Trade in goods with USA SITC (Standard International Trade Classification)
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Ecuador trade flows with USA by SITC*) product sections during 2022/6 - 2022/10

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


Share of USA's2022/6
%
2022/7
%
2022/8
%
2022/9
%
2022/10
%
Export0.4 0.4 0.4 0.3 0.4
Import0.4 0.3 0.3 0.4 0.3
Trade in Goods0.4 0.3 0.3 0.4 0.3

USA's foreign trade with Ecuador, exports to Ecuador and imports from Ecuador in October 2022


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 October Ecuador was USA's 40. most important foreign trade partner. Weakening from the previous month was 2 places. Amounting trade to worth of $1.5 billion was 25.9 per cent bigger than in October of the previous year. In October the trade balance with Ecuador was $73 million in deficit for United States of America.

The value of imports from Ecuador was 21.2 per cent higher than in October of the previous year, thus amounting to $778 million. Major product categories of imports from Ecuador were Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude), representing 42.3 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) 13.8 % and 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) 11.0 % of the imports.

The value of exports to Ecuador were 31.6 percent higher than in October of the previous year, thus amounting to $705 million. 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 59.5 per cent of total exports, Sitc342 (liquefied propane and butane) 4.6 % and Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76) 2.5 % of the exports.

Significant increase in trade in goods in early 2022

During January-October, trade in goods with Ecuador has grown faster than USA's trade in goods with the rest of the world. During this year trade in goods between countries was significantly higher than in January-October of the previous year. Growth was as high as 41.8 per cent and the value of the trade increased to $15.0 billion. During January-October the value of imports was $8.7 billion. The export value was $6.3 billion. Compared to the corresponding period of the previous year, the value of imports increased by 32.2 % and the value of exports by 57.6 %. The largest product group in terms of imports has been Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude), worth $4.3 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 $2.6 billion. From USA's point of view, the trade balance between the countries in January-October remained in deficit. The trade deficit was $2.4 billion. The trade deficit narrowed compared to the corresponding period in 2021. At that time, the deficit was $2.6 billion.


