Fedexpor Holder says that drop in exports exceed 4%

Image: El Universo

The executive president of the Ecuadorian Federation of Exporters (Fedexpor), Felipe Rivadeneira, said Friday that this year has been a bit complex for the sector due to the drop in non-oil exports, 4% until August of this year.

“This year has been a bit complex for the export sector there has been a fall of 4% in non-oil exports according to official figures from the Central Bank of Ecuador,” Rivadeneira, said in the news program of Ecuavisa TV.

Reports of the Central Bank of Ecuador indicate that up to August 2015, total exports have fallen by 28% due to the oil collapse.

Source: http://www.eluniverso.com/noticias/2015/11/06/nota/5224905/titular-fedexpor-dice-que-porcentaje-caida-exportaciones-sobrepasa