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Five challenges for Ecuadorian exporters as a result of the war

RIO DE JANEIRO, BRAZIL - Five weeks -almost six- after the start of the Ukraine conflict and the unprecedented damaging sanctions against Russia, the Ecuadorian export sector recorded losses of US$85 million, equivalent to 6% of total non-oil and non-mining exports to the world in March 2022. Faced with this situation, businessmen are looking for new targets and are asking for assistance in accelerating agreements with Asian markets.

What are the challenges facing Ecuadorian exporters? There are at least five:

  • Backlogged receivables
  • Low prices due to oversupply in other markets
  • Increased input . . .

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