Balanced international merchandise trade statistics (BIMTS) - CPA 2.1 in Ecuador
Ecuador: Balanced international merchandise trade statistics (BIMTS) - CPA 2.1 was 1.41 US dollars, exchange rate converted in 2024. ◆ Volatile
Balanced international merchandise trade statistics (BIMTS) - CPA 2.1 in Ecuador, 1996–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
The most recent figure for balanced international merchandise trade statistics (bimts) - cpa 2.1 in Ecuador is 1.41 US dollars, exchange rate converted, measured in 2024.
Compared with earlier readings it is down 14.6% on the previous year and up 252.8% over ten years.
Over the whole period, balanced international merchandise trade statistics (bimts) - cpa 2.1 in Ecuador peaked at 26.19 US dollars, exchange rate converted in 2022 and was at its lowest, 0.0914 US dollars, exchange rate converted, in 1998.
That places Ecuador 34th out of 96 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Balanced international merchandise trade statistics (BIMTS) - CPA 2.1 in Ecuador, year by year
| Year | US dollars, exchange rate converted | Change |
|---|---|---|
| 1996 | 23.94 US dollars, exchange rate converted | — |
| 1997 | 6.11 US dollars, exchange rate converted | -74.5% |
| 1998 | 0.0914 US dollars, exchange rate converted | -98.5% |
| 1999 | 0.1272 US dollars, exchange rate converted | +39.3% |
| 2000 | 2.01 US dollars, exchange rate converted | +1477.0% |
| 2001 | 0.3242 US dollars, exchange rate converted | -83.8% |
| 2002 | 0.4449 US dollars, exchange rate converted | +37.2% |
| 2003 | 0.297 US dollars, exchange rate converted | -33.2% |
| 2004 | 0.2773 US dollars, exchange rate converted | -6.6% |
| 2005 | 12.71 US dollars, exchange rate converted | +4483.6% |
| 2006 | 0.2424 US dollars, exchange rate converted | -98.1% |
| 2007 | 0.1968 US dollars, exchange rate converted | -18.8% |
| 2008 | 0.255 US dollars, exchange rate converted | +29.6% |
| 2009 | 0.1994 US dollars, exchange rate converted | -21.8% |
| 2010 | 0.4714 US dollars, exchange rate converted | +136.4% |
| 2011 | 0.3231 US dollars, exchange rate converted | -31.5% |
| 2012 | 0.4883 US dollars, exchange rate converted | +51.2% |
| 2013 | 0.3343 US dollars, exchange rate converted | -31.6% |
| 2014 | 0.3994 US dollars, exchange rate converted | +19.5% |
| 2015 | 0.2112 US dollars, exchange rate converted | -47.1% |
| 2016 | 9.5 US dollars, exchange rate converted | +4401.2% |
| 2017 | 0.4375 US dollars, exchange rate converted | -95.4% |
| 2018 | 0.3406 US dollars, exchange rate converted | -22.2% |
| 2019 | 0.539 US dollars, exchange rate converted | +58.3% |
| 2020 | 0.3944 US dollars, exchange rate converted | -26.8% |
| 2021 | 7.32 US dollars, exchange rate converted | +1755.6% |
| 2022 | 26.19 US dollars, exchange rate converted | +257.9% |
| 2023 | 1.65 US dollars, exchange rate converted | -93.7% |
| 2024 | 1.41 US dollars, exchange rate converted | -14.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.57 US dollars, exchange rate converted | 0.0914 US dollars, exchange rate converted | 23.94 US dollars, exchange rate converted | 4 |
| 2000s | 1.7 US dollars, exchange rate converted | 0.1968 US dollars, exchange rate converted | 12.71 US dollars, exchange rate converted | 10 |
| 2010s | 1.3 US dollars, exchange rate converted | 0.2112 US dollars, exchange rate converted | 9.5 US dollars, exchange rate converted | 10 |
| 2020s | 7.39 US dollars, exchange rate converted | 0.3944 US dollars, exchange rate converted | 26.19 US dollars, exchange rate converted | 5 |
Countries ranked near Ecuador
- 31 Chile 1.76 US dollars, exchange rate converted compare
- 32 Guatemala 1.75 US dollars, exchange rate converted compare
- 33 Denmark 1.61 US dollars, exchange rate converted compare
- 35 Austria 1.39 US dollars, exchange rate converted compare
- 36 Venezuela 1.39 US dollars, exchange rate converted compare
- 37 South Africa 1.22 US dollars, exchange rate converted compare
More economy & growth data for Ecuador
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.54 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.51 Percent per annum (2029)
- GDP (current US$), annual growth rate 5.27 % change on previous year (2025)
- GDP (current US$), per capita 7,125 current US$ per person (2025)
- GDP (current LCU), annual growth rate 5.27 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 7,125 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 3.73 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8652 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 6,165 constant 2015 US$ per person (2025)
Frequently asked questions
- What is balanced international merchandise trade statistics (bimts) - cpa 2.1 in Ecuador?
