US trade with Ecuador in the 4th quarter of 2017

Published or Updated: Jun 08, 2018

The report on US foreign trade in goods with Ecuador in the 4th quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Ecuador

In the 4th quarter of 2017, US trade with Ecuador totaled $3.2 billion, up 12.85% ($0.4 billion) from the 4th quarter of 2016.

US exports to Ecuador in the 4th quarter of 2017 totaled $1.4 billion, up 22.33% ($0.3 billion) from the 4th quarter of 2016.

US imports from Ecuador in the 4th quarter of 2017 totaled $1.8 billion, up 6.16% ($0.1 billion) from the 4th quarter of 2016.

US trade deficit with Ecuador in the 4th quarter of 2017 was $0.3 billion, a 32.39% decrease ($0.2 billion) over the 4th quarter of 2016.

Ecuador was the US 42nd largest trading partner in the 4th quarter of 2017 (down from 40th in the 4th quarter of 2016), accounting for 0.3063% of US total trade (up from 0.2944% in the 4th quarter of 2016).

Ecuador was the US 39th largest export market in the 4th quarter of 2017 (up from 43rd in the 4th quarter of 2016), accounting for 0.3513% of US total exports (up from 0.3090% in the 4th quarter of 2016).

Ecuador was the US 42nd largest supplier in the 4th quarter of 2017 (down from 39th in the 4th quarter of 2016), accounting for 0.2775% of US total imports (down from 0.2849% in the 4th quarter of 2016).

US Exports to Ecuador

The major share of US exports to Ecuador in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 50.88% of US total exports to Ecuador (48.47% in the 4th quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 23.68% of US total exports to Ecuador (24.11% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 10.47% of US total exports to Ecuador (11.97% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 5.14% of US total exports to Ecuador (4.88% in the 4th quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 3.32% of US total exports to Ecuador (3.43% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.22% of US total exports to Ecuador (2.40% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.01% of US total exports to Ecuador (1.08% in the 4th quarter of 2016).

The largest gains in US exports to Ecuador in the 4th quarter of 2017 over the 4th 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 $161.1 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $27.2 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 $21.6 million;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - an increase of $6.0 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $5.6 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $4.5 million;
  • Lead and articles thereof (HS code 78) - an increase of $4.4 million.

