Maize (corn) — Terms of trade in Ecuador
Ecuador: Maize (corn) — Terms of trade was 304 % in 2024. ◆ Volatile
Maize (corn) — Terms of trade in Ecuador, 2010–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
The most recent figure for maize (corn) — terms of trade in Ecuador is 304 %, measured in 2024. That is the highest value across all 15 years on record.
That represents a change of up 914.3% on the previous year and up 1,396.8% over ten years.
Over the whole period, maize (corn) — terms of trade in Ecuador peaked at 304 % in 2024 and was at its lowest, 11.21 %, in 2019.
Ecuador ranks 17th of 108 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Maize (corn) — Terms of trade in Ecuador, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 41.08 % | — |
| 2011 | 37.98 % | -7.5% |
| 2012 | 35.56 % | -6.4% |
| 2013 | 28.38 % | -20.2% |
| 2014 | 20.31 % | -28.4% |
| 2015 | 34.87 % | +71.7% |
| 2016 | 287.8 % | +725.4% |
| 2017 | 251.54 % | -12.6% |
| 2018 | 100.06 % | -60.2% |
| 2019 | 11.21 % | -88.8% |
| 2020 | 64.29 % | +473.5% |
| 2021 | 16.69 % | -74.0% |
| 2022 | 141.24 % | +746.3% |
| 2023 | 29.97 % | -78.8% |
| 2024 | 304 % | +914.3% |
Ecuador compared with similar countries
- Ecuador's 304 % is above the median for upper middle income countries, which is 89.24 %, 3.4× the median. (29 countries reporting)
- Ecuador's 304 % is above the median for Latin America & Caribbean, which is 110.36 %, 2.8× the median. (19 countries reporting)
Biggest year-on-year movements
Years where Maize (corn) — Terms of trade in Ecuador changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2024 | +914.3% | 29.97 % | 304 % |
| 2022 | +746.3% | 16.69 % | 141.24 % |
| 2016 | +725.4% | 34.87 % | 287.8 % |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 84.88 % | 11.21 % | 287.8 % | 10 |
| 2020s | 111.24 % | 16.69 % | 304 % | 5 |
Countries ranked near Ecuador
- 14 Republic of Korea 339.4 % compare
- 15 India 321.23 % compare
- 16 Mexico 309.99 % compare
- 18 China, mainland 302.76 % compare
- 19 China, Hong Kong SAR 286.19 % compare
- 20 Italy 268.9 % compare
More agriculture & rural data for Ecuador
- Agriculture, forestry, and fishing, value added (current US$), annual 10.59 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.097 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 691.36 current US$ per person (2025)
- Rural population, annual growth rate 0.4287 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.3661 units per person (2025)
- Share of GDP from agriculture 9.7% (2025)
- Agriculture as a share of GDP vs. GDP per capita 9.7% (2025)
- Agricultural raw materials exports 3.9% (2024)
- Agricultural raw materials imports 0.7% (2024)
Frequently asked questions
- What is maize (corn) — terms of trade in Ecuador?
- Maize (corn) — terms of trade in Ecuador was 304 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest maize (corn) — terms of trade recorded in Ecuador?
- The highest recorded value was 304 % in 2024.
- What is the lowest maize (corn) — terms of trade recorded in Ecuador?
- The lowest recorded value was 11.21 % in 2019.
- How does Ecuador rank for maize (corn) — terms of trade?
- Ecuador ranks 17th out of 108 countries with data for 2024.
- Is maize (corn) — terms of trade rising or falling in Ecuador?
- Over the last ten years it is up 1,396.8%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Maize (corn) — Terms of trade. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK