Zamora Chinchipe, Los Ríos and El Oro achieved growth of between one and two digits between January and October 2021.
The private sector sales Little by little they are recovering from the strong blow caused by the health crisis caused by the COVID-19 pandemic in 2020. The dynamism is reflected in the growth registered until October by the Quito Chamber of Commerce (CCQ).
In the first ten months of the year It was sold nationwide for a value of $ 124,895 million. The amount is 19% higher than that registered during the same period in 2020, year in which only $ 104,585 million were registered.
Nine provinces They were the ones that pushed that good performance this year: Guayas, Santa Elena, Santo Domingo, Manabí, Los Ríos, El Oro, Zamora Chinchipe, Bolívar and Sucumbíos. These also exceeded what was achieved in 2019.
Of these provinces, the one that grew the most was Zamora Chinchipe, with an increase of 56.8% compared to 2019 and 100% compared to 2020.
In cantons, Quito and Ambato have not yet recovered their prepandemic sales level. The performance of the capital, for example, is 6.5% lower than in 2019, points out the CCQ.
The guild estimates that, at the end of 2021, Ecuador’s private sales reach a growth rate of 18.0% compared to 2020. However, compared to 2019 a variation of -0.7% is estimated.
Sectors that grew the most
According to the private sales data of the Quito Chamber of Commerce (CCQ), 6 sectors out of 23 were those that registered a good performance between January and October 2021 compared to the same period of 2019.
The growth of these items is in the order of 1% to 20%, with the mining the activity with the best performance in the first ten months of 2021.
| Economic sector | Variation 2019 vs. 2021 |
|---|---|
| Wholesale and retail trade | 1,2 % |
| Manufacturing industries | 2,7 % |
| Agriculture, forestry and fishing | 11,8 % |
| Mining and quarrying | 20,9 % |
| Accommodation and food service activities | 3,7 % |
| Water distribution; sewerage, waste management and sanitation activities. | 12,3 % |
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