Ecuador Exports

Exports from Ecuador dropped 8.3 percent year-on-year to USD 1657.0 million in January 2019 from USD 1806.3 million in the corresponding month of the previous year. Exports were mainly driven by lower sales of crude oil (-18.8 percent), bananas (-1.1 percent), shrimps (-1.1 percent), fish (-15.7 percent), wood (-10.5 percent) and chemicals & pharmaceutical products (-22.1 percent). Meanwhile, sales rose for cacao (42 percent), flowers (2.6 percent) and manufactured metals (14.4 percent). Exports in Ecuador averaged 751751.80 USD Thousand from 1979 until 2018, reaching an all time high of 2603522 USD Thousand in May of 2014 and a record low of 66062 USD Thousand in March of 1987.

Exports in Ecuador is expected to be 1940000.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Ecuador to stand at 196000.00 in 12 months time. In the long-term, the Ecuador Exports is projected to trend around 1980000.00 USD Thousand in 2020, according to our econometric models.

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Ecuador Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-348555.00	-99461.00	619602.00	-729014.00	USD Thousand	[+]
Current Account	-126.43	-118.12	1548.25	-1403.57	USD Million	[+]
Current Account to GDP	-0.20	1.40	5.17	-10.08	percent	[+]
Imports	2005517.00	1805354.00	2592365.00	117453.00	USD Thousand	[+]
Exports	1656962.00	1705893.00	2603522.00	66062.00	USD Thousand	[+]
Capital Flows	-262.23	137.24	1523.82	-5561.90	USD Million	[+]
Remittances	768.07	767.30	891.95	238.55	USD Million	[+]
Gold Reserves	11.80	11.80	26.30	11.79	Tonnes	[+]
Crude Oil Production	533.00	524.00	563.00	329.00	BBL/D/1K	[+]
Terrorism Index	1.47	1.62	3.02	0.58		[+]
Foreign Direct Investment	200.44	209.45	783.07	-286.13	USD Million	[+]

Exports by Country | Exports by Category | Imports by Country | Imports by Category

Crude oil and related products accounts for 58 percent of Ecuador’s exports. The country is also major exporter of bananas (9 percent); fish and shrimps (11 percent) and coffee and cocoa (4 percent). Main export partners are: United States (45 percent of total exports), Chile (8.4 percent) and Peru (8 percent). Others include: Colombia, Venezuela and Russia. This page provides - Ecuador Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Exports - actual data, historical chart and calendar of releases - was last updated on March of 2019.