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27 September 2024
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Key Indicators
- 8,599,403
- 39,475
- Export Trading Partners204
- 70,218,672
- 857,340
- Import Trading Partners241
Overview
Ecuador Import Trade Overview
Introduction:
Ecuador's diverse economy necessitates a wide array of imports to support its key sectors such as agriculture, manufacturing, and services. This dependency on foreign goods presents significant opportunities for global exporters aiming to enter or expand within the Ecuadorian market.
Economic Overview:
Ecuador's economy is notably reliant on agriculture, petroleum, and aquaculture, with imports critical to supporting its infrastructure, healthcare, and consumer goods sectors. Despite recent economic challenges, efforts are ongoing to diversify the economy, potentially increasing the demand for imported technology and renewable energy solutions.
Political and Regulatory Environment:
The political environment in Ecuador has been historically volatile, influencing economic stability and import policies. Recent changes aim to improve trade regulations and enhance foreign investment, though some bureaucratic hurdles remain, impacting the ease of doing business.
Opportunities and Challenges for Exporters:
Opportunities exist particularly in supplying medical equipment, agricultural machinery, and renewable energy technologies. Challenges include navigating the complex customs procedures and adapting to frequent regulatory changes.
Top 10 Import Products:
- Petroleum oils (HS code: 2709) - For energy and transport.
- Cars (HS code: 8703) - Automotive sector demand.
- Mobile phones (HS code: 8517) - Consumer electronics market.
- Medicaments (HS code: 3004) - Healthcare sector.
- Computers (HS code: 8471) - IT infrastructure.
- Wheat (HS code: 1001) - Food industry.
- Corn (HS code: 1005) - Agriculture sector.
- Electrical machinery (HS code: 8501) - Various applications.
- Plastic articles (HS code: 3926) - Packaging and manufacturing.
- Iron and steel (HS code: 7208) - Construction materials.
Top Buyers:
SERVI - TRACTOR SAS, INTERNATIONAL ROSE BREEDERS, MAQUITODO ECUADOR SA
Solution for Global Exporters:
Global exporters should consider leveraging Volza’s online import data to effectively penetrate Ecuador’s market. This tool offers detailed insights into import trends, regulatory changes, and consumer behavior, enabling exporters to strategically plan and execute their market entry. Accessing Volza can provide a competitive edge in identifying and exploiting new trade opportunities efficiently. Visit Volza for actionable intelligence and support.
Import Database - Factsheet
Data Source- Detailed data
- Data Available From
- 01, Jan, 2016
Data Coverage- 100%
Last Shipment- 30, Jun, 2024
Source : Volza Import Data
Ecuador
Import Data
Import Data
70,218,672 Bill of Ladings, 857,340 Buyers & 39,475 Suppliers
Import
vs
Export
Jan-Dec 2023
Shipments
Data Source: VolzaImport Data
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Reach out to the Ecuador Import market Identify verified and active business partners in Ecuador
Ecuador Import Data
Product | Importers | Suppliers | Arrival Date |
|---|---|---|---|
58% COTTON 39% POLYESTER 3% ELASTANE KNI |   India | 30-04-2024 | |
CYLINDER LINER AS PER INV. | India | 30-04-2024 | |
100% COTTON COATED MENS WOVEN SHIRT | India | 30-04-2024 | |
CYLINDER LINER AS PER INV. | India | 30-04-2024 | |
CYLINDER LINER AS PER INV. | India | 30-04-2024 | |
GST INVOICE NO: 64021082169, SPARE PARTS / ACCESSORIES / COMPONENT | India | 30-04-2024 |
Top 10 Importers
Ecuador Top 10 Importers
Within our Volza database, we possess comprehensive information about over 10 active importers in Ecuador. To assist you in identifying the leading importers in Ecuador, Volza offers an advanced feature that analyzes billions of shipping invoices using more than 20 parameters. Noteworthy among the top 10 importers in Ecuador are companies like INDIAN MOTOS INMOT S A, AYMESA S A , and NEGOCIOS AUTOMOTRICES NEOHYUNDAI. These key players are featured prominently within our extensive database. For a more comprehensive overview, please refer to our table, which outlines the top 10 importers, and explore the additional resources provided below.
