China, the European Union and the United States are consolidated as the top destinations for Ecuadorian exports in 2023, according to the latest report from the Ecuadorian Export Federation (Fedexpor) on exports between January and October, with shrimp and bananas topping the list for the most exported products to that country. markets. 66% of exported value not related to oil and mining was concentrated in these three main destinations.
By October, China was Ecuador’s top destination for non-oil and non-mining supplies, according to FedExport. During this period, non-oil and non-mining exports to the Asian country decreased by 0.02%.
Exports to the Asian giant amounted to 3,737 million dollars in that period, which is 24% of Ecuador’s total exports without oil and mining, which in these ten months reached 15,601 million dollars, which represents 60% of the country’s total exports. .Earth.
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Shrimp is Ecuador’s number one export product in the Chinese market with $3.334 million from January to October, down -2% in value but up 21% in volume. Bananas followed with 138 million dollars of exports and a growth of 62% in value and 49% in quantity. However, exports for that animal feed market increased the most, the value of which increased by 77 percent, from 59 million dollars, and the quantity by 64 percent.
The European Union, as the second commercial destination, recorded an increase of 12% in the same period. 3301 million dollars were exported to that destination, mostly shrimp ($978 million) and bananas ($887 million). Both products showed growth in values of 6% and 26%, respectively, and in volumes of 10% and 19%, according to FedExpor data.
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The United States, for its part, represented exports of $3,251 million, down 3% compared to the same period from January to October 2022. However, shrimp ($1,209 million) and bananas ($459 million) were also on at the top of the list are the products that are most exported to that market.
Here are the top 10 non-mining and non-oil products from January to October:
Source: Eluniverso
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