Exports in Ecuador
Ecuador - ExportsThe latest data shows that the economy ended the first quarter on a brighter note, with economic activity in March growing at the fastest pace in nine months. This reflected an upturn in oil production, which sought to cash in on higher oil prices. Moreover, exports surged in the month and private consumption likely remained resilient. Household spending has been supported by a strong ongoing expansion in private credit and low levels of unemployment. While the economic recovery is underway, the political scene was once again shaken up in mid-May when President Lenín Moreno replaced the country’s finance minister for the second time in the span of a few months. Richard Martinez, a business-friendly figure, replaced María Elsa Viteri, whose short-lived tenure unsettled the market due to her allegedly poor communication with investors.
Ecuador - Exports Data
|Exports (USD billion)||24.8||25.7||18.3||16.8||19.1|
5 years of economic forecasts for more than 30 economic indicators.
|Exchange Rate||25,000||0.0 %||Jun 14|
|Stock Market||1,343||0.17 %||Jun 14|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
June 6, 2018
Consumer prices dropped 0.18% over the previous month in May, a slightly bigger decline than the 0.14% month-on-month fall in April.
May 14, 2018
According to the monthly indicator economic activity (IDEAC, Indice de Actividad Económica Coyuntural) released by the Central Bank of Ecuador, economic activity grew 1.1% over the same month of the previous year in March, following a revised 0.2% year-on-year rise in February (previously reported: 0.0% year-on-year). In month-on-month, seasonally-adjusted terms, economic activity increased 0.9% in March, following a revised 0.8% upturn in February (previously reported: +0.7% month-on-month).
May 8, 2018
Consumer prices declined 0.14% over the previous month in April, contrasting a 0.06% month-on-month rise in March.
April 6, 2018
Consumer prices increased 0.06% over the previous month in March, a smaller upturn than February’s 0.15% month-on-month rise.
March 30, 2018
The economy continued growing at a healthy pace in the fourth quarter of 2017, although it lost some steam from the previous quarter.