Attaché Report (GAIN)

Ecuador: Food Processing Ingredients Annual

The food processing industry is an important component of Ecuador’s manufacturing sector. This sector contributes 56 percent to Ecuador’s manufacturing gross domestic product and grossed $14 billion in net sales. Excellent sales prospects exist for U.S. food ingredient products to supply this industry.
Despite economic constraints and the continued COVID-19 pandemic, U.S. - Ecuador bilateral agricultural trade in 2021 rose to $3.8 billion. In addition, U.S. agricultural exports reached a record $587 million.