Gold, Coconut, Cashews, Oil seeds, Coffee
BUSINESS OPPORTUNITIES IN ECUADOR
The exports of Ecuador increased from $17,57,621 thousand in September 2020 to $17,99,976 thousand in October 2020.The imports of Ecuador also saw an increase from $14,25,947 thousand in September 2020 to $15,61,086 thousand in October 2020.
Crude oil and other related products account for almost 58% of the total exports of Ecuador. Other major exports of Ecuador are bananas, fish and shrimps and coffee and cocoa, which account for 9%, 11% and 4% of the total exports of the country respectively.The main export partners of Ecuador are the USA, Chile, Peru, Colombia, Venezuela and Russia.
The main imports of Ecuador are raw materials, which form 25% of the total imports of the country, capital goods, fuels and lubricants, consumption durables and transport equipment. The main import partners of Ecuador are the USA, China, Colombia, Panama, Peru, Japan and Chile.