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Sales of shrimp, tuna and coffee fell, according to BCE

Posted On 20 Nov 2015
Tuna, shrimp and coffee have reduced their international sales.

Tuna, shrimp and coffee have reduced their international sales.

Three of the five traditional products Ecuador sells abroad show a decline in exports. Shrimp, tuna and coffee have reduced their revenues generated by international sales between 12.7% and 19.9%, according to the Central Bank of Ecuador (BCE).

Likewise, 9 of the 21 non-traditional export items, including canned fish and mining products have also registered lower sales. In some cases up to 29.2%, like mining products, according to the BCE (Central Bank of Ecuador for its Spanish acronym).

In general, the figures up to the third semester, show a drop of 28.5% in exports, most of this impact is linked to the fall in oil prices.

However, while the previous year’s non-oil exports had gone up a 18.03% compared with the same period of 2014, now the same products show a drop of 5.6%.

According to the BCE, shrimp exports in tons rose 15.8%, but the unit price of the product fell 24.6%. In contrast, exports of bananas, a product that means 24.4% of sales abroad went up a 9.6%.

Source: http://www.eluniverso.com/noticias/2015/11/20/nota/5250102/venta-camaron-atun-cafe-cayo-segun-bce

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