Exports from Ecuador rose 2 percent year-on-year to USD 1990.0 million in May 2019, driven by higher sales of commodity goods (1.3 percent), in particular shrimps (9.9 percent), bananas (3.2 percent), flowers (2 percent) and fish (33.9 percent); and industrial (4.7 percent), namely petroleum derivatives (53.4 percent) and chemicals & pharmaceutic products (22.5 percent). Exports in Ecuador averaged 758206.34 USD Thousand from 1979 until 2019, reaching an all time high of 2603522 USD Thousand in May of 2014 and a record low of 66062 USD Thousand in March of 1987.
Exports in Ecuador is expected to be 1750000.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Ecuador to stand at 196000.00 in 12 months time. In the long-term, the Ecuador Exports is projected to trend around 1980000.00 USD Thousand in 2020, according to our econometric models.