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Industry and Trade
Inside of a industrial plant
Shoppingmalls are very successful throughout Ecuador
Good logistics