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Tires: one of the most curious products of the trade balance

Posted On 15 May 2017

Ecuadornews:

Bananas, shrimp or tuna are not the only products shipped that generate profits in Ecuador, nor everything that comes from the United States or Europe. The annual report of the Central Bank of Ecuador contains a breakdown of the 10 main products the country imports and exports to the nations of the world. There are curious facts about the destinations and origins, as well as the products.

From January to December 2016, Ecuador imported tires from Thailand ($ 5.1 million), Taiwan ($ 5.6 million), China ($ 55.1 million), South Korea ($ 10.2 million dollars) and Vietnam (2.02 million dollars). At the same time, tires are among the main exports to neighboring countries such as Bolivia ($ 2.6 million), Colombia ($ 17.1 million), Mexico ($ 4.6 million) or Venezuela ( $ 17.4 million).

According to this report, it is possible to make sure that Ecuador is an exporter of technological measuring devices, such as radars and topographic equipment, as well as appliances such as dishwashers or ovens.

 

SOURCE: http://www.expreso.ec/economia/neumaticos-en-ecuador-se-importan-de-asia-y-se-venden-a-paises-latinoamericanos-BA1323740

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