About Ecuador
Ecuador is a country straddling the equator on South America’s west coast. Its diverse landscape encompasses Amazon jungle, Andean highlands and the wildlife-rich Galápagos Islands. In the Andean foothills at an elevation of 2,850m, Quito, the capital, is known for its largely intact Spanish colonial center, with decorated 16th- and 17th-century palaces and religious sites, like the ornate Compañía de Jesús Church.
Country Name: Ecuador
Region: South America
Capital: Quito
Official Language: Spanish
Currency: United States dollar (USD)
Population: (update to current data)
Time Zone: Ecuador Time (ECT)
Major Cities: Quito, Guayaquil, Cuenca, Santo Domingo, Machala
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Trade Overview:
Ecuador’s economy is the eighth largest in Latin America and mainly based on petroleum and agricultural products. Ecuador is known for its production of bananas, flowers, and shrimp.
Major Imports: Refined petroleum, cars, packaged medicaments, telephones, delivery trucks
Major Exports: Crude petroleum, bananas, crustaceans, processed fish, cut flowers
Import/Export Regulations:
Ecuador’s import/export regulations are relatively straightforward, but certain goods may require specific permits or licenses.
Trade Agreements:
Ecuador is a member of the Andean Community (CAN) and has a trade agreement with the European Union.
Business Culture:
Business culture in Ecuador is quite formal. Personal relationships are very important, and meetings often start with social conversation.
Links to Listings:
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