Ecuador’s economy is presently on a fast process of modernization. For this purpose a series of structural, legal and administrative reforms have been promoted. The purpose of these have been to open the economy to the world market, to increase efficiency in all productive activities, to diminish the State intervention in the economy, and to fortify non-traditional sectors.
During the past decade Ecuador has undertaken a broad program intended to re-establish macro-economic equilibrium and to create a healthy economy. Relevant measures such as dollarization have been implemented and outstanding results have been achieved, improving local and international perception of economic management.
Along with the process of
economic reactivation, Ecuador has carried out a series of measures in order
to improve the nation’s entry into the world scene. In this respect,
renegotiation of the foreign debt, opening to foreign capital, entry into the
World Trade Organization (WTO), approaching the Pacific Rim countries, and
progress in the integration process are some elements that currently assure
Ecuador a wider and more effective participation in international business,
finance and technology currents.
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..
For further information, please contact the
COMMERCIAL OFFICE OF ECUADOR
Tel: (+) 46 (0) 8- 667-6566
Tel./Fax: (+) 46 (0) 8- 667-6766
If you want to know about the agricultural sector, we invite you to visit the following address:
111 53 Stockholm
(46-8) 679 6070
Fax: (46-8) 611 5593
E-mail (Presione Aquí / Click Here)