Balanza Comercial del Ecuador, evolución 2009-2019

Abstract

Abstract:This paper aims to demonstrate that Ecuador is a country rich in flora, fauna and especially in natural resources such as oil; it also has tourism, agriculture, fishing, floriculture, etc. In this work it is intended to analyze the trade balance in its last 11 years (this corresponds to the period 2009 2019) where we will realize that its balances have been negative, this research is focused on the effect produced by only having the export of oil and the import of its derivatives, or what effects it would have if we did not have oil as our main export product, in this case exports and imports of non-oil products. It will be reviewed which are its main economic partners, the countries to which it has a greater volume of export and import, it will be reviewed if Ecuador has been an open or protectionist country. Finally, conclusions, comments and recommendations will be made on the balance presented by the trade balance in the period described above.