The economy of Ecuador is based mostly on exports of oil, bananas, shrimp, gold, other primary agricultural products and money transfers from nearly a million Ecuadorian emigrants employed abroad.

Capital City: Quito

Currency: US Dollar

Official language: Spanish

Population:16.298.217

Natural resources: bananas, cassava, tobacco, cocoa, tropical fruits, tubers and grains.

Worldwide share in import(2015): 0.13

Total imports:

US$ 17.793.224.263,90

Top import Commodities: Mineral Fuels (16.37%), Machinery (11.92%), Electrical Equipment (10.23%), Vehicles Other Than Railway or Tramway (7.05%) and Pharmaceutical Products (5.85%).

Top import Partners: United States of America (25.4%), China (15.7%), Colombia (8.8%), Panama (5.5%) and Peru (4.3%).

Trade Organisations: Andean Community of Nations, WTO, Unasur, ALADI, Bolivarian Alliance for the Americas, Mercosur(Associate).

Top Ports: Bahia De Caraquez, Esmeraldas, Guayaquil, La Libertad, Manta, Puerto Bolivar, San Lorenzo.

Worldwide share in export(2015): 0.11

Total exports:

US$ 21.299.254.206,16

Top export Commodities: Mineral Fuels (32.72%), Edible Fruit & Nut (17.11%), Fish & Crustaceans (16.92%), Preparations of Meat, Fish or Crustaceans (5.43%) and Live Trees & Other Plants (4.8%).

Top export Partners: United States of America (32.4%), Chile (6.8%), Vietnam (6.6%), Peru (5.6%) and Colombia (4.8%).

Trade Organisations: Andean Community of Nations, WTO, Unasur, ALADI, Bolivarian Alliance for the Americas, Mercosur(Associate).

Top Ports: Bahia De Caraquez, Esmeraldas, Guayaquil, La Libertad, Manta, Puerto Bolivar, San Lorenzo.

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Main movements of Ecuador