The largest declines in US exports to Ecuador in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • No product groups with a substantial decrease.
US exports to Ecuador in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q4 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
01 Live animals 514.8 0.04 175.1194.03
02 Meat and edible meat offal 1,064.9 0.07 385.9175.92
03 Fish and crustaceans, molluscs and other aquatic invertebrates 421.5 0.03 1,102.7-61.78
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 221.6 0.02 218.51.43
05 Products of animal origin, not elsewhere specified or included 6,779.4 0.47 4,029.068.27
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 278.2 0.02 98.5182.46
07 Edible vegetables and certain roots and tubers 868.7 0.06 461.688.20
08 Edible fruit and nuts; peel of citrus fruit or melons 5,214.6 0.36 2,380.6119.04
09 Coffee, tea, maté and spices 155.3 0.01 38.8299.87
10 Cereals 10,520.5 0.73 10,147.93.67
11 Products of the milling industry; malt; starches; inulin; wheat gluten 87.6 0.01 15.8453.99
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 1,792.5 0.13 1,486.020.63
13 Lac; gums, resins and other vegetable saps and extracts 362.8 0.03 424.9-14.61
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 2.9 0.00 5.8-48.85
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 366.8 0.03 384.0-4.47
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 653.8 0.05 1,255.0-47.91
17 Sugars and sugar confectionery 806.9 0.06 649.224.30
18 Cocoa and cocoa preparations 2,245.1 0.16 1,685.333.22
19 Preparations of cereals, flour, starch or milk; bakers’ wares 1,970.0 0.14 889.3121.52
20 Preparations of vegetables, fruit, nuts or other parts of plants 958.2 0.07 530.780.56
21 Miscellaneous edible preparations 7,259.5 0.51 5,850.724.08
22 Beverages, spirits and vinegar 1,278.6 0.09 1,229.24.02
23 Residues and waste from the food industries; prepared animal feed 29,725.9 2.08 23,689.125.48
24 Tobacco and manufactured tobacco substitutes 13.2 0.00 0.0
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 1,369.2 0.10 1,381.5-0.89
26 Ores, slag and ash 6.4 0.00 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 727,020.0 50.78 565,885.028.47
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 2,809.1 0.20 2,654.85.81
29 Organic chemicals 15,238.1 1.06 16,044.8-5.03
30 Pharmaceutical products 7,700.4 0.54 9,312.7-17.31
31 Fertilizers 7,590.7 0.53 3,564.9112.93
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 8,622.2 0.60 8,323.83.58
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 5,228.7 0.37 5,449.9-4.06
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 5,878.1 0.41 6,001.3-2.05
35 Albuminoidal substances; modified starches; glues; enzymes 3,068.9 0.21 3,051.80.56
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 490.1 0.03 895.7-45.28
37 Photographic or cinematographic goods 1,756.4 0.12 2,601.3-32.48
38 Miscellaneous chemical products 23,776.4 1.66 19,283.723.30
39 Plastics and articles thereof 62,691.7 4.38 59,307.05.71
40 Rubber and articles thereof 5,074.9 0.35 3,540.843.33
41 Raw hides and skins (other than furskins) and leather 18.8 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) 990.5 0.07 1,344.9-26.35
43 Furskins and artificial fur; manufactures thereof 30.0 0.00 18.661.26
44 Wood and articles of wood; wood charcoal 309.1 0.02 398.3-22.40
45 Cork and articles of cork 4.0 0.00 0.0
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 3.5 0.00 3.6-2.37
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 7,327.8 0.51 4,867.950.53
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 38,467.4 2.69 34,251.212.31
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,485.8 0.10 653.6127.31
50 Silk 5.3 0.00 0.0
52 Cotton 5,928.1 0.41 6,480.3-8.52
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 12.2 0.00 9.330.74
54 Man-made filaments 273.5 0.02 123.3121.75
55 Man-made staple fibers 35.4 0.00 86.9-59.25
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 1,172.2 0.08 653.179.48
57 Carpets and other textile floor coverings 195.7 0.01 132.547.62
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 73.3 0.01 102.1-28.15
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 1,856.3 0.13 1,357.536.74
60 Knitted or crocheted fabrics 172.3 0.01 117.946.18
61 Articles of apparel and clothing accessories, knitted or crocheted 1,857.6 0.13 1,304.642.39
62 Articles of apparel and clothing accessories, not knitted or crocheted 1,627.4 0.11 1,465.611.04
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 647.2 0.05 174.3271.33
64 Footwear, gaiters and the like; parts of such articles 473.5 0.03 385.322.87
65 Headgear and parts thereof 42.4 0.00 25.765.25
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 0.0 0.00 48.2-100.00
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 103.0 0.01 120.1-14.24
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 917.3 0.06 1,092.2-16.01
69 Ceramic products 591.0 0.04 679.6-13.04
70 Glass and glassware 1,250.9 0.09 1,448.8-13.66
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,075.5 0.08 1,283.1-16.18
72 Iron and steel 9,350.2 0.65 9,575.8-2.36
73 Articles of iron or steel 4,906.0 0.34 5,814.3-15.62
74 Copper and articles thereof 577.6 0.04 626.2-7.76
75 Nickel and articles thereof 54.5 0.00 197.3-72.38
76 Aluminum and articles thereof 2,296.1 0.16 2,135.57.52
78 Lead and articles thereof 8,362.4 0.58 3,942.7112.10
79 Zinc and articles thereof 197.3 0.01 526.9-62.55
80 Tin and articles thereof 247.7 0.02 27.8790.85
81 Other base metals; cermets; articles thereof 87.3 0.01 98.5-11.45
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 4,323.1 0.30 3,978.98.65
83 Miscellaneous articles of base metal 1,363.7 0.10 1,184.415.13
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 145,657.6 10.17 118,474.822.94
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 107,357.1 7.50 85,797.125.13
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 1,017.1 0.07 159.7536.84
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 39,434.7 2.75 35,462.211.20
88 Aircraft, spacecraft, and parts thereof 11,005.7 0.77 13,947.4-21.09
89 Ships, boats and floating structures 978.2 0.07 443.7120.47
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 33,523.4 2.34 27,889.720.20
91 Clocks and watches and parts thereof 1,544.8 0.11 1,156.133.62
92 Musical instruments; parts and accessories of such articles 413.8 0.03 145.8183.89
93 Arms and ammunition; parts and accessories thereof 70.4 0.00 35.399.56
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 2,063.8 0.14 2,722.7-24.20
95 Toys, games and sports requisites; parts and accessories thereof 2,749.1 0.19 1,719.559.88
96 Miscellaneous manufactured articles 1,530.0 0.11 1,047.146.13
97 Works of art, collectors’ pieces and antiques 184.0 0.01 291.5-36.88
99 Commodities not specified according to kind 33,497.1 2.34 29,864.012.17

US Imports from Ecuador

The major share of US imports from Ecuador in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 61.68% of US total imports from Ecuador (56.19% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 28.99% of US total imports from Ecuador (33.57% in the 4th quarter of 2016);
  • Precious metals and stones (HS code 71) - 2.13% of US total imports from Ecuador (3.40% in the 4th quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 1.30% of US total imports from Ecuador (1.56% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 1.04% of US total imports from Ecuador (0.58% in the 4th quarter of 2016).

The largest gains in US imports from Ecuador in the 4th quarter of 2017 over the 4th 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 $154.5 million;
  • Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates (HS code 16) - an increase of $9.8 million;
  • Sugars and sugar confectionery (HS code 17) - an increase of $9.5 million.

