Imports to Ecuador dropped 3.2 percent year-on-year to USD 1976.7 million in July 2019, mostly due to lower purchases of commodities (-16.4 percent), in particular industrial (-13.7 percent); agricultural (-28 percent); and construction materials (-6.1 percent). Imports in Ecuador averaged 870731.90 USD Thousand from 1985 until 2019, reaching an all time high of 2592365 USD Thousand in October of 2014 and a record low of 117453 USD Thousand in March of 1985.
Imports in Ecuador is expected to be 1970000.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Ecuador to stand at 2000000.00 in 12 months time. In the long-term, the Ecuador Imports is projected to trend around 2400000.00 USD Thousand in 2020, according to our econometric models.