Table: USA's export to Ecuador (EC) during 2022/6 - 2022/10

2022 / 62022 / 72022 / 82022 / 92022 / 10
million $%million $%million $%million $%million $%
0. Food and live animals 70.3 10.5 55.7 8.5 100.6 15.6 58.8 10.4 30.0 4.3
01. Meat and meat preparations 0.4 0.1 0.7 0.1 0.9 0.1 0.7 0.1 0.8 0.1
02. Dairy products and birds' eggs 0.4 0.1 0.4 0.1 0.5 0.1 0.4 0.1 0.3 0.0
03. Fish and fish preparations 0.5 0.1 0.6 0.1 0.9 0.1 2.6 0.5 0.5 0.1
04. Cereals and cereal preparations 24.7 3.7 1.4 0.2 43.5 6.7 21.8 3.9 15.7 2.2
05. Vegetables and fruit 0.6 0.1 1.4 0.2 1.7 0.3 2.4 0.4 1.5 0.2
06. Sugars,sugar preparations and honey 0.3 0.0 0.5 0.1 0.6 0.1 0.3 0.1 0.6 0.1
07. Coffee,tea,cocoa,spices 0.5 0.1 0.7 0.1 1.5 0.2 1.4 0.2 0.7 0.1
08. Feeding stuff for animals 40.9 6.1 46.5 7.1 47.0 7.3 26.6 4.7 7.4 1.1
09. Miscellaneous edible products and preparations 2.0 0.3 3.3 0.5 3.9 0.6 2.7 0.5 2.2 0.3
1. Beverages and tobacco 1.4 0.2 1.3 0.2 2.2 0.3 2.9 0.5 1.6 0.2
11. Beverages 1.4 0.2 1.3 0.2 2.2 0.3 2.8 0.5 1.5 0.2
2. Crude materials,inedible,except fuels 13.3 2.0 12.9 2.0 10.9 1.7 35.1 6.2 9.4 1.3
22. Oil seeds,oleaginous fruits 00 0.1 0.0 00 16.0 2.8 0.0 0.0
23. Crude rubber (incl.synthetic) 0.8 0.1 1.0 0.2 0.9 0.1 1.2 0.2 1.0 0.1
25. Pulp and waste paper 6.1 0.9 4.2 0.7 4.0 0.6 1.9 0.3 1.7 0.2
26. Textile fibres and their wastes 4.2 0.6 4.1 0.6 3.5 0.5 1.5 0.3 2.9 0.4
27. Crude fertilizers and crude minerals 0.5 0.1 0.4 0.1 0.7 0.1 0.6 0.1 0.5 0.1
28. Metalliferous ores and metal scrap 0.6 0.1 0.5 0.1 0.5 0.1 11.0 2.0 0.8 0.1
29. Crude animal,vegetable materials n.e.s. 1.2 0.2 2.7 0.4 1.4 0.2 2.7 0.5 2.4 0.3
3. Mineral fuels etc 357.6 53.5 355.3 54.5 291.6 45.1 246.1 43.5 453.0 64.3
32. Coal,coke and briquettes 00 0.0 0.0 2.2 0.3 00 00
33. Petroleum and products 287.5 43.0 268.7 41.2 227.8 35.2 188.5 33.3 420.5 59.6
34. Gas,natural and manufactured 70.1 10.5 86.6 13.3 61.7 9.5 57.6 10.2 32.5 4.6
4. Animal and vegetable oils and fats 0.4 0.1 0.4 0.1 0.4 0.1 0.7 0.1 0.9 0.1
43. Processed animal or vegetable oils,etc. 0.3 0.0 0.4 0.1 0.3 0.1 0.6 0.1 0.8 0.1
5. Chemicals and related products,n.e.s. 58.4 8.7 56.0 8.6 57.0 8.8 52.9 9.4 54.3 7.7
51. Organic chemicals 4.5 0.7 3.6 0.5 3.4 0.5 7.1 1.2 3.8 0.5
52. Inorganic chemicals 1.9 0.3 1.0 0.2 3.0 0.5 1.9 0.3 0.9 0.1
53. Dyeing,tanning and colouring material 2.5 0.4 2.3 0.3 2.1 0.3 2.4 0.4 1.7 0.2
54. Medicinal and pharmaceutical products 5.0 0.7 3.0 0.5 4.1 0.6 3.5 0.6 4.5 0.6
55. Perfume,cleaning etc.preparations 3.4 0.5 3.6 0.6 5.2 0.8 3.2 0.6 3.3 0.5
