October 2011
Ecuador
                         
BASIC INDICATORS
Population (thousands, 2010)  14 465 Rank in world trade, 2010 Exports Imports
GDP (million current US$, 2010)  58 910 Merchandise  72 70
GDP (million current PPP US$, 2010)  117 241 excluding intra-EU trade 50 48
Current account balance (million US$, 2009) -  268 Commercial services 106 81
Trade per capita (US$, 2008-2010)  2 691 excluding intra-EU trade 80 59
Trade to GDP ratio (2008-2010)   69.7
Annual percentage change
2010   2005-2010 2009 2010
Real GDP (2005=100)   120 4 0 4
Exports of goods and services (volume, 2005=100)   115 3 -6 6
Imports of goods and services (volume, 2005=100)   121 4 -8 2
                         
TRADE POLICY
WTO accession 21 January 1996 Contribution to WTO budget (%, 2011) 0.099
Trade Policy Review 15, 17 June 2005 Import duties collected
GPA accession  - in total tax revenue ...
Tariffs and duty free imports to total imports ...
Tariff binding coverage (%)    100 Number of notifications to WTO and measures in force 
MFN tariffs Final bound Applied 2010 Outstanding notifications in WTO Central Registry   8
Simple average of import duties Goods RTAs - services EIAs notified to WTO 3 - 0
All goods   21.7   11.2 Anti-dumping (30 June 2010) ...
Agricultural goods (AOA)   25.7   18.4 Countervailing duties (30 June 2010) ...
Non-agricultural goods   21.2   10.1 Safeguards (22 October 2010)   1
Non ad-valorem duties (% total tariff lines)   0.0   0.0 Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2009) Requests for consultation 3 - 3
in agricultural goods (AOA)   10.9 Original panel / Appellate Body (AB) reports 2 - 0
in non-agricultural goods   64.7 Compliance panel / AB reports (Article 21.5 DSU) 2 - 0
Services sectors with GATS commitments   66 Arbitration awards (Article 22.6 DSU) 0 - 1
                         
MERCHANDISE TRADE  Value Annual percentage change
2010   2005-2010 2009 2010
Merchandise exports, f.o.b. (million US$)  17 490 12 -26 26
Merchandise imports, c.i.f. (million US$)  20 591 15 -20 36
2010   2010
Share in world total exports    0.11 Share in world total imports  0.13
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   34.1 Agricultural products 9.4
Fuels and mining products   55.9 Fuels and mining products 22.4
Manufactures   9.6 Manufactures 67.7
  By main destination   By main origin
1. United States   34.7 1. United States   27.9
2. European Union (27)   13.0 2. Colombia   9.8
3. Panama   12.2 3. European Union (27)   8.9
4. Peru   7.6 4. China   7.8
5. Bolivarian Rep. of Venezuela   5.6 5. Peru   5.0
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2010   2005-2010   2009 2010
Commercial services exports (million US$)  1 264   6 -8 12
Commercial services imports (million US$)  2 907   7 -11 14
2010   2010
Share in world total exports   0.03   Share in world total imports 0.08
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   28.4   Transportation 58.2
Travel   61.8   Travel 19.5
Other commercial services   9.8   Other commercial services 22.3
                         
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2009 Trademark registrations by office, 2007
Residents Non-residents  Total  Direct residents Direct non-residents Madrid  Total 
... ...   64  4 928  7 253 ...  12 181