Ecuador trade balance with China in the negative, Banana sales down significantly

Posted on October 15, 2011 • Filed under: Agriculture, Business, China, Economy, Ecuador

The tendency of business to China is still the same, according to figures from the past three years. In Ecuador is still increasing number of imported products it sold. Between January and July this year, China sold $ 116.3 million, according to the Ecuadorian Federation of Exporters (FEDEXPOR). This facing 1212.5 million, which were imported between January and August, according to Central Bank figures.Looking back in 2010, the difference is similar. That year exported 320, 9 million dollars in products against an import of $ 1,438, 4 million. In 2009, exports were lower, only reached $ 121 million compared to 1.016 million of imports. Read Article

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