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China surpasses the United States as Ecuador’s trading partner- Ecuador Times

Date: Jan 21, 2020

For the first time, China becomes the second commercial destination for non-oil exports in Ecuador, surpassing the United States and behind the European Union.

This is reflected in the report of the Ecuadorian Federation of Exporters (Fedexpor) prepared with the figures of the Central Bank of Ecuador (ECB).

1925 million dollars were registered – between January and November 2019 – with a 78% share in total sales.

Followed by the banana with $ 211 million and the wood with $ 96 million. The three products have 91% market share and total $ 2232 million in exports totaling $ 2462 million.

To read the full article on Ecuador Times, click here.