US trade with Ecuador in the 1st quarter of 2017

Published or Updated: Aug 01, 2017

The report on US foreign trade in goods with Ecuador in the 1st quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Ecuador

In the 1st quarter of 2017, US trade with Ecuador totaled $2.9 billion, up 9.38% ($0.2 billion) from the 1st quarter of 2016.

US exports to Ecuador in the 1st quarter of 2017 totaled $1.1 billion, up 12.20% ($0.1 billion) from the 1st quarter of 2016.

US imports from Ecuador in the 1st quarter of 2017 totaled $1.7 billion, up 7.61% ($0.1 billion) from the 1st quarter of 2016.

US trade deficit with Ecuador in the 1st quarter of 2017 was $0.6 billion, a 0.21% decrease ($0.0 billion) over the 1st quarter of 2016.

Ecuador was the US 41st largest trading partner in the 1st quarter of 2017 (down from 39th in the 1st quarter of 2016), accounting for 0.3090% of US total trade (up from 0.3029% in the 1st quarter of 2016).

Ecuador was the US 43rd largest export market in the 1st quarter of 2017 (up from 45th in the 1st quarter of 2016), accounting for 0.3085% of US total exports (up from 0.2948% in the 1st quarter of 2016).

Ecuador was the US 38th largest supplier in the 1st quarter of 2017 (down from 36th in the 1st quarter of 2016), accounting for 0.3093% of US total imports (up from 0.3083% in the 1st quarter of 2016).

US Exports to Ecuador

The major share of US exports to Ecuador in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 45.56% of US total exports to Ecuador (49.08% in the 1st quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 22.09% of US total exports to Ecuador (22.21% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 12.26% of US total exports to Ecuador (10.77% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 7.89% of US total exports to Ecuador (7.98% in the 1st quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 4.04% of US total exports to Ecuador (3.86% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 3.20% of US total exports to Ecuador (1.42% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.15% of US total exports to Ecuador (1.08% in the 1st quarter of 2016).

The largest gains in US exports to Ecuador in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $20.4 million;
  • Plastics and articles thereof (HS code 39) - an increase of $18.7 million;
  • Iron and steel (HS code 72) - an increase of $16.2 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $10.7 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $9.9 million;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $7.0 million;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $7.0 million;
  • Cereals (HS code 10) - an increase of $5.9 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $5.5 million;
  • Fertilizers (HS code 31) - an increase of $4.4 million.

