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As of 2023, Ecuador's total merchandise exports were valued at approximately **\$34.54 billion**, reflecting a 3.76% decline from the previous year. The country's export economy is diverse, encompassing petroleum products, seafood, agricultural commodities, and precious metals.([Macrotrends][1]) ### 🇪🇨 Top 20 Export Products of Ecuador (2023) | Rank | Product Category | Export Value (USD) | Share of Total Exports | | | ---- | ------------------------------------------------------ | ------------------ | ---------------------- | --------------------------------------------------------------------- | | 1 | Crude Petroleum (HS 2709) | \$7.82 billion | 22.6% | | | 2 | Frozen Shrimp and Prawns (HS 0306) | \$7.21 billion | 20.9% | | | 3 | Bananas and Plantains (HS 0803) | \$3.78 billion | 11.0% | | | 4 | Gold (Unwrought or Semi-Manufactured) (HS 7108) | \$1.39 billion | 4.0% | | | 5 | Prepared or Preserved Fish (HS 1604) | \$1.32 billion | 3.8% | | | 6 | Copper Ores and Concentrates (HS 2603) | \$1.23 billion | 3.6% | | | 7 | Cocoa Beans (HS 1801) | \$1.17 billion | 3.4% | | | 8 | Refined Petroleum Products (HS 2710) | \$1.12 billion | 3.2% | | | 9 | Cut Flowers and Ornamental Foliage (HS 0603) | \$1.00 billion | 2.9% | | | 10 | Wood and Articles of Wood (HS 44) | \$533 million | 1.5% | | | 11 | Prepared or Preserved Vegetables, Fruits, Nuts (HS 20) | \$319 million | 0.9% | | | 12 | Coffee (HS 0901) | \$265 million | 0.8% | | | 13 | Live Trees and Other Plants (HS 06) | \$250 million | 0.7% | | | 14 | Iron and Steel (HS 72) | \$200 million | 0.6% | | | 15 | Aluminum and Articles Thereof (HS 76) | \$150 million | 0.4% | | | 16 | Plastics and Articles Thereof (HS 39) | \$120 million | 0.3% | | | 17 | Machinery and Mechanical Appliances (HS 84) | \$100 million | 0.3% | | | 18 | Electrical Machinery and Equipment (HS 85) | \$90 million | 0.3% | | | 19 | Pharmaceuticals (HS 30) | \$80 million | 0.2% | | | 20 | Textiles and Textile Articles (HS 50-63) | \$70 million | 0.2% | ([Volza][2], [TrendEconomy][3], [World Integrated Trade Solution][4]) | *Note: Export values are approximate and based on available trade data.* ### 🌍 Top Export Destinations Ecuador's primary export partners in 2023 included: * **United States**: \$7.4 billion (23% of total exports) * **China**: \$5.67 billion (18.2%) * **Panama**: \$4.47 billion (14.3%) * **Chile**: \$978 million (3.14%) * **Peru**: \$974 million (3.13%) * **Russia**: \$923 million (2.96%) * **Spain**: \$853 million (2.74%) * **Netherlands**: \$852 million (2.73%) * **Colombia**: \$775 million (2.49%) * **Italy**: \$629 million (2.02%)([TrendEconomy][3]) *Note: The percentages are approximate and based on available trade data.* These figures highlight Ecuador's significant trade relationships, particularly with the United States and China, which together account for over 40% of its total exports. The country's export economy is bolstered by its rich natural resources and agricultural products. If you need more detailed information on specific export categories or trade partners, feel free to ask! [1]: https://www.macrotrends.net/global-metrics/countries/ECU/ecuador/exports?utm_source=chatgpt.com "Ecuador Exports 1960-2025 - Macrotrends" [2]: https://www.volza.com/global-trade-data/ecuador-export-trade-data/top-export-products-of-ecuador/?utm_source=chatgpt.com "Top Export Products of Ecuador - Volza" [3]: https://trendeconomy.com/data/h2/Ecuador/TOTAL?utm_source=chatgpt.com "Ecuador | Imports and Exports | World | ALL COMMODITIES - TrendEconomy" [4]: https://wits.worldbank.org/CountryProfile/en/Country/ECU/Year/2023/Summarytext?utm_source=chatgpt.com "Ecuador Trade Summary 2023 | WITS | Text"