|
Economic Data of Ecuador
|
Variable |
Units |
2004 |
2005
|
2006 |
|
Population |
millions of inhabitants |
13 023 |
13 211 |
13 408 |
|
Gross Domestic Product |
millions of dollars |
30 015 |
20 285 |
... |
|
Gross Domestic Product |
annual growth rate |
6,9 % |
3,9 % |
4,30 % |
|
Per capita Product |
dollars |
2 577 |
2 701 |
... |
|
Inflation |
accrued change Jan-Dec |
2,0 % |
2,1 % |
2,9 % |
|
Worldwide Exports |
millions of dollars |
7 224 |
10 088 |
12 187 |
|
Imports from the World |
millions of dollars |
7 861 |
9 921 |
12 203 |
|
Exports inside the Andean Community |
millions of dollars |
783 |
1 369 |
1 648 |
|
- Share in exports to the rest of the world |
percentage |
10,8 % |
13,6 % |
13,5 % |
|
External Debt |
millions of dollars |
17 210 |
17 183 |
16 900 |
Source: Andean Community
Free Trade
Agreements
Andean Community
- CAN
Southern common
market – MERCOSUR
Andean
Generalized Preference System – ANDEAN GPS (European Union)
ATPDEA – Andean Trade Preferences for Drugs Eradication
Agreement (USA)
Latin American Integration Association – ALADI (LAIA)
Bilateral
Trade between Ecuador and India
Trade Balance
between Ecuador and India
|
Activity |
FOB (Values
in US$ Million) |
|
Exports |
36,093.96 |
|
Imports |
30,137.93 |
|
Trade Balance |
5,956.03 |
Source:
Central Bank of Ecuador
Currently, Ecuador’s exports
include not only petroleum, banana, shrimp, coffee and cacao but
also a series of new products, which have won widespread
acceptance in international markets. These include fresh
fruits: strawberries, mango, passion fruit, melon, papaya,
pineapple, etc.; processed fruits: preserves, dried
fruits, juices, concentrates, candied fruits, marmalades and
jellies; flowers: roses, baby’s breath, carnations,
chrysanthemums, etc.; sea food: shrimp, jumbo shrimp,
fresh fish, tuna; vegetables: string beans, asparagus,
artichokes, peas, cauliflower, palm heart, broccoli, etc.;
herbs and plants; herbals and medicinal teas: mint, boldo,
retania, valerian, etc.; industrial products: ceramics ;
wood derivatives in bulk, board, sheets and plywood ; textile
products etc. ; craft products: T-shirts, tagua figurines
and buttons, palmetto straw hats, decorative ceramics, balsa
wood figures, etc..
Exports to India
Tropical wood,
Newsprint, Crude Oil, Coffee, Tea, Spices, Chocolate &
Chocolate products, Waste & Scrap of iron and steel
Imports from
India
Vehicles and
accessories, Organic chemicals, Auto tyres, Misc. chemical
products, Plastic products, Iron/steel products, Pharmaceuticals
products etc.
Useful Links of
India
| Ministry of
Finance |
: |
http://finmin.nic.in/ |
| Ministry of
Commerce & Industry |
: |
http://commerce.nic.in/ |
| Reserve bank of
India |
: |
http://www.rbi.org.in |
| Fair and Trade
Events |
: |
http://www.indiatradefair.com/ |
| India Trade
Promotion Organisation |
: |
http://www.tradeportalofindia.com |
| Confederation of
Indian Industries |
: |
http://www.ciionline.org/ |
| Federation of
Indian Chambers of Commerce & Industry |
: |
http://www.ficci.com/ |
| Associated
Chambers of Commerce and Industry |
: |
http://www.assocham.org/ |
| PHD
Chamber of Commerce and Industry |
: |
http://www.phdcci.in/ |
Useful Links of
Ecuador
|
Exports and Investment Promotion Corporation of Ecuador (CORPEI)
|
: |
http://www.corpei.org |
| Federation
of Ecuadorian Exporters |
: |
http://www.fedexpor.com/ |
| Fairs and Trade Events |
|
www.feriasdelecuador.com |
| Central Bank of Ecuador |
: |
http://www.bce.fin.ec |
| Guide to invest in Ecuador |
: |
http://www.ecuadorinvest.org |
| Exporter Directory of Ecuador |
: |
http://www.ecuadorexporta.org |
|
Ministry for External Commerce,
Industrialization and Fisheries
|
: |
http://www.micip.gov.ec |
| Ecuadorian
Institute of Standardization |
: |
http://www.inen.gov.ec |
|