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 Q3 2023
| Goods | Value (£ million ) |
|---|---|
| Cars | |
| Medicinal & pharmaceutical products | |
| Other manufactures (consumer) | |
| Coffee, tea, cocoa etc | |
| Scientific instruments (capital) |
Source:
ONS Trade in goods: country-by-commodity exports
Last updated: February 2024
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 | 81.0 | 245.0 |
| 2017 | 179.0 | 151.0 | 330.0 |
| 2018 | 227.0 | 137.0 | 364.0 |
| 2019 | 180.0 | 148.0 | 328.0 |
| 2020 | 187.0 | 95.0 | 282.0 |
| 2021 | 222.0 | 223.0 | 445.0 |
| 2022 | 293.0 | 135.0 | 428.0 |
Source:
ONS UK total trade: all countries, seasonally adjusted
Last updated: January 2024
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
2.9%
Actual figure (IMF, 2022)
The UK is 4.1% (IMF, 2022, actual figure)
GDP per capita
$5,979
Actual figure (IMF, 2021)
The UK is $46,422 (IMF, 2021, projected figure)
Currency
US dollars
Business language
Spanish
You are likely to need a translator
Time zone
GMT -5
Want to see more on Ecuador? Sign up for additional market data, content specific to your product or sector and to compare Ecuador side by side with other markets.
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.
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.
Next steps
Get ready to do business abroad
Step-by-step lessons to accelerate your exporting ability.
Read more
Find the answers to your exporting questions
Get instant help from our online services and how-to articles or contact our Export Support Service to access our wider network of support.
Find answers