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Ecuador Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

Ecuador's trade openness was 63.72% in 2025, ranked 125th globally. This represents a 11.4% increase from 2024. Data from World Bank, covering 1960–2025.

63.72% +6.51% (+11.4%)
Year 2025 Rank #125 Global Peak 74.59% (2008) Source World Bank

Ecuador Trade Openness (1960–2025)

Overview

Ecuador's trade openness stood at 63.72% in 2025, a rise of +6.51% from 2024. Based on recent trends, this figure is projected to reach 63.72% by 2025. Ecuador ranked 125th globally.

Ecuador’s trade openness, measured as the sum of exports and imports relative to GDP, has risen markedly from 19.91 in 1960 to 63.72 in 2025, placing the country 125th in the World Bank’s global ranking. The indicator reached its all‑time high of 74.59 in 2008, reflecting a period of liberalised trade policies and increased integration into regional supply chains, before retreating to a trough of 19.04 in 1964 during a more protectionist phase. Over the 66‑year coverage, Ecuador’s openness now aligns closely with peers such as Madagascar (63.53) and the Northern Mariana Islands (64.37), suggesting a convergence toward the trade‑intensity typical of many emerging economies. The sustained upward trajectory is underpinned by expanding export diversification, especially in commodities and manufactured goods, and by ongoing infrastructure improvements that lower transaction costs. Future shifts in global demand, coupled with potential trade‑policy reforms, will likely determine whether Ecuador can sustain or further elevate its openness level.

Data & projection

Year Trade Openness YoY change Rank
2027* trend 69.75% - -
2026* trend 66.73% - -
2025* trend 63.72% - -
2025 63.72% +6.51% #125
2024 57.20% +0.21% #49
2023 57.00% −4.88% #45
2022 61.88% +8.62% #51
2021 53.26% +9.27% #44
2020 43.99% −4.09% #35
2019 48.08% +0.07% #33
2018 48.01% +4.39% #29
2017 43.62% +3.08% #27
2016 40.53% −7.29% #23
2015 47.83% −13.60% #32
2014 61.43% −2.01% #53
2013 63.43% −3.57% #60
2012 67.00% −3.03% #59
2011 70.04% +4.26% #65
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +10.9% GDP growth 9.4% C/A balance 2.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Ecuador matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Ecuador's trade openness?▾

Ecuador's trade openness was 63.72% in 2025. Ranked 125th globally. This represents a 11.4% increase from the previous year.

What was the highest trade openness in Ecuador?▾

Ecuador's trade openness peaked at 74.59% in 2008.

What was the lowest trade openness in Ecuador?▾

The lowest trade openness in Ecuador was 19.04% in 1964.

How does Ecuador rank in trade openness?▾

Ecuador ranks 125th globally in trade openness as of 2025.

What is the World Bank indicator code for trade openness?▾

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the projected trade openness of Ecuador in 2025?▾

Ecuador's trade openness is projected to reach 63.72% by 2025 based on trend extrapolation.

What is the trade openness of Ecuador in 2025?▾

The trade openness of Ecuador in 2025 was 63.72%. This ranks 125th in the world.

Cite this page

APA
Ecuador Trade Openness. HistorySaid. Retrieved November 14, 2026, from https://historysaid.com/ecuador/trade-openness/
BibTeX
@misc{historysaid_ecuador_trade-openness, title = {Ecuador Trade Openness}, url = {https://historysaid.com/ecuador/trade-openness/}, publisher = {HistorySaid}, year = {2026} }
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