Merchandise imports from low- and middle-income economies in Latin in Ecuador
Ecuador: Merchandise imports from low- and middle-income economies in Latin was 21.5% in 2023. ▲ Rising
Merchandise imports from low- and middle-income economies in Latin in Ecuador, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
In 2023, merchandise imports from low- and middle-income economies in latin in Ecuador stood at 21.5%.
The figure is up 2.8% on the previous year and down 2.4% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in Ecuador peaked at 31.6% in 2005 and was at its lowest, 1.3%, in 1961.
That places Ecuador 14th out of 206 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 64 years of available data.
Merchandise imports from low- and middle-income economies in Latin in Ecuador, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 2.6% | — |
| 1961 | 1.3% | -48.4% |
| 1962 | 5.2% | +286.6% |
| 1963 | 3.7% | -29.5% |
| 1964 | 3.0% | -17.7% |
| 1965 | 4.7% | +55.1% |
| 1966 | 4.6% | -2.2% |
| 1967 | 5.2% | +13.6% |
| 1968 | 4.6% | -11.1% |
| 1969 | 6.4% | +38.4% |
| 1970 | 8.9% | +38.5% |
| 1971 | 11.8% | +33.7% |
| 1972 | 10.8% | -8.6% |
| 1973 | 13.0% | +19.8% |
| 1974 | 12.4% | -4.2% |
| 1975 | 10.0% | -19.2% |
| 1976 | 9.6% | -4.1% |
| 1977 | 9.9% | +3.1% |
| 1978 | 10.1% | +1.3% |
| 1979 | 11.5% | +13.9% |
| 1980 | 11.1% | -3.0% |
| 1981 | 11.5% | +3.3% |
| 1982 | 11.6% | +0.9% |
| 1983 | 15.3% | +32.1% |
| 1984 | 21.8% | +42.6% |
| 1985 | 18.3% | -16.2% |
| 1986 | 16.0% | -12.3% |
| 1987 | 14.9% | -7.1% |
| 1988 | 15.8% | +6.1% |
| 1989 | 21.1% | +33.7% |
| 1990 | 18.5% | -12.3% |
| 1991 | 16.6% | -10.5% |
| 1992 | 17.4% | +4.9% |
| 1993 | 13.7% | -21.3% |
| 1994 | 22.4% | +63.6% |
| 1995 | 21.9% | -2.2% |
| 1996 | 23.9% | +8.9% |
| 1997 | 21.0% | -12.0% |
| 1998 | 22.0% | +4.6% |
| 1999 | 23.5% | +6.8% |
| 2000 | 25.6% | +9.1% |
| 2001 | 26.6% | +3.9% |
| 2002 | 29.7% | +11.5% |
| 2003 | 29.5% | -0.8% |
| 2004 | 31.3% | +6.2% |
| 2005 | 31.6% | +1.2% |
| 2006 | 30.1% | -4.7% |
| 2007 | 26.8% | -11.0% |
| 2008 | 24.8% | -7.5% |
| 2009 | 26.8% | +8.1% |
| 2010 | 27.4% | +2.1% |
| 2011 | 24.3% | -11.3% |
| 2012 | 23.0% | -5.1% |
| 2013 | 22.1% | -4.2% |
| 2014 | 21.3% | -3.3% |
| 2015 | 21.0% | -1.5% |
| 2016 | 23.4% | +11.1% |
| 2017 | 24.5% | +5.1% |
| 2018 | 23.1% | -5.9% |
| 2019 | 22.5% | -2.6% |
| 2020 | 23.0% | +2.3% |
| 2021 | 21.5% | -6.6% |
| 2022 | 21.0% | -2.5% |
| 2023 | 21.5% | +2.8% |
Ecuador compared with similar countries
- Ecuador's 21.5% is above the median for upper middle income countries, which is 2.4%, 8.8× the median. (59 countries reporting)
- Ecuador's 21.5% is above the median for Latin America & Caribbean, which is 16.0%, 1.3× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports from low- and middle-income economies in Latin 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 |
|---|---|---|---|
| 1962 | +286.6% | 1.3% | 5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.1% | 1.3% | 6.4% | 10 |
| 1970s | 10.8% | 8.9% | 13.0% | 10 |
| 1980s | 15.7% | 11.1% | 21.8% | 10 |
| 1990s | 20.1% | 13.7% | 23.9% | 10 |
| 2000s | 28.3% | 24.8% | 31.6% | 10 |
| 2010s | 23.3% | 21.0% | 27.4% | 10 |
| 2020s | 21.7% | 21.0% | 23.0% | 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 imports from low- and middle-income economies in latin in Ecuador?
- Merchandise imports from low- and middle-income economies in latin in Ecuador was 21.5% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in latin recorded in Ecuador?
- The highest recorded value was 31.6% in 2005.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Ecuador?
- The lowest recorded value was 1.3% in 1961.
- How does Ecuador rank for merchandise imports from low- and middle-income economies in latin?
- Ecuador ranks 14th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in Ecuador?
- Over the last ten years it is down 2.4%. The long-run trend across the full record is rising.
- Where does this Ecuador data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.