The largest declines in US exports to Ecuador in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Residues and waste from the food industries; prepared animal feed (HS code 23) - a decrease of $12.3 million.
US exports to Ecuador in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q1 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
01 Live animals 853.2 0.07 148.2475.89
02 Meat and edible meat offal 547.9 0.05 672.2-18.49
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,092.1 0.10 418.8160.75
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 202.3 0.02 165.522.23
05 Products of animal origin, not elsewhere specified or included 5,287.9 0.46 2,701.195.77
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 406.2 0.04 209.094.37
07 Edible vegetables and certain roots and tubers 1,660.8 0.14 536.3209.68
08 Edible fruit and nuts; peel of citrus fruit or melons 1,877.7 0.16 2,132.2-11.94
09 Coffee, tea, maté and spices 40.8 0.00 9.4336.08
10 Cereals 24,669.1 2.15 18,735.531.67
11 Products of the milling industry; malt; starches; inulin; wheat gluten 33.6 0.00 60.4-44.43
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 8,383.8 0.73 1,385.7505.02
13 Lac; gums, resins and other vegetable saps and extracts 186.1 0.02 221.6-16.02
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 3.0 0.00 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 244.1 0.02 208.117.33
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 1,661.3 0.14 1,002.865.66
17 Sugars and sugar confectionery 547.5 0.05 454.720.41
18 Cocoa and cocoa preparations 568.1 0.05 1,130.8-49.77
19 Preparations of cereals, flour, starch or milk; bakers’ wares 1,258.7 0.11 640.296.63
20 Preparations of vegetables, fruit, nuts or other parts of plants 425.2 0.04 288.347.51
21 Miscellaneous edible preparations 6,434.6 0.56 4,970.329.46
22 Beverages, spirits and vinegar 2,075.6 0.18 1,216.170.67
23 Residues and waste from the food industries; prepared animal feed 32,230.4 2.80 44,481.2-27.54
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 1,349.5 0.12 888.151.95
26 Ores, slag and ash 0.0 0.00 24.2-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 522,220.6 45.44 501,815.94.07
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 2,653.2 0.23 2,167.422.41
29 Organic chemicals 10,655.8 0.93 8,841.820.52
30 Pharmaceutical products 8,152.0 0.71 7,365.410.68
31 Fertilizers 5,611.4 0.49 1,236.2353.92
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 7,152.7 0.62 6,475.910.45
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 5,531.0 0.48 3,618.152.87
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 6,270.5 0.55 4,875.928.60
35 Albuminoidal substances; modified starches; glues; enzymes 2,681.5 0.23 2,234.520.00
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 929.8 0.08 390.8137.95
37 Photographic or cinematographic goods 2,515.6 0.22 3,989.6-36.95
38 Miscellaneous chemical products 20,218.4 1.76 19,352.24.48
39 Plastics and articles thereof 63,940.5 5.56 45,252.641.30
40 Rubber and articles thereof 4,587.4 0.40 4,546.70.90
41 Raw hides and skins (other than furskins) and leather 4.6 0.00 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 385.1 0.03 426.2-9.64
43 Furskins and artificial fur; manufactures thereof 0.0 0.00 37.5-100.00
44 Wood and articles of wood; wood charcoal 574.6 0.05 422.136.11
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 3.4 0.00 0.0
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 4,152.1 0.36 4,608.1-9.90
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 40,154.5 3.49 33,145.321.15
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,583.5 0.14 1,383.114.49
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 11.2 0.00 0.0
52 Cotton 6,005.3 0.52 5,718.35.02
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 16.8 0.00 10.855.19
54 Man-made filaments 145.6 0.01 131.310.89
55 Man-made staple fibers 255.3 0.02 149.670.68
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 1,261.4 0.11 502.6150.96
57 Carpets and other textile floor coverings 110.7 0.01 138.0-19.78
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 114.3 0.01 109.44.50
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 1,551.3 0.13 1,396.811.06
60 Knitted or crocheted fabrics 131.4 0.01 109.520.04
61 Articles of apparel and clothing accessories, knitted or crocheted 846.5 0.07 858.1-1.35
62 Articles of apparel and clothing accessories, not knitted or crocheted 1,551.3 0.13 996.055.75
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 470.2 0.04 290.861.70
64 Footwear, gaiters and the like; parts of such articles 424.8 0.04 401.65.77
65 Headgear and parts thereof 72.3 0.01 69.14.69
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 7.0 0.00 5.723.09
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 199.1 0.02 148.334.24
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 860.5 0.07 860.20.04
69 Ceramic products 677.4 0.06 286.4136.56
70 Glass and glassware 1,894.4 0.16 1,299.345.80
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 541.0 0.05 370.645.97
72 Iron and steel 17,599.9 1.53 1,380.81,174.63
73 Articles of iron or steel 4,926.1 0.43 3,169.055.45
74 Copper and articles thereof 502.2 0.04 443.713.18
75 Nickel and articles thereof 36.5 0.00 63.6-42.63
76 Aluminum and articles thereof 1,521.6 0.13 1,173.629.65
78 Lead and articles thereof 5,847.7 0.51 3,656.059.95
79 Zinc and articles thereof 354.8 0.03 649.3-45.36
80 Tin and articles thereof 53.3 0.00 43.821.58
81 Other base metals; cermets; articles thereof 25.6 0.00 83.1-69.20
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 4,663.7 0.41 2,795.766.82
83 Miscellaneous articles of base metal 1,301.1 0.11 1,103.917.86
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 119,590.1 10.41 109,685.59.03
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 71,414.7 6.21 60,690.517.67
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 325.0 0.03 383.6-15.26
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 22,396.8 1.95 20,376.79.91
88 Aircraft, spacecraft, and parts thereof 9,575.3 0.83 11,523.1-16.90
89 Ships, boats and floating structures 345.9 0.03 69.9394.58
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 30,280.3 2.63 24,744.522.37
91 Clocks and watches and parts thereof 797.3 0.07 487.063.72
92 Musical instruments; parts and accessories of such articles 717.3 0.06 79.8798.56
93 Arms and ammunition; parts and accessories thereof 0.0 0.00 51.3-100.00
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 2,780.2 0.24 1,909.445.61
95 Toys, games and sports requisites; parts and accessories thereof 958.8 0.08 893.17.36
96 Miscellaneous manufactured articles 1,523.7 0.13 1,130.434.80
97 Works of art, collectors’ pieces and antiques 121.0 0.01 55.4118.17

US Imports from Ecuador

The major share of US imports from Ecuador in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 60.47% of US total imports from Ecuador (51.58% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 30.05% of US total imports from Ecuador (37.74% in the 1st quarter of 2016);
  • Precious metals and stones (HS code 71) - 2.16% of US total imports from Ecuador (5.25% in the 1st quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 1.60% of US total imports from Ecuador (1.09% in the 1st quarter of 2016).

The largest gains in US imports from Ecuador in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $219.4 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $10.2 million;
  • Lead and articles thereof (HS code 78) - an increase of $5.9 million.

The largest declines in US imports from Ecuador in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $60.9 million;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - a decrease of $47.6 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $16.8 million;
  • Sugars and sugar confectionery (HS code 17) - a decrease of $6.5 million.
US imports from Ecuador in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q1 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
01 Live animals 72.9 0.00 117.2-37.80
03 Fish and crustaceans, molluscs and other aquatic invertebrates 164,253.5 9.39 181,030.4-9.27
05 Products of animal origin, not elsewhere specified or included 689.4 0.04 429.860.41
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 104,698.6 5.98 101,437.53.21
07 Edible vegetables and certain roots and tubers 16,782.0 0.96 18,356.5-8.58
08 Edible fruit and nuts; peel of citrus fruit or melons 114,615.9 6.55 175,489.6-34.69
09 Coffee, tea, maté and spices 7,061.1 0.40 6,043.516.84
10 Cereals 707.2 0.04 612.015.56
11 Products of the milling industry; malt; starches; inulin; wheat gluten 197.8 0.01 222.6-11.16
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 262.8 0.02 552.0-52.39
13 Lac; gums, resins and other vegetable saps and extracts 250.1 0.01 49.1408.91
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 19.1 0.00 92.5-79.39
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 1,909.7 0.11 1,725.610.67
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 31,177.6 1.78 27,540.613.21
17 Sugars and sugar confectionery 378.5 0.02 6,890.6-94.51
18 Cocoa and cocoa preparations 55,738.5 3.19 60,303.9-7.57
19 Preparations of cereals, flour, starch or milk; bakers’ wares 1,049.9 0.06 1,137.9-7.74
20 Preparations of vegetables, fruit, nuts or other parts of plants 20,081.0 1.15 23,432.8-14.30
21 Miscellaneous edible preparations 1,669.7 0.10 958.374.24
22 Beverages, spirits and vinegar 602.8 0.03 467.129.06
23 Residues and waste from the food industries; prepared animal feed 3,150.1 0.18 2,196.643.41
24 Tobacco and manufactured tobacco substitutes 442.6 0.03 4,608.6-90.40
26 Ores, slag and ash 45.0 0.00 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 1,058,059.3 60.47 838,670.326.16
29 Organic chemicals 44.6 0.00 8.1450.58
30 Pharmaceutical products 0.0 0.00 5.1-100.00
31 Fertilizers 37.0 0.00 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 162.8 0.01 463.8-64.90
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 167.7 0.01 276.4-39.33
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 20.0 0.00 3.2529.85
38 Miscellaneous chemical products 38.7 0.00 0.0
39 Plastics and articles thereof 4,537.2 0.26 2,557.077.44
40 Rubber and articles thereof 1,977.0 0.11 74.92,539.06
41 Raw hides and skins (other than furskins) and leather 31.7 0.00 93.3-66.03
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 64.2 0.00 23.5173.13
43 Furskins and artificial fur; manufactures thereof 0.0 0.00 14.7-100.00
44 Wood and articles of wood; wood charcoal 27,679.1 1.58 17,526.757.93
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 49.3 0.00 31.556.48
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 177.0 0.01 3.35,217.03
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 99.8 0.01 84.318.42
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 7.3 0.00 3.4117.28
52 Cotton 81.1 0.00 0.0
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 0.0 0.00 92.2-100.00
54 Man-made filaments 95.2 0.01 3.62,572.13
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 20.3 0.00 0.82,503.21
57 Carpets and other textile floor coverings 0.0 0.00 6.4-100.00
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 8.6 0.00 1.1691.76
61 Articles of apparel and clothing accessories, knitted or crocheted 722.3 0.04 729.1-0.93
62 Articles of apparel and clothing accessories, not knitted or crocheted 277.3 0.02 141.895.51
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 128.1 0.01 63.9100.36
64 Footwear, gaiters and the like; parts of such articles 12.5 0.00 1.7642.01
65 Headgear and parts thereof 725.4 0.04 1,301.9-44.28
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 388.5 0.02 205.089.50
69 Ceramic products 1,841.2 0.11 1,471.125.15
70 Glass and glassware 1,699.0 0.10 36.94,504.58
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 37,833.3 2.16 85,404.1-55.70
72 Iron and steel 269.8 0.02 35.1668.72
73 Articles of iron or steel 219.7 0.01 310.3-29.19
74 Copper and articles thereof 148.9 0.01 53.1180.17
75 Nickel and articles thereof 0.0 0.00 14.7-100.00
76 Aluminum and articles thereof 3,292.9 0.19 1,182.8178.40
78 Lead and articles thereof 9,098.3 0.52 3,167.6187.23
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0.0 0.00 58.9-100.00
83 Miscellaneous articles of base metal 213.9 0.01 151.940.78
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,468.8 0.08 2,726.8-46.13
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 4,373.2 0.25 2,377.583.94
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 13.3 0.00 14.5-8.28
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 269.9 0.02 69.2290.27
91 Clocks and watches and parts thereof 0.0 0.00 435.6-100.00
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 740.1 0.04 831.1-10.94
95 Toys, games and sports requisites; parts and accessories thereof 73.9 0.00 33.8118.64
96 Miscellaneous manufactured articles 5.7 0.00 164.4-96.53
97 Works of art, collectors’ pieces and antiques 80.7 0.00 346.5-76.72
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce