The United States, Asia and Europe are the markets where the majority of consumers of Ecuadorian exports are found.
Between January and September 2021, the first ten export products, composed mainly of products from the food supply, added more than $ 10.41 billion in sales abroad.
The United States, Asia and Europe are markets where the majority of consumers of Ecuadorian exports are found, according to the latest statistical report on foreign trade issued by the Ecuadorian Federation of Exporters (Fedexpor).
According to the Fedexpor document, bananas registered a decrease of -9% until September 2021. Shrimp, on the contrary, grows in its exported value at a rate of 32% compared to the January-September 2020 period. non-traditional, the canned fish item shows a growth of 9%. While, on the other hand, wood and its products decreased by -28% during the same period of analysis.
These are the top ten products in Ecuador’s exportable basket in order of sales:
- Shrimp: Its main destination is China. This product obtained a growth of 32% compared to the previous year and in sales values reached $ 3,691 million.
- Banana and plantain: The European Union is its main market. This product, unlike the previous one, registers a 9% decrease and its sales value is $ 2,598 million.
- Canned fish: Its main destination also, like bananas, is the European Union. These products had a 9% growth compared to 2020 and in sales value amounted to $ 959 million.
- Natural flowers: The United States is its main destination. This product registered a 7% growth compared to the same period of the previous year and its sales value is $ 684 million.
- Cocoa and processed: Its main market is also the United States. These products had a growth of 1% compared to 2020 and in sales figures total $ 612 million.
- Wood and made of wood: Its main destination is China. This product registers the highest growth figure among the ten most exported: it grew 28% compared to 2020 and left $ 434,000,000 in exports
- Tuna and fish: Its main destination is the United States. Sales grew 11% compared to 2020 and total $ 276 million.
- Vegetable oils: Colombia is the main destination for these products. They obtained a 19% growth over the previous year and $ 140 million in sales.
- Broccoli: Its main destination is Japan. This product decreased 12% compared to 2020. In sales, it amounts to $ 114 million.
- Fruit juices and preserves: Its main destination, like most products, is the United States. These products grew 6% compared to 2020 and total sales of $ 81 million. (I)
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