Ecuador: Exporter Guide
Despite slower growth forecast for 2016 and measures to restrict imports, Ecuador offers U.S. food and agricultural product exporters a number of trade possibilities. Younger, lower and middle-income consumers’ purchasing power and appetite for imports continues to strengthen. Domestic production cannot meet consumer demand, necessitating continued imports of food and other essential goods imports. U.S. exports of food and agricultural products to Ecuador in CY 2015 (through September) at $285 million are down $45 million, 12 percent compared to 2014. FAS Quito forecasts U.S. food and agricultural exports to Ecuador to still reach $400 million in CY 2015.
