UK-Andean countries trade agreement
Ecuador is part of the UK-Andean countries trade agreement. Read our latest updates for more information on the status of this agreement and how it may benefit your business.
Top five UK goods exported to Ecuador, in the four quarters to the end of Q4 2022
| Goods | Value (£million) |
|---|---|
| Beverages | |
| Medicinal & pharmaceutical products | |
| Other manufactures (consumer) | |
| Scientific instruments (capital) | |
| Other chemicals |
Source:
ONS Trade in goods: country-by-commodity exports
Last updated: April 2023
Download the latest trade and investment factsheet for Ecuador.
Total import value (into the UK from Ecuador) and export value (from the UK into Ecuador) over time
| Year | Imports (£million) | Exports (£million) | Total trade (£million) |
|---|---|---|---|
| 2016 | 164.0 | 79.0 | 243.0 |
| 2017 | 179.0 | 149.0 | 328.0 |
| 2018 | 228.0 | 135.0 | 363.0 |
| 2019 | 181.0 | 147.0 | 328.0 |
| 2020 | 188.0 | 93.0 | 281.0 |
| 2021 | 225.0 | 214.0 | 439.0 |
| 2022 | 229.0 | 132.0 | 361.0 |
Source:
ONS UK total trade: all countries, seasonally adjusted
Last updated: April 2023
Total trade is the sum of all exports and imports over the same time period.
Download the latest trade and investment factsheet for Ecuador.
Ecuador: at a glance
Economic growth
4.2%
Actual figure (IMF, 2021)
The UK is 7.4% (IMF, 2021, projected figure)
GDP per capita
$5,670
Actual figure (IMF, 2020)
The UK is $41,127 (IMF, 2020, actual figure)
Currency
US dollars
Business language
Spanish
You are likely to need a translator
Time zone
GMT -5
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