Which of the following is a major export of Ecuador?

What are Ecuador’s most exported products give 5 examples?

The 5 biggest exported products from Ecuador are crude oil, crustaceans including lobsters, bananas and plantains, preserved or prepared fish and caviar, and fresh or dried flowers for bouquets or other ornamental purposes. Collectively, those 5 major goods represent 70.2% of Ecuador’s total exports by value.

What does US export to Ecuador?

Major U.S. exports to Ecuador include petroleum products, machinery, computers and electronic equipment, chemicals and fertilizers, transportation equipment, and cereals and grains. U.S. imports from Ecuador include crude oil, shrimp and prawns, bananas and plantains, cocoa, and cut flowers (particularly roses).

What are two of the most valuables exports for Ecuador?

Crude oil, seafood and bananas place among Ecuador’s highest value exports.

What is Ecuador’s number 1 export?

Crude oil and related products accounts for 58 percent of Ecuador’s exports. The country is also major exporter of bananas (9 percent); fish and shrimps (11 percent) and coffee and cocoa (4 percent). Main export partners are: United States (45 percent of total exports), Chile (8.4 percent) and Peru (8 percent).

What are the major industries of Ecuador?

Economy of Ecuador

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Main industries petroleum, food processing, textiles, wood products, chemicals
Ease-of-doing-business rank 129th (medium, 2020)
Exports $19.3 billion (2017)

Why is Ecuador so poor?

Ecuador is one of the countries that don’t require children to obtain an education. … Consequently, lack of education is one of the main causes of poverty in Ecuador. More than 60 percent of the population lives near the poverty line. Because of this, child labor is one of the main sources of income for many of families.

What items are the main imports of Ecuador?

Imports The top imports of Ecuador are Refined Petroleum ($2.97B), Coal Tar Oil ($1.17B), Cars ($855M), Packaged Medicaments ($528M), and Soybean Meal ($401M), importing mostly from United States ($4.72B), China ($3.77B), Colombia ($1.96B), Panama ($975M), and Brazil ($880M).

Who is the most famous person from Ecuador?

Famous people from Ecuador

  • Christian Benítez. Soccer. …
  • Rafael Correa. Politician. …
  • Antonio Valencia. Soccer. …
  • Mike Judge. Animator. …
  • Atahualpa. Deceased Person. …
  • Andrés Gómez. Tennis Tournament Champion. …
  • Jefferson Montero. Soccer Midfielder. …
  • Felipe Caicedo. Soccer Midfielder.

What are the major imports and exports of Ecuador?

Ecuador’s main export commodities are petroleum, bananas, cut flowers and shrimp. Its main export partners are the United States, Panama, Peru and Italy. Its main import commodities are vehicles, medicinal products, telecommunications equipment and electricity.