- Balanced international merchandise trade statistics (bimts) - cpa 2.1 in Ecuador was 1.41 US dollars, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest balanced international merchandise trade statistics (bimts) - cpa 2.1 recorded in Ecuador?
- The highest recorded value was 26.19 US dollars, exchange rate converted in 2022.
- What is the lowest balanced international merchandise trade statistics (bimts) - cpa 2.1 recorded in Ecuador?
- The lowest recorded value was 0.0914 US dollars, exchange rate converted in 1998.
- How does Ecuador rank for balanced international merchandise trade statistics (bimts) - cpa 2.1?
- Ecuador ranks 34th out of 96 countries with data for 2024.
- Is balanced international merchandise trade statistics (bimts) - cpa 2.1 rising or falling in Ecuador?
- Over the last ten years it is up 252.8%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Balanced international merchandise trade statistics (BIMTS) - CPA 2.1. Statizoid updates them automatically from the source API.
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About this data
The OECD Balanced International Merchandise Trade Statistics (BIMTS) dataset provides a complete, consistent, and balanced matrix of international merchandise trade statistics. It includes annual bilateral data for approximately 200 reporters and partners, broken down by 60 products in the Statistical Classification of Products by Activity (CPA 2.1) at the 2-digit level from 1995 to 2024. BIMTS is also available in the HS 2017 classification at 2-digit, 4-digit and 6-digit levels of aggregation. The data at 4- and 6-digit levels can currently be accessed via the Related Files (bottom of the page). BIMTS is complete and consistent. The OECD methodology leverages all available official statistics and combines them with estimations and adjustments to provide users with a complete matrix covering virtually all economies in the world. To provide users with consistent and long time series, the data is presented according to either HS2017 or CPA 2.1. BIMTS is balanced. The OECD has developed a transparent approach to reconcile asymmetries in international merchandise trade statistics. A sequence of adjustments, documented in the BIMTS technical paper, significantly reduces asymmetries in the dataset before the final balancing procedure is performed. An important feature of BIMTS is a novel algorithm which identifies re-export flows and reallocates them to the producer countries before the balancing. To avoid double counting of flows between producers and trade hubs (already accounted for in the trade between producers and final users), BIMTS breaks down the final balanced values into a domestic component and a re-exports component. Users will therefore find two different measures of balanced trade flows (under the ‘Adjustment’ dimension): Total balanced value: Represents the total reconciled bilateral trade flow, including re-exports. Balanced value adjusted for re-exports: Represents the reconciled bilateral trade flow, adjusted for re-exports. This adjusted value is deemed to more accurately reflect economic reality and is therefore the preferred measure. In this database, the Reference area denotes the exporter, while the Counterpart area denotes the importer. Because the data are balanced, exports from the exporter to the importer equal imports by the importer from the exporter, and the flow is therefore recorded only once. Note that zero trade flows are represented in BIMTS as missing records (marked as “..”). This approach reduces the dataset size and improves processing times in the OECD Data Explorer. For convenience, users can also retrieve data for total merchandise (“_T”, denoting all products) and partner world (“W”). BIMTS will be regularly updated and continually improved as new data becomes available. For more information on: The methodology: The OECD Balanced International Merchandise Trade Dataset (BIMTS). Balanced trade statistics related pages: Balanced trade statistics, or The statistics compiled by the OECD Statistics and Data Directorate Users are encouraged to send their questions, or to signal any apparent errors, regarding this database to STAT.Contact@oecd.org