As per the National Export Initiative NEI, Embassy Quito remains committed to supporting U.S. companies to start exporting or grow their exports to Ecuador. In this section, you’ll find a quick description of Ecuador as an export market and some suggestions for getting started.
Ecuador, with a population of 16.5 million inhabitants, is a small-to-medium market for U.S. exports. In 2016, U.S. exports to Ecuador accounted for $3.9 billion, a 25% share of the country’s imports. The U.S. is Ecuador’s top trading partner.
Ecuador’s real annual GDP growth was -1.5% in 2016, with nominal GDP totaling $97.8 billion. Despite its unpredictable economic and trade policies, Ecuador remains a market with significant potential for U.S. firms, as Ecuadorian consumers view American products as attractive and high-quality. Ecuador is a member of the World Trade Organization (WTO) and CAN (Andean Community of Nations).
Both the Embassy in Quito and the Consulate General in Guayaquil stand ready to assist U.S. firms in developing successful commercial relationships with Ecuadorian partners.
The Country Commercial Guide is a comprehensive reference on the commercial and investment landscape in Ecuador.
For Ecuadorian firms seeking U.S. products and connecting with U.S. suppliers, the U.S. trade shows list is a useful tool.