Major exports of Ecuador
Ecuador's major exports encompass a diverse range of products, including petroleum, bananas, shrimp, flowers, cocoa, fish and seafood, palm oil, coffee, processed food and beverages, and wood and wood products. These exports play a crucial role in the country's economy and have established strong trade relationships with key trading partners such as the United States, China, and European countries.
Petroleum
Petroleum is Ecuador's largest export, accounting for a significant portion of its revenue. The annual export volume of petroleum from Ecuador is estimated at around 420 million barrels, with a value of approximately $11 billion. Key trading partners for Ecuador's petroleum include the United States, China, and India.
Bananas
Bananas are one of Ecuador's most important agricultural exports. The country is one of the world's largest banana producers and exporters. The annual export volume of bananas from Ecuador is estimated at around 6.5 million metric tons, with a value of approximately $3 billion. Key trading partners for Ecuadorian bananas include the United States, Russia, and European countries.
Shrimp
Ecuador is a major exporter of shrimp and other seafood products. The annual export volume of shrimp from Ecuador is estimated at around 400,000 metric tons, with a value of approximately $2.5 billion. Key trading partners for Ecuadorian shrimp include the United States, China, and European countries.
Flowers
Ecuador is renowned for its high-quality cut flowers, particularly roses. The country's favorable climate and fertile soil make it an ideal location for flower cultivation. The annual export volume of flowers from Ecuador is estimated at around 1.5 billion stems, with a value of approximately $1.5 billion. Key trading partners for Ecuadorian flowers include the United States, Russia, and European countries.
Cocoa
Ecuador is known for its fine-flavored cocoa beans, which are highly sought after by chocolatiers around the world. The annual export volume of cocoa from Ecuador is estimated at around 250,000 metric tons, with a value of approximately $1.2 billion. Key trading partners for Ecuadorian cocoa include the United States, Germany, and Switzerland.
Fish and Seafood:
Ecuador's coastal waters offer a rich abundance of fish and seafood. The annual export volume of fish and seafood from Ecuador is estimated at around 300,000 metric tons, with a value of approximately $1 billion. Key trading partners for Ecuadorian fish and seafood include the United States, China, and European countries.
Palm Oil:
Ecuador is a significant producer and exporter of palm oil. The annual export volume of palm oil from Ecuador is estimated at around 500,000 metric tons, with a value of approximately $900 million. Key trading partners for Ecuadorian palm oil include China, the European Union, and India.
Coffee
Ecuador produces high-quality Arabica coffee beans, favored for their rich flavor and aroma. The annual export volume of coffee from Ecuador is estimated at around 500,000 metric tons, with a value of approximately $800 million. Key trading partners for Ecuadorian coffee include the United States, Germany, and Italy.
Processed Food and Beverages
Ecuador exports a variety of processed food and beverage products, including canned fish, fruit juices, and canned fruits. The annual export volume of processed food and beverages from Ecuador is estimated at around 400,000 metric tons, with a value of approximately $700 million. Key trading partners for Ecuadorian processed food and beverages include the United States, Colombia, and Peru.
Wood and Wood Products
Ecuador's abundant forests provide a valuable resource for the production of wood and wood products. The annual export volume of wood and wood products from Ecuador is estimated at around 1 million cubic meters, with a value of approximately $600 million. Key trading partners for Ecuadorian wood and wood products include the United States, China, and Mexico.