The largest declines in US imports from Ecuador in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Cocoa and cocoa preparations (HS code 18) - a decrease of $39.3 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 $18.9 million;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $18.8 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $10.2 million.
US imports from Ecuador in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q4 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
01 Live animals 111.5 0.01 85.330.74
03 Fish and crustaceans, molluscs and other aquatic invertebrates 161,290.2 9.15 171,487.1-5.95
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 14.3 0.00 0.0
05 Products of animal origin, not elsewhere specified or included 1,134.2 0.06 750.951.04
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 64,352.1 3.65 64,084.30.42
07 Edible vegetables and certain roots and tubers 22,863.2 1.30 21,077.38.47
08 Edible fruit and nuts; peel of citrus fruit or melons 147,251.0 8.35 166,056.5-11.32
09 Coffee, tea, maté and spices 5,363.9 0.30 7,120.6-24.67
10 Cereals 429.5 0.02 280.353.19
11 Products of the milling industry; malt; starches; inulin; wheat gluten 180.7 0.01 184.7-2.19
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 482.0 0.03 442.48.94
13 Lac; gums, resins and other vegetable saps and extracts 12.0 0.00 87.0-86.21
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 90.3 0.01 54.565.57
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 2,204.8 0.13 2,277.7-3.20
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 38,471.7 2.18 28,685.134.12
17 Sugars and sugar confectionery 10,104.5 0.57 581.01,639.25
18 Cocoa and cocoa preparations 21,801.0 1.24 61,098.0-64.32
19 Preparations of cereals, flour, starch or milk; bakers’ wares 1,144.8 0.06 1,200.2-4.62
20 Preparations of vegetables, fruit, nuts or other parts of plants 31,083.2 1.76 26,687.516.47
21 Miscellaneous edible preparations 761.7 0.04 1,165.2-34.63
22 Beverages, spirits and vinegar 753.3 0.04 510.847.47
23 Residues and waste from the food industries; prepared animal feed 1,137.9 0.06 2,832.1-59.82
24 Tobacco and manufactured tobacco substitutes 118.2 0.01 766.5-84.58
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 23.1-100.00
26 Ores, slag and ash 0.0 0.00 36.2-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 1,087,711.1 61.68 933,253.716.55
29 Organic chemicals 63.8 0.00 41.354.57
30 Pharmaceutical products 0.0 0.00 6.5-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 113.1 0.01 168.1-32.75
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 445.0 0.03 306.745.09
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 0.0 0.00 13.0-100.00
35 Albuminoidal substances; modified starches; glues; enzymes 35.3 0.00 0.0
38 Miscellaneous chemical products 25.7 0.00 25.41.14
39 Plastics and articles thereof 5,162.5 0.29 4,893.75.49
40 Rubber and articles thereof 3,838.8 0.22 842.1355.85
41 Raw hides and skins (other than furskins) and leather 41.9 0.00 63.9-34.34
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 71.8 0.00 62.714.53
43 Furskins and artificial fur; manufactures thereof 44.9 0.00 29.552.06
44 Wood and articles of wood; wood charcoal 22,697.5 1.29 25,868.0-12.26
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 21.9 0.00 24.7-11.36
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 111.9 0.01 41.2171.42
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 89.3 0.01 45.596.29
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 1.1 0.00 0.0
52 Cotton 43.3 0.00 0.94,760.00
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 0.0 0.00 61.7-100.00
54 Man-made filaments 0.0 0.00 1.2-100.00
55 Man-made staple fibers 0.0 0.00 29.4-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.4 0.00 0.8-49.26
57 Carpets and other textile floor coverings 6.8 0.00 0.0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0.7 0.00 9.8-92.95
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.0 0.00 1.2-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 800.8 0.05 977.6-18.08
62 Articles of apparel and clothing accessories, not knitted or crocheted 452.6 0.03 348.030.05
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 392.2 0.02 263.548.87
64 Footwear, gaiters and the like; parts of such articles 27.5 0.00 22.920.09
65 Headgear and parts thereof 612.7 0.03 1,030.3-40.53
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 2.9 0.00 1.0197.02
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 109.2 0.01 199.6-45.31
69 Ceramic products 2,219.1 0.13 1,719.429.07
70 Glass and glassware 34.3 0.00 2,059.7-98.34
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 37,594.8 2.13 56,543.0-33.51
72 Iron and steel 406.8 0.02 0.0
73 Articles of iron or steel 227.5 0.01 357.7-36.39
74 Copper and articles thereof 404.6 0.02 380.26.41
76 Aluminum and articles thereof 7,058.9 0.40 2,570.3174.64
78 Lead and articles thereof 9,807.5 0.56 6,092.460.98
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 128.1 0.01 9.01,322.35
83 Miscellaneous articles of base metal 300.1 0.02 203.747.32
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,848.2 0.10 679.9171.82
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 6,550.8 0.37 3,998.763.82
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 14.6 0.00 21.4-31.87
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 272.0 0.02 92.4194.26
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 518.8 0.03 670.3-22.60
95 Toys, games and sports requisites; parts and accessories thereof 122.9 0.01 68.180.56
96 Miscellaneous manufactured articles 77.9 0.00 80.3-2.99
97 Works of art, collectors’ pieces and antiques 119.7 0.01 106.212.72
99 Commodities not specified according to kind 61,596.8 3.49 59,130.04.17
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce