Oil did not infect private sales

Image: Expreso

In the two years of the cheapest oil in the last decade, trading partners have allowed the country to export more than in the previous two years (2012 and 2013) when exporting oil was like having money trees.

In 2014, the the collapse of commodity prices began, but Ecuador sold 1.800 million more. From 10,851 million in non-oil exports to 12,431 million. And in 2015, even with a lower sales rate than 1.000 million, foreign trade in the country continues to raise 800 million more than in 2013 and 1,500 million more than in 2012.

The figures of the Central Bank of Ecuador also show that trading partners of the country have contributed to the national economy despite the weakening of their own performance. Of the five major export destinations, only the first and last have grown in 2015. And they have done it gently.

Source: http://expreso.ec/economia/el-petroleo-no-contagio-a-las-ventas-privadas-FI208061