Income from oil, compressed by half

Image: Expreso

Last year, due to the falling oil prices, exports of this ‘commodity’ deflated to 6.697 million dollars: 49.6% less than the 13.302 million dollars the country perceived in 2014. Other primary products (in natural state, without industrialization), such as shrimp, tuna and fish did not help much, excepting bananas and cocoa, which had a better financial year.

Total exports revenues of goods and services in the country reached 18.365 million dollars in 2015, far from 25.732 reached in 2014 (28.6% less).

Source: http://expreso.ec/expreso/plantillas/nota.aspx?idart=8879718&idcat=38269&tipo=2