EXPORTS OF ECUADOR
The external commerce has played a very important paper in the national economy.
The increaments or crisis in the exports have determined times of peak or of recesion in our economy.
Until last year the exports, especially of agricultural products, they permitted to the country make up for of the losses occasioned by the you/he/she/it go down in the costs of the petroleum. However, the balance that leaves 1998 in our exports is negative. Several factors influence in it: the crisis of the Asian countries, the descent of the coins, the crack financial worldwide, the fall of the costs of the materials cousins and the reduction of the worldwide demand, to more than the social problems and internal politicians of the country. To this one must add a natural factor, the phenomenon of The Boy. Four of the ten farmer products of more important export of the country has been very affected: banana tree, cocoa (in grain and industrialized), coffee and shrimp.
The country lost of 25000 ha. From plantations of banana, 2724 camaroneras pools and 1000 there is. From cultivations in the county of Manabí. Therefore, the balance of the exports during 1998 was in red. To commencements of 1999 an improvement is noted.
For 1998 the total of the Ecuadorian exports, was from 4203 millon dollar, inferior in one million dollar with concerning the previous year.
I from this mount total of exports, the primary products follow representing the principal cost. In 1998 the total of exports of primary products was from 3199 millon dollar, and the of industrialized products was from 1000 millon dollar.
The more important of highlighting is the decrease in the exports of raw of petroleum, in 1997 was from 1070 millon dollar and during 1998 this is reduced practically to the half; the other cost also has important descents, due fundamentally to the international problems and to the phenomenon of El Niño.
Export of primary products