Ecuador

On this page you will find beneficial information regarding foreign direct investment in / trading with Ecuador. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.

It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.

Type of Government: Republic
Population: 17.80 million (2021)
GDP: 106.2 billion USD (2021)
Corporate Tax Rate: 22% - 28%
Personal Income Tax Rate: 0% - 37%
Major Exports: Crude Petroleum ($7.44B), Crustaceans ($5.33B), Bananas ($3.67B), Refined Petroleum ($1.37B), and Processed Fish ($1.27B), exporting mostly to United States ($6.5B), China ($4.03B), Panama ($3.95B), Chile ($1.13B), and Russia ($1.01B).
Major Imports: Refined Petroleum ($2.74B), Coal Tar Oil ($1.14B), Cars ($878M), Packaged Medicaments ($619M), and Petroleum Gas ($604M), importing mostly from China ($5.94B), United States ($5.16B), Colombia ($1.79B), South Korea ($1.09B), and Peru ($933M).

March 18, 2023
Corporate Income Tax in Ecuador

How to Register a Trademark in Ecuador

October 24, 2022
Corporate Income Tax in Ecuador

Employment Rules and Regulations in Ecuador

September 18, 2022
Corporate Income Tax in Ecuador

Major exports of Ecuador

March 23, 2022
Corporate Income Tax in Ecuador

The Major Imports of Ecuador

July 30, 2021
Corporate Income Tax in Ecuador

Corporate Income Tax in Ecuador

October 5, 2020
Corporate Income Tax in Ecuador

How to Register a Company in Ecuador

August 19, 2019
Corporate Income Tax in Ecuador

The Role of Chambers of Commerce in Ecuador