Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
27 JANUARY 2021 AL CIRCLE

Ecuador’s import of Aluminium Stranded Wire during 2018-20 reveals enterprising growth

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

Ecuador countered a worst economic downturn in 2020 due to the COVID-19 pandemic but is all set to rebound in 2021 as domestic and external demand gradually revives. Though, aspects of numerous risks linger which includes high unemployment, weighing on household spending, limited fiscal space to boost the recovery, and policy uncertainty ahead of February 2021 elections. FocusEconomics panellists project GDP to expand by 3.7% in 2021, which is up 0.6% points from last October’20 forecast. In 2022, the panel sees GDP growth moderating to 2.4%.

Ecuador’s import of Aluminium Stranded Wire

{alcircleadd}

The west coastal Latin American nation’s import of aluminium stranded wire during 2018-19 was recorded at 2995 tonnes and the revenue expenditure stood at $5.10 million. The import for 2020 remained at 2566 tonnes and the earning accounted to $3.23 million. However, when the import volume and expenditure of 2020 gets merged with the preceding two years, it denotes 5561 tonnes and $8.33 million respectively.

Ecuador’s import of Aluminium Stranded Wire

Ecuador’s import of aluminium stranded wire in 2018 remained at 1118 tonnes and the expenditure stood at $3.04 million, whereas, in 2019, the import saw a rise by 67.88%, as the import volume increased to 1877 tonnes, while the expenditure fell to $2.06 million.

The import for 2020 revealed an enterprising growth by 36.70%, as the import volume grew to 2566 tonnes and the expenditure also rose to $3.23 million.

Report on Global Aluminium Industry Outlook 2021

Ecuador’s major trading destinations for the import of Aluminium stranded wire are Chile, China and Colombia.

Tagged with:

Aluminium South america

Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : RUPANKAR MAJUMDER 2MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.