Exports in Ecuador

Ecuador Exports | Economic News & Forecasts

Ecuador - Exports

The 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

2013  2014  2015  2016  2017  
Exports (USD billion)24.8  25.7  18.3  16.8  19.1  

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Ecuador Facts

Exchange Rate25,0000.0 %Jun 14
Stock Market1,3430.17 %Jun 14

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