Merchandise exports by the reporting economy, residual in Ecuador
Ecuador: Merchandise exports by the reporting economy, residual was 0.2% in 2023. ◆ Volatile
Merchandise exports by the reporting economy, residual in Ecuador, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports by the reporting economy, residual in Ecuador is 0.2%, measured in 2023.
Compared with earlier readings it is down 2.4% on the previous year and down 90.8% over ten years.
Over the whole period, merchandise exports by the reporting economy, residual in Ecuador peaked at 6.8% in 2011 and was at its lowest, 0.0%, in 1962.
That places Ecuador 12th out of 206 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy, residual in Ecuador, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 3.3% | — |
| 1961 | 0.7% | -80.0% |
| 1962 | 0.0% | -100.0% |
| 1963 | 0.0% | — |
| 1964 | 0.0% | — |
| 1965 | 0.1% | +8423785359762000.0% |
| 1966 | 0.0% | -64.2% |
| 1967 | 0.0% | +48.0% |
| 1968 | 0.0% | -29.8% |
| 1969 | 0.0% | -7.8% |
| 1970 | 0.0% | +55.0% |
| 1971 | 0.1% | +60.2% |
| 1972 | 0.0% | -51.9% |
| 1973 | 0.0% | -68.2% |
| 1974 | 0.0% | +341.0% |
| 1975 | 0.2% | +328.7% |
| 1976 | 0.4% | +136.8% |
| 1977 | 0.6% | +64.3% |
| 1978 | 1.0% | +69.4% |
| 1979 | 2.2% | +109.1% |
| 1980 | 2.3% | +5.3% |
| 1981 | 2.8% | +24.2% |
| 1982 | 3.3% | +18.0% |
| 1983 | 0.1% | -96.9% |
| 1984 | 0.1% | +41.3% |
| 1985 | 0.1% | -23.4% |
| 1986 | 0.2% | +35.3% |
| 1987 | 2.2% | +1354.0% |
| 1988 | 0.3% | -87.7% |
| 1989 | 0.3% | +7.6% |
| 1990 | 0.8% | +170.5% |
| 1991 | 0.3% | -63.4% |
| 1992 | 0.5% | +62.4% |
| 1993 | 0.3% | -29.4% |
| 1994 | 0.2% | -33.9% |
| 1995 | 0.8% | +272.3% |
| 1996 | 1.5% | +86.6% |
| 1997 | 1.0% | -35.6% |
| 1998 | 1.4% | +44.3% |
| 1999 | 1.1% | -25.4% |
| 2000 | 2.5% | +133.7% |
| 2001 | 3.6% | +44.9% |
| 2002 | 1.3% | -63.9% |
| 2003 | 1.0% | -26.2% |
| 2004 | 1.6% | +70.7% |
| 2005 | 1.4% | -15.0% |
| 2006 | 2.5% | +80.9% |
| 2007 | 4.3% | +70.0% |
| 2008 | 3.7% | -12.9% |
| 2009 | 4.0% | +6.8% |
| 2010 | 5.6% | +40.3% |
| 2011 | 6.8% | +21.9% |
| 2012 | 4.3% | -37.2% |
| 2013 | 1.9% | -56.3% |
| 2014 | 2.2% | +17.4% |
| 2015 | 1.8% | -18.8% |
| 2016 | 0.9% | -51.7% |
| 2017 | 0.3% | -69.6% |
| 2018 | 0.2% | -36.3% |
| 2019 | 0.1% | -27.4% |
| 2020 | 0.1% | -13.1% |
| 2021 | 0.2% | +76.9% |
| 2022 | 0.2% | -4.8% |
| 2023 | 0.2% | -2.4% |
Ecuador compared with similar countries
- Ecuador's 0.2% is above the median for upper middle income countries, which is 0.0%, 190.3× the median. (59 countries reporting)
- Ecuador's 0.2% is above the median for Latin America & Caribbean, which is 0.1%, 2.7× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports by the reporting economy, residual in Ecuador changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1965 | +8423785359762000.0% | 0.0% | 0.1% |
| 1987 | +1354.0% | 0.2% | 2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.4% | 0.0% | 3.3% | 10 |
| 1970s | 0.4% | 0.0% | 2.2% | 10 |
| 1980s | 1.2% | 0.1% | 3.3% | 10 |
| 1990s | 0.8% | 0.2% | 1.5% | 10 |
| 2000s | 2.6% | 1.0% | 4.3% | 10 |
| 2010s | 2.4% | 0.1% | 6.8% | 10 |
| 2020s | 0.2% | 0.1% | 0.2% | 4 |
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)
- Merchandise exports (current US$), per capita 2,031 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2851 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.93 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy, residual in Ecuador?
- Merchandise exports by the reporting economy, residual in Ecuador was 0.2% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy, residual recorded in Ecuador?
- The highest recorded value was 6.8% in 2011.
- What is the lowest merchandise exports by the reporting economy, residual recorded in Ecuador?
- The lowest recorded value was 0.0% in 1962.
- How does Ecuador rank for merchandise exports by the reporting economy, residual?
- Ecuador ranks 12th out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy, residual rising or falling in Ecuador?
- Over the last ten years it is down 90.8%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy, residual (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy residuals are the total merchandise exports by the reporting economy to the rest of the world as reported in the IMF's Direction of trade database, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy.