Indonesia's Top Exports to Ecuador in 2023

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

Over the past 10 years, Indonesia's trade record with Ecuador shows an upward trend in exports. 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 were worth more than one billion dollars. Furthermore, according to Trademap data, 50 main Indonesian products are exported to Ecuador annually. In other words, these products are Indonesia's mainstay exports to Ecuador. Many of the other products are also exported to numerous other countries.

The following is a list of the top five Indonesian export products to Ecuador, ordered by value from highest to lowest.

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



Indonesia's largest export to Ecuador is Vehicles other than railway or tramway rolling-stock, and parts and accessories. In the Trademap classification, this falls under HS code 87. In 2023, Indonesia exported US$44.71 million worth of these products. This represents an increase compared to the previous period, which recorded US$40,403,000.


2. Paper and Paperboard



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


3. Electrical machinery and equipment and parts



Ecuador is the largest export destination for this product. In 2023, Indonesia exported US$10.22 million. Other top five export destinations include China, the United States, Hong Kong, Germany, and Singapore.


4. Nuclear reactors, boilers, machinery and mechanical appliances



Indonesia also exported a significant amount of Nuclear reactors, boilers, machinery and mechanical appliances to Ecuador, totaling US$9.24 million. This is an increase compared to the previous period, which recorded US$7,897,000. Besides Ecuador, Indonesia also exports these products to the United States, China, Germany, the United Kingdom, and Mexico. In addition to these major countries, Indonesia exported this product to four other countries.


5. Rubber



Indonesia also exported US$3.38 million worth of Rubber to Ecuador. This is lower than the previous period, which reached US$3,791,000. Trademap data shows that Indonesia exports Rubber to four countries, with Ecuador being the largest recipient. Other top five export destinations include the United States, Germany, China, Mexico, and France.