Indonesia exported US$44.71 million worth of vehicles (excluding railway rolling stock) to Ecuador in 2023.

Indonesia recorded exports to Ecuador worth US$106.2 million as of December 2023. This figure represents a 23.74% decrease compared to the previous year's exports, which totaled US$139.26 million.

Indonesia's trade record with Ecuador shows an upward trend in exports over the past 10 years. The lowest export value was US$47.5 million, while the highest reached US$139.26 million.

Of the 97 products (two-digit HS codes) exported to Ecuador, 36 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are 50 main Indonesian products exported to Ecuador annually. In other words, these products are the mainstay of Indonesian exports to Ecuador. The rest are mostly products also widely exported to other countries.

The following is a list of the top five products exported by Indonesia to Ecuador. This list is ordered from the highest to lowest transaction value.

1. Vehicles other than railway or tramway rolling-stock, and parts and accessories



Vehicles other than railway or tramway rolling-stock, and parts and accessories, classified under HS code 87 in Trademap, are the top export to Ecuador. Indonesia exported US$44.71 million worth of these products. Exports of Vehicles other than railway or tramway rolling-stock, and parts and accessories increased compared to the previous period, which recorded US$40,403,000.


2. Paper and Paperboard



Under HS code 48, Paper and Paperboard are grouped with pulp, paper or paperboard articles. Indonesia exported US$21.56 million worth of these products to Ecuador.


3. Electrical machinery, equipment, and parts



Under HS code 85, Electrical machinery, equipment, and parts are grouped with sound recorders and reproducers, television. Indonesia exported US$10.22 million worth of these products to Ecuador. Exports of Electrical machinery, equipment, and parts to Ecuador were the largest for this product. The five other countries that are major sources of Electrical machinery, equipment, and parts are China, the United States, Hong Kong, China, Germany, and Singapore.


4. Nuclear reactors, boilers, machinery and mechanical appliances





Indonesia also exports a significant amount of Nuclear reactors, boilers, machinery and mechanical appliances to Ecuador. Exports of this product totaled US$9.24 million, an increase compared to the previous period's US$7,897,000. Besides Ecuador, Indonesia also relies on exports of Nuclear reactors, boilers, machinery and mechanical appliances to the United States, China, Germany, the United Kingdom, and Mexico. In addition to these main countries, Indonesia also exported this product to four other countries.


5. Rubber



Rubber exports to Ecuador are currently the largest. Indonesia exported US$3.38 million worth of rubber to Ecuador. Other major export destinations for Rubber include the United States, Germany, China, Mexico, and France.