Ecuador Top 10 Importers
| Rank | Importers | Shipments |
|---|---|---|
1 | 39,574 | |
2 | 31,262 | |
3 | 24,772 | |
4 | 24,482 | |
5 | 18,717 | |
6 | 12,974 | |
7 | 11,839 | |
8 | 11,293 | |
9 | 9,034 | |
10 | 6,313 |
Data Source : Volza Import Data
Top 9 Import Products
Ecuador Top 9 Import Products
As the Ecuador import data reveals, the nation's top import products for 2024 were prominently characterized by:- Automobile Component: 27.79%
- Bolts With Nuts: 22.95%
- Presenter Box: 15.43%
- Wheelers Component: 14.46%
- Automotive Door: 10.16%
- Metallic Bond: 3.29%
- Bumper Cover: 3.25%
- Locking Plate: 2.27%
- Bicycle Seats: 0.40%
Ecuador Top 9 Import Products
| Rank | Import Products | Shipments |
|---|---|---|
1 | Automobile Component | 4,108,511 |
2 | Bolts With Nuts | 3,392,464 |
3 | PRESENTER BOX | 2,280,631 |
4 | WHEELERS COMPONENT | 2,137,048 |
5 | Automotive Door | 1,502,115 |
6 | Metallic Bond | 485,610 |
7 | Bumper Cover | 480,666 |
8 | Locking Plate | 336,229 |
9 | Bicycle Seats | 58,685 |
Data Source : Volza Import Data
Trading Partners
Top Trading Partners of Ecuador
Import Trading Partners
Export Trading Partners
Top 1 Import Trading Partners
Ecuador Top 1 Import Trading Partners
Ecuador trade data from 2024 highlights the nation's top 1 import partners as follows: INDIA (USD 512,152).
The growth rates for the leading three importers were as follows: India at 100.00% .
Trade balance analysis reveals that Ecuador had a trade deficit with both Iran and China. Specifically, the deficit amounted to USD 300 million with Iran and USD 150 million with China in that year. Ecuador import statistics show that the country's top 1 import partners in 2024 collectively contributed 87.2% to the overall value of import shipments. Furthermore, Ecuador’s major imports from India include PRESENTER BOX, Automobile Component, Bolts With Nuts, WHEELERS COMPONENT, Locking Plate, Automotive Door, Metallic Bond, Bumper Cover, Bicycle Seats, products. The provided chart below breaks down the values in percentile of Ecuador’s top 1 import partners for 2024.
Ecuador Top 1 Import Trading Partners
| Rank | Import Trading Partners | Shipments |
|---|
Data Source : Volza Import Data
Import Data Sample record
Ecuador Import Data Sample record
Ecuador import data covers all important shipping details that are essential for businesses to find importers in Ecuador, analyze market trends and identify potential industries. Ecuador trade data contains customs-based details including Date, Importer Name, HS Code, HS Code Description, Commercial Description, Gross Weight, Net Weight, Total Value USD and Origin Country. View Ecuador import data sample with complete number of fields available in data.
Ecuador Import Data Sample record
Wine of fresh grapes, including fortified wines; grape must other than that of heading 2009
- Date:
- 30 Apr 2024
- HS Code:
- 61051010
- Quantity:
- 59
- Quantity Unit:
- PCS
- Value FC:
- 283.2
- Value:
- HS Descirption:
- Men's or boys' shirts, knitted or crocheted
- Exporter:
- TEXPORT SYNDICATE INDIA LTD
- Importer:
- BLUE STAR IMPORT L P
Data Source : Volza Import Data
Ecuador Import Fields
S.No | Data Fields |
|---|---|
1 | |
2 | |
3 | |
4 | |
5 | |
6 | |
7 | |
8 | |
9 |
Total 72 Fields
Data Source : Volza Import Data
Top 10 Import Ports
Ecuador Top 10 Import Ports
Ecuador's global import trade operates through over 10 ports. Guayaquil stands as the predominant port, handling 436,798 import shipments, which constitutes a 85.67% market share. Quito follows with an 10.31% share, accounting for 52,574 shipments, while Tanjung Pelepas contributes a 1.13% market share with its 5,759 shipments. For detailed import trade statistics of each port in Ecuador, refer to the provided links below. Collectively, these ports underscore the integrated nature of Ecuador's trade infrastructure. As the trade data indicates, these crucial import ports facilitate the consistent delivery of essential goods across Ecuador.
Ecuador Top 10 Import Ports
| Rank | Importers | Count |
|---|
Data Source : Volza Import Data
Import Bill of Lading
- Import Shipments of Ecuador
- 70,218,672
- Date
- 30-04-2024
- Shipper Name
- BLUE STAR IMPORT L P
- Consignee Name
- TEXPORT SYNDICATE INDIA LTD
- Weight Unit
- PCS
- Quantity
- 59
- Shipment Origin
- India
- Port of origin
- Madras Sea