Goods exports as a part of the balance of payment rose 32.3% to USD 27.2 bil in Ecuador in 2021, according to the National Statistical Office.
Historically, goods exports as a part of the balance of payment in Ecuador reached an all time high of USD 27.2 bil in 2021 and an all time low of USD 1.31 bil in 1976. When compared to Ecuador's main peers, goods exports as a part of the balance of payment in Brazil amounted to USD 284 bil, USD 42.7 bil in Colombia, USD 16.5 bil in Panama and USD 63.2 bil in Peru in 2021.
Ecuador has been ranked 66th within the group of 140 countries we follow in terms of goods exports as a part of the balance of payment, 1 place above the position seen 10 years ago.
Goods Exports (BoP, USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Bolivia | USD bil | 8.68 | 7.03 | 8.13 | 8.94 | 8.83 | ||||||||||||||||
Brazil | USD bil | 190 | 184 | 218 | 240 | 226 | ||||||||||||||||
Chile | USD bil | 62.1 | 60.8 | 68.9 | 74.8 | 68.8 | ||||||||||||||||
Colombia | USD bil | 38.6 | 34.1 | 39.8 | 43.0 | 40.7 | ||||||||||||||||
Costa Rica | USD bil | 9.45 | 10.1 | 10.8 | 11.7 | 11.8 | ||||||||||||||||
Ecuador | USD bil | 19.0 | 17.4 | 19.5 | 22.2 | 22.8 | ||||||||||||||||
Honduras | USD bil | 3.99 | 3.94 | 4.57 | 4.37 | 4.27 | ||||||||||||||||
Nicaragua | USD bil | 3.87 | 3.79 | 4.18 | 4.20 | 4.34 | ||||||||||||||||
Panama | USD bil | 14.2 | 12.9 | 13.8 | 14.8 | 14.6 | ||||||||||||||||
Peru | USD bil | 34.4 | 37.1 | 45.4 | 49.1 | 48.0 | ||||||||||||||||
Venezuela | USD bil | 37.2 | 27.4 | ... | ... | ... | ... | ... |