactures of metals,n.e.s. 3,3 0.8 2,4 0.7 1,10 1.0 1,5 0.4 1,9 0.5
7. Machinery,transport equipment 65,5 16.7 31,4 9.6 60,4 30.8 100,5 31.0 83,2 22.2
71. Power generating machinery and equipment 3,8 1.0 1,2 0.4 2,0 1.0 2,6 0.8 3,1 0.8
72. Machinery for specialized industries 8,2 2.1 3,8 1.2 3,2 1.6 4,6 1.4 4,4 1.2
73. Metal working machinery 0,6 0.1 0,5 0.1 0,8 0.4 0,4 0.1 0,3 0.1
74. General industrial machinery n.e.s. 11,0 2.8 8,5 2.6 9,7 4.9 10,3 3.2 9,5 2.5
75. Office machines and adp machines 10,2 2.6 5,2 1.6 15,6 7.9 23,2 7.1 20,2 5.4
76. Telecommunications and sound recording equipment 12,1 3.1 5,7 1.7 19,1 9.7 35,2 10.8 26,3 7.0
77. Electric machinery,n.e.s.and parts 9,4 2.4 3,9 1.2 7,5 3.8 6,2 1.9 9,0 2.4
78. Road vehicles 9,1 2.3 1,9 0.6 2,3 1.1 14,6 4.5 8,5 2.3
79. Other transport equipment 1,4 0.3 1,1 0.3 0,6 0.3 3,9 1.2 2,2 0.6
8. Miscellaneous manufactured articles 14,5 3.7 9,8 3.0 9,5 4.8 10,3 3.2 12,10 3.4
82. Furniture and parts thereof 0,5 0.1 0,3 0.1 0,6 0.3 0,3 0.1 0,3 0.1
84. Articles of apparel and clothing accessories 1,6 0.4 0,2 0.1 0,1 0.0 0,5 0.1 1,2 0.3
87. Instruments and apparates n.e.s. 6,5 1.6 4,9 1.5 6,3 3.2 5,8 1.8 7,5 2.0
88. Photographic equipment,optical goods etc. 1,3 0.3 1,10 0.6 0,4 0.2 0,4 0.1 0,7 0.2
89. Miscellaneous manufactured articles,n.e.s. 4,5 1.1 2,4 0.7 1,7 0.8 3,1 1.0 2,9 0.8
9. Goods not classified elsewhere 13,1 3.3 7,8 2.4 4,5 2.3 7,1 2.2 12,2 3.3
93. Special transactions and commodities not classified 0,4 0.1 0,2 0.1 0,4 0.2 0,4 0.1 0,8 0.2
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 8,7 2.2 7,6 2.3 4,2 2.1 6,7 2.1 8,1 2.1
0-9. All groups combined 393,1 100.0 325,3 100.0 195,6 100.0 323,10 100.0 374,5 100.0

Source: US Census Bureau

Table: Import from Ecuador (EC) to USA during 2020/3 - 2020/7

2020 / 32020 / 42020 / 52020 / 62020 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 156,0 29.1 121,1 38.9 120,10 49.3 166,8 45.1 174,8 42.5
03. Fish and fish preparations 74,9 13.9 48,4 15.5 51,9 21.1 86,9 23.5 108,7 26.4
04. Cereals and cereal preparations 0,9 0.2 0,7 0.2 0,6 0.2 0,9 0.2 0,7 0.2
05. Vegetables and fruit 55,1 10.3 54,8 17.6 49,10 20.3 53,5 14.5 49,7 12.1
06. Sugars,sugar preparations and honey 0,6 0.1 0,5 0.1 0,1 0.0 0,1 0.0 0,1 0.0
07. Coffee,tea,cocoa,spices 23,6 4.4 15,5 5.0 17,10 7.3 24,1 6.5 14,7 3.6
08. Feeding stuff for animals 0,9 0.2 1,2 0.4 0,3 0.1 1,1 0.3 0,7 0.2
2. Crude materials,inedible,except fuels 14,5 2.7 25,4 8.1 24,8 10.1 16,5 4.5 16,6 4.0
24. Cork and wood 1,7 0.3 0,9 0.3 1,7 0.7 1,9 0.5 1,5 0.4
29. Crude animal,vegetable materials n.e.s. 12,6 2.3 24,6 7.9 22,9 9.3 14,6 3.9 15,1 3.6
3. Mineral fuels etc 308,5 57.5 120,5 38.7 50,5 20.6 123,4 33.4 155,8 37.9
33. Petroleum and products 308,5 57.5 120,5 38.7 50,5 20.6 123,4 33.4 155,8 37.9
4. Animal and vegetable oils and fats 1,3 0.2 1,2 0.4 1,2 0.5 0,9 0.2 1,4 0.3
42. Fixed vegetable fats and oils 1,3 0.2 1,2 0.4 1,2 0.5 0,9 0.2 1,4 0.3
5. Chemicals and related products,n.e.s. 2,3 0.4 1,8 0.6 1,0 0.4 1,3 0.3 0,7 0.2
57. Plastics in primary forms 1,1 0.2 0,7 0.2 0,3 0.1 0,9 0.2 0,3 0.0
58. Plastics in non-primary forms 0,8 0.1 0,7 0.2 0,2 0.1 0,1 0.0 0,2 0.0
6. Basic manufactures 16,6 3.1 12,3 3.9 13,5 5.5 16,4 4.4 16,0 3.9
62. Rubber manufactures,n.e.s. 1,7 0.3 1,1 0.3 0,3 0.1 0,3 0.1 1,3 0.3
63. Wood and cork manufactures 9,8 1.8 8,8 2.8 8,4 3.4 9,2 2.5 8,7 2.1
66. Non-metallic mineral manufactures,n.e.s. 0,6 0.1 0,4 0.1 0,4 0.1 0,6 0.1 0,6 0.1
68. Non-ferrous metals 4,0 0.7 1,9 0.6 4,1 1.6 5,6 1.5 4,6 1.1
7. Machinery,transport equipment 5,2 1.0 2,1 0.7 3,1 1.2 6,7 1.8 4,5 1.1
71. Power generating machinery and equipment 0,1 0.0 0 0.0 0,1 0.0 1,4 0.4 0 0.0
74. General industrial machinery n.e.s. 0,5 0.1 0,1 0.0 0,1 0.0 0,6 0.1 0,1 0.0
77. Electric machinery,n.e.s.and parts 4,7 0.9 2,1 0.6 2,8 1.1 4,8 1.3 4,3 1.0
8. Miscellaneous manufactured articles 2,9 0.5 1,6 0.5 1,4 0.6 1,7 0.4 1,10 0.5
84. Articles of apparel and clothing accessories 1,4 0.2 0,4 0.1 0,4 0.1 0,6 0.1 0,8 0.2
89. Miscellaneous manufactured articles,n.e.s. 0,8 0.1 0,7 0.2 0,7 0.3 0,6 0.1 0,5 0.1
9. Goods not classified elsewhere 29,6 5.5 25,6 8.2 29,2 11.9 35,10 9.7 39,6 9.6
93. Special transactions and commodities not classified 2,8 0.5 1,2 0.4 0,6 0.2 0,5 0.1 1,4 0.3
97. Gold,non-monetary 15,6 2.9 15,0 4.8 14,5 5.9 22,7 6.1 23,10 5.8
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 11,3 2.1 9,4 3.0 14,2 5.8 12,8 3.5 14,3 3.5
0-9. All groups combined 536,9 100.0 311,6 100.0 245,6 100.0 369,3 100.0 411,2 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2020 January - Juli (Sitc)

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