Meet the star of Ecuadorian exportsPublished on 23 October 2017
A great advantage of being a country located in the middle of the world, is having the perfect conditions to be able to plant different types of fruits. Thanks to this, Ecuador has become the largest banana producer in the world. Taking advantage of this advantage, over time has also become one of the main banana exporters globally, supplying 30% of the global supply. In countries like Russia, 94% of banana imports come from Ecuador.
In terms of figures, during the last two years the export of bananas has exceeded 2,700 million dollars. Up to August of this year, exports reach USD 2,319 million and exports are expected to be surpassed during the rest of the year.
In 2015, more than 6 million kilos were exported to different countries of the world, but in 2016 there was a small decrease with 5.951 million kilos. In what val year is exported 4.394 billion, with the same hope that can be surpassed in these remaining 3 months of the year.
The main countries to which Ecuador has exported during the past year have been the following:
The Ecuadorian banana has managed to conquer giants like Russia, USA and Germany.
In 2017, a new giant joined as China is and also joined Argentina and Saudi Arabia to the top 8..
The success of banana in recent years is due to various factors, such as the variety that Ecuador has or the agreements that have been achieved. For example, this year a new trade agreement with the European Union was put into effect, in which it may have more force to exceed the figures of previous years. Ecuadorian bananas are an emblem for Ecuadorian exports! Would you like more information? With Veritrade you can have all the foreign trade data you need. Log on to: http://bit.ly/2z2rxLa and request your free trial.