Category

The prices of products imported from the European Union will fall, but remittances sent by migrants will also fall. The euro fell on September 5 to its lowest value for almost 20 years against the dollar, closing at USD 0.99. The revaluation of the dollar against the euro is...

In the first half of 2022, the trade balance with China was favorable for Ecuador. For the first time, the value of exports exceeded the amount of imports with the Asian country. This is demonstrated by data from the Central Bank, processed by the Ecuadorian Federation of...

The euro traded at USD 0.99 on the day of September 5, 2022, due to the threat of a recession in the eurozone. The euro fell to the lowest value for almost twenty years against the dollar on September 5, 2022. The European currency fell below USD 0.99, due to the threat of a...

Dollarization and fuel price fixing offset the impact of world inflation in Ecuador, while in Argentina it will reach 90%. Inflation in Ecuador will close at 3.5% annually in 2022, according to Citi Research, which does not foresee a pronounced rise in prices in the country. In...

That supermarkets and international customers, especially Europeans and Americans, pay less for bananas is a problem that banana exporters and producers in Ecuador and throughout the region have had to deal with. In Ecuador, the current minimum price is $6.25 per box for export...

The country lost before a court in Santiago de Chile, which ordered the payment of USD 11 million to the oil company Gente Oil. The conflict started in 2018. The State Attorney General’s Office filed an appeal for annulment of the international arbitration award in favor of...

The Ecuadorian “unicorn” and payment platform Kushki will buy the startup Billpocket to expand in Mexico. Ecuadorian “unicorn” Kushki, an online payment platform serving Latin America, will buy Mexican startup Billpocket , Kushki said on August 17, 2022....

The public company Postal Services of Ecuador will allow shipments of packages of up to 30 kilograms. Fees can reach USD 55. The public company Servicios Postales del Ecuador reported on August 17, 2022 that it will send and receive international packages. In this first phase,...

The French shipping company CMA CGM officially began operating on Thursday, August 11, 2022 from the DP World deepwater port in Posorja . This shipping service offers a direct connection with the Asian market, which improves the offer in terms of maritime transit times. Asia is...

According to the official gazette of the EU, the importation of aquaculture products from Brazil, Colombia, Costa Rica, Ecuador, Honduras, Mexico, Peru, Panama, from 12 Asian countries and finfish from fish farming from Morocco were authorized. Ecuador is one of the countries...