In October, exports grew 31% and imports 40%
The trend continues. Between January and October of this year, total exports reached $ 21,558.5, 31.0% higher than in the same period in 2020, according to the latest report from the Central Bank of Ecuador (BCE).
Oil exports increased by 78.4%, while non-oil exports in the analysis period increased 14.7%, reaching $ 14,067.8 million.
In the case of non-oil companies, products such as shrimp and tuna remain with the fastest growing this year. In the case of the first product, sales totaled $ 4,174 million until October; that meant 31.7% more, leaving behind bananas ($ 2,892 million, which until October sold 7% less.
In tuna and fish, on the other hand, $ 302.6 million were billed, and in canned they were $ 1,060 million more, which is equivalent to increases in shipments of 11.2% and 7.3%. respectively.
Imports are growing at a faster rate. In the period from January to October 2021, total purchases from Ecuador to the world reached $ 19,226.5 million, a higher level of $ 5,507.2 million (40.1%), in relation to external purchases made in the similar period of 2020.
The Total Trade Balance registered a surplus of $ 2,332.0 million, $ 406.9 million less than the result obtained in the same period of 2020.