The following export product groups represent the highest dollar value in Ecuadorian global shipments during 2019. Also shown is the percentage share each export category represents in terms of overall exports from Ecuador.
Mineral fuels including oil: US$8.7 billion (39.2% of total exports)
Fish: $4.2 billion (19%)
Fruits, nuts: $3.5 billion (15.6%)
Meat/seafood preparations: $1.2 billion (5.4%)
Live trees, plants, cut flowers: $887 million (4%)
Cocoa: $763.9 million (3.4%)
Wood: $463.7 million (2.1%)
Vegetable/fruit/nut preparations: $215.8 million (1%)
Vegetables: $208.3 million (0.9%)
Gems, precious metals: $204.1 million (0.9%)
Ecuador’s top 10 exports account for 91.5% of the overall value of its global shipments.
Vegetables represent the fastest grower among the top 10 export categories, up by 23.8% from 2018 to 2019. In second place for improving export sales was wood via a 21.5% gain. Ecuador’s shipments of fish: posted the third-fastest gain in value up by 18.9%.
The leading decliner among Ecuador’s top 10 export categories was the vegetable, fruit and nut preparations thanks to a -9.1% drop year over year.
At the more detailed four-digit Harmonized Tariff System code level, Ecuador’s most valuable exported products is crude oil (34.6% of its overall total). In second place was lobsters including crustaceans (17.5%) trailed by bananas and plantains (14.8%), preserved or prepared fish and caviar (5.3%), refined petroleum oils (4.2%), fresh or dried flowers (3.9%), cocoa beans (2.9%), gold (0.9%) then frozen vegetables (0.7%).
— Read on www.worldstopexports.com/ecuadors-top-10-exports/
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Amer Experience – Eco Lassi Pensikkala operates as an international business development professional and buying agent for the companies in Ecuador, Peru, Colombia and North Europe
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Eco. Lassi Pensikkala
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Studied Economy, Psychology and Sociology at the University of Hamburg Germany
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