56. Fertilizers,manufactured 3.9 0.6 2.4 0.4 1.1 0.2 6.4 1.1 6.2 0.9
57. Plastics in primary forms 27.2 4.1 26.9 4.1 26.5 4.1 15.6 2.8 22.1 3.1
58. Plastics in non-primary forms 0.9 0.1 1.0 0.1 0.8 0.1 0.7 0.1 1.5 0.2
59. Chemical materials and products,n.e.s. 9.2 1.4 12.3 1.9 10.8 1.7 12.2 2.2 10.3 1.5
6. Basic manufactures 47.2 7.1 32.9 5.0 31.3 4.8 32.1 5.7 13.3 1.9
62. Rubber manufactures,n.e.s. 1.3 0.2 1.1 0.2 0.8 0.1 1.2 0.2 1.5 0.2
64. Paper,paperboard and articles thereof 37.1 5.6 24.3 3.7 22.1 3.4 22.6 4.0 5.0 0.7
65. Textile yarn,fabrics,made up articles,etc. 0.9 0.1 1.3 0.2 1.2 0.2 1.9 0.3 0.7 0.1
66. Non-metallic mineral manufactures,n.e.s. 0.6 0.1 0.9 0.1 0.6 0.1 0.7 0.1 0.7 0.1
67. Iron and steel 0.8 0.1 0.9 0.1 0.8 0.1 0.8 0.1 0.7 0.1
68. Non-ferrous metals 1.3 0.2 0.8 0.1 0.5 0.1 0.8 0.1 0.8 0.1
69. Manufactures of metals,n.e.s. 5.1 0.8 3.6 0.6 5.1 0.8 4.0 0.7 3.7 0.5
7. Machinery,transport equipment 88.8 13.3 104.0 16.0 117.3 18.1 103.9 18.4 104.1 14.8
71. Power generating machinery and equipment 3.3 0.5 4.8 0.7 7.5 1.2 4.9 0.9 3.6 0.5
72. Machinery for specialized industries 7.8 1.2 13.4 2.1 13.2 2.0 10.9 1.9 12.7 1.8
73. Metal working machinery 1.4 0.2 0.9 0.1 0.7 0.1 0.9 0.2 0.6 0.1
74. General industrial machinery n.e.s. 13.4 2.0 19.4 3.0 18.5 2.9 16.0 2.8 14.4 2.0
75. Office machines and adp machines 14.3 2.1 19.6 3.0 18.4 2.8 18.4 3.3 22.4 3.2
76. Telecommunications and sound recording equipment 19.1 2.8 21.4 3.3 21.8 3.4 15.7 2.8 19.0 2.7
77. Electric machinery,n.e.s.and parts 13.8 2.1 13.6 2.1 17.4 2.7 14.2 2.5 15.6 2.2
78. Road vehicles 13.3 2.0 6.5 1.0 9.2 1.4 13.7 2.4 11.9 1.7
79. Other transport equipment 2.5 0.4 4.3 0.7 10.7 1.7 9.0 1.6 3.8 0.5
8. Miscellaneous manufactured articles 16.3 2.4 17.6 2.7 17.9 2.8 18.9 3.3 21.2 3.0
82. Furniture and parts thereof 0.6 0.1 0.5 0.1 0.5 0.1 0.7 0.1 1.9 0.3
84. Articles of apparel and clothing accessories 0.9 0.1 1.7 0.3 1.9 0.3 1.6 0.3 3.2 0.5
87. Instruments and apparates n.e.s. 7.3 1.1 8.2 1.3 8.7 1.3 9.0 1.6 8.3 1.2
88. Photographic equipment,optical goods etc. 1.3 0.2 1.1 0.2 1.1 0.2 1.8 0.3 1.6 0.2
89. Miscellaneous manufactured articles,n.e.s. 5.8 0.9 5.8 0.9 5.4 0.8 5.5 1.0 5.8 0.8
9. Goods not classified elsewhere 15.3 2.3 15.4 2.4 17.3 2.7 14.1 2.5 17.4 2.5
93. Special transactions and commodities not classified 0.1 0.0 0.5 0.1 1.7 0.3 0.4 0.1 0.1 0.0
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 15.2 2.3 15.0 2.3 15.7 2.4 13.6 2.4 17.3 2.4
0-9. All groups combined 669.0 100.0 651.5 100.0 646.6 100.0 565.4 100.0 705.0 100.0

Source: US Census Bureau

Table: Import from Ecuador (EC) to USA during 2022/6 - 2022/10

2022 / 62022 / 72022 / 82022 / 92022 / 10
million $%million $%million $%million $%million $%
0. Food and live animals 250.3 24.4 254.9 31.7 222.7 24.8 203.5 18.6 247.1 31.8
03. Fish and fish preparations 174.1 17.0 176.2 21.9 153.1 17.0 137.8 12.6 143.3 18.4
04. Cereals and cereal preparations 0.9 0.1 0.7 0.1 0.9 0.1 2.0 0.2 1.6 0.2
05. Vegetables and fruit 55.4 5.4 58.3 7.2 50.8 5.7 48.9 4.5 66.2 8.5
06. Sugars,sugar preparations and honey 0.3 0.0 1.2 0.1 0.2 0.0 0.2 0.0 10.6 1.4
07. Coffee,tea,cocoa,spices 17.6 1.7 17.7 2.2 15.6 1.7 11.4 1.0 22.7 2.9
08. Feeding stuff for animals 0.7 0.1 0.0 0.0 0.5 0.1 1.9 0.2 1.2 0.2
09. Miscellaneous edible products and preparations 1.2 0.1 0.8 0.1 1.4 0.2 1.4 0.1 1.4 0.2
1. Beverages and tobacco 1.0 0.1 0.3 0.0 0.4 0.0 0.3 0.0 0.6 0.1
12. Tobacco and tobacco manufactures 0.5 0.1 0.1 0.0 0.1 0.0 0.0 0.0 0.4 0.0
2. Crude materials,inedible,except fuels 29.0 2.8 31.1 3.9 29.0 3.2 32.8 3.0 39.2 5.0
24. Cork and wood 0.4 0.0 0.6 0.1 0.4 0.0 0.2 0.0 0.4 0.0
29. Crude animal,vegetable materials n.e.s. 28.3 2.8 30.1 3.7 28.5 3.2 32.3 3.0 38.4 4.9
3. Mineral fuels etc 656.6 64.0 434.6 54.0 559.2 62.3 760.1 69.5 414.9 53.3
33. Petroleum and products 656.6 64.0 434.6 54.0 559.2 62.3 760.1 69.5 414.9 53.3
4. Animal and vegetable oils and fats 1.7 0.2 1.1 0.1 12.0 1.3 1.3 0.1 1.2 0.2
42. Fixed vegetable fats and oils 1.7 0.2 1.1 0.1 12.0 1.3 1.3 0.1 1.2 0.2
5. Chemicals and related products,n.e.s. 3.6 0.3 3.5 0.4 2.5 0.3 3.4 0.3 1.9 0.2
55. Perfume,cleaning etc.preparations 0.1 0.0 0.1 0.0 0.1 0.0 0.7 0.1 0.1 0.0
57. Plastics in primary forms 2.9 0.3 2.7 0.3 1.8 0.2 2.0 0.2 1.1 0.1
59. Chemical materials and products,n.e.s. 0.4 0.0 0.3 0.0 0.2 0.0 0.6 0.1 0.4 0.1
6. Basic manufactures 28.7 2.8 23.0 2.9 19.7 2.2 23.0 2.1 23.3 3.0
62. Rubber manufactures,n.e.s. 2.8 0.3 1.9 0.2 1.2 0.1 2.4 0.2 2.4 0.3
63. Wood and cork manufactures 11.7 1.1 9.6 1.2 9.4 1.0 9.8 0.9 10.4 1.3
65. Textile yarn,fabrics,made up articles,etc. 0.6 0.1 0.7 0.1 0.5 0.1 0.6 0.1 0.5 0.1
66. Non-metallic mineral manufactures,n.e.s. 0.6 0.1 0.9 0.1 0.8 0.1 1.1 0.1 1.3 0.2
68. Non-ferrous metals 10.8 1.1 8.4 1.0 6.4 0.7 8.0 0.7 7.5 1.0
69. Manufactures of metals,n.e.s. 1.9 0.2 1.4 0.2 1.3 0.1 0.9 0.1 1.0 0.1
7. Machinery,transport equipment 7.5 0.7 6.2 0.8 6.7 0.7 8.4 0.8 5.8 0.7
71. Power generating machinery and equipment 0.5 0.1 0.0 0.0 0.2 0.0 0.5 0.0 0.0 0.0
74. General industrial machinery n.e.s. 0.5 0.1 1.3 0.2 0.8 0.1 1.5 0.1 0.5 0.1
77. Electric machinery,n.e.s.and parts 6.3 0.6 4.8 0.6 5.5 0.6 6.3 0.6 5.2 0.7
8. Miscellaneous manufactured articles 3.9 0.4 4.3 0.5 4.1 0.5 4.9 0.4 3.6 0.5
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0.9 0.1 0.8 0.1 0.3 0.0 0.9 0.1 0.3 0.0
82. Furniture and parts thereof 0.4 0.0 0.5 0.1 0.5 0.1 1.0 0.1 0.6 0.1
84. Articles of apparel and clothing accessories 0.8 0.1 0.8 0.1 1.0 0.1 1.2 0.1 0.9 0.1
89. Miscellaneous manufactured articles,n.e.s. 1.7 0.2 1.6 0.2 1.8 0.2 1.3 0.1 1.6 0.2
9. Goods not classified elsewhere 44.4 4.3 46.1 5.7 41.8 4.7 56.4 5.2 40.2 5.2
93. Special transactions and commodities not classified 1.9 0.2 3.1 0.4 3.7 0.4 8.2 0.8 1.4 0.2
97. Gold,non-monetary 21.3 2.1 22.5 2.8 23.0 2.6 26.2 2.4 17.7 2.3
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 21.2 2.1 20.5 2.5 15.2 1.7 21.9 2.0 21.1 2.7
0-9. All groups combined 1,026.6 100.0 805.1 100.0 898.0 100.0 1,094.0 100.0 777.9 100.0

Source: US Census Bureau

Year level (Sitc)

The amount realized in the beginning of 2022 (Sitc)


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