Exporting guide to Ecuador

Overview

With a population of around 18 million, Ecuador is situated on South America's west coast. It is bordered by Colombia, Peru and the South Pacific Ocean.

Trade statistics

£100.0 million total UK exports to Ecuador for the four quarters to the end of Q2 2022

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: October 2022)

126th largest UK export market

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: October 2022)

less than 0.1% of total UK exports for the four quarters to the end of Q2 2022

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: October 2022)

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 Q2 2022

Goods Value (£million)
Beverages 18.1
Medicinal & pharmaceutical products 9.9
Other manufactures (consumer) 4.9
Other chemicals 4.5
Scientific instruments (capital) 4.1

Source: ONS Trade in goods: country-by-commodity exports
Last updated: November 2022
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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Check for trade barriers

Trade barriers, such as tariffs or taxes, can raise costs, cause delays, or even stop you from exporting. Check for any issues that may impact your business when exporting.

See current trade barriers

See resolved trade barriers

Check duties and customs

Find information on how to export goods from the UK. View the duties, rules, restrictions, and the documents you need for your products.

See current duties and customs procedures

Next steps

DIT can advise you on doing business abroad, and help put you in touch with other people who can help such as lawyers and distributors.