Binding coverage, manufactured products in Ecuador
Ecuador: Binding coverage, manufactured products was 94.9% in 2022. ▬ Flat
Binding coverage, manufactured products in Ecuador, 1996–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, binding coverage, manufactured products in Ecuador stood at 94.9%. That is the highest value across all 26 years on record.
The figure is up 0.2% over ten years.
Over the whole period, binding coverage, manufactured products in Ecuador peaked at 94.9% in 2018 and was at its lowest, 94.6%, in 2008.
That places Ecuador 42nd out of 158 countries with data for 2022, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 94.9% | 94.9% | 94.9% | 4 |
| 2000s | 94.8% | 94.6% | 94.9% | 10 |
| 2010s | 94.7% | 94.6% | 94.9% | 9 |
| 2020s | 94.9% | 94.9% | 94.9% | 3 |
Countries ranked near Ecuador
More private sector data for Ecuador
- Merchandise trade 53.6% (2025)
- Food imports 12.2% (2024)
- Manufactures imports 59.2% (2024)
- Merchandise imports 32.65 billion current US$ (2025)
- Food exports 53.7% (2024)
- Manufactures exports 4.9% (2024)
- Merchandise exports 37.15 billion current US$ (2025)
- Commercial service exports 4.02 billion current US$ (2025)
- Transport services 35.5% (2025)
- Computer, communications and other services 27.1% (2025)
Frequently asked questions
- What is binding coverage, manufactured products in Ecuador?
- Binding coverage, manufactured products in Ecuador was 94.9% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, manufactured products recorded in Ecuador?
- The highest recorded value was 94.9% in 2018.
- What is the lowest binding coverage, manufactured products recorded in Ecuador?
- The lowest recorded value was 94.6% in 2008.
- How does Ecuador rank for binding coverage, manufactured products?
- Ecuador ranks 42nd out of 158 countries with data for 2022.
- Is binding coverage, manufactured products rising or falling in Ecuador?
- Over the last ten years it is up 0.2%. The long-run trend across the full record is flat.
- Where does this Ecuador data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, manufactured products (%). Statizoid updates them automatically from the source API.
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About this data
Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.