Imports to Ecuador plunged 41.1 percent over a year earlier to USD 1173.7 million in May 2020, due to lower purchases of commodities (-12.5 percent), of which industrial (-11.5 percent) and construction materials (-54.6 percent); capital (-51.9 percent), mainly industrial (-33.8 percent), transport equipment (-78 percent) and agricultural (-41.7 percent); and consumption goods (-34.7 percent), mostly non-durable (-5.7 percent) and durable (-72.3 percent); and fuels & lubricants (-78.5 percent).
Imports in Ecuador averaged 891652.57 USD Thousand from 1985 until 2020, reaching an all time high of 2592365 USD Thousand in October of 2014 and a record low of 117453 USD Thousand in March of 1985. This page provides - Ecuador Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Imports - values, historical data and charts - was last updated on August of 2020. source: Banco Central del Ecuador
Imports in Ecuador is expected to be 1820000.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Ecuador to stand at 2400000.00 in 12 months time. In the long-term, the Ecuador Imports is projected to trend around 2600000.00 USD Thousand in 2021, according to our econometric models.