What does US export to Ecuador?
Major U.S. exports to Ecuador include petroleum products, machinery, computers and electronic equipment, chemicals and fertilizers, transportation equipment, and cereals and grains. U.S. imports from Ecuador include crude oil, shrimp and prawns, bananas and plantains, cocoa, and cut flowers (particularly roses).
What does Ecuador import from USA?
Ecuador’s main export commodities are petroleum, bananas, cut flowers and shrimp. Its main export partners are the United States, Panama, Peru and Italy. Its main import commodities are vehicles, medicinal products, telecommunications equipment and electricity.
What are major exports of Ecuador?
Exports include crude oil and derivatives, shrimp, bananas, coffee, cut flowers, cocoa, and Panama hats. Ecuador’s principal export destinations are the United States, Peru, China, Chile, and Panama.
What product is Ecuador the top exporter of?
It is the world’s largest exporter of bananas ($3.38 billion in 2017) and a major exporter of shrimp ($3.06 billion in 2017)….Economy of Ecuador.
| Statistics | |
|---|---|
| Exports | $19.3 billion (2017) |
| Export goods | petroleum, bananas, cut flowers, shrimp, cacao, coffee, wood, fish |
Where do most Ecuadorians live in USA?
States with highest Ecuadorian population
- New York – 228,216 (1.2% of state population)
- New Jersey – 100,480 (1.1% of state population)
- Florida – 60,574 (0.3% of state population)
- California – 35,570 (0.1% of state population)
- Connecticut – 23,677 (0.7% of state population)
- Illinois – 22,816 (0.2% of state population)
Who are 2 famous people from Ecuador?
Famous people from Ecuador
- Christian Benítez. Soccer.
- Rafael Correa. Politician.
- Antonio Valencia. Soccer.
- Mike Judge. Animator.
- Atahualpa. Deceased Person.
- Andrés Gómez. Tennis Tournament Champion.
- Jefferson Montero. Soccer Midfielder.
- Felipe Caicedo. Soccer Midfielder.
What are the imports and exports of Ecuador?
During the last five years the imports of Ecuador have decreased at an annualized rate of -5.2%, from $25.3B in 2012 to $19.3B in 2017. The most recent imports are led by Refined Petroleum which represent 8.83% of the total imports of Ecuador, followed by Coal Tar Oil, which account for 5.69%.
How many tons of bananas does Ecuador export?
From baby banana to green bananas the country exports them all reaching 215 million tons of bananas that they export to countries like China, the United States, the European Union, Russia and Turkey among others. The production of bananas in Ecuador is limited by the government which restricts farm sizes.
Who are the main consumers of Ecuadorian shrimp?
The US, Japan and EU are other main consumers of the Ecuadorian shrimp. Ecuador offers tax breaks for countries coming from the European Union market as well as the Columbian market which has seen an increase in the vehicles imported into the country recently. This has impacted their domestic manufacture of vehicles.
How is specialization of products measured in Ecuador?
Specialization is measured using RCA, an index that takes the ratio between Ecuador observed and expected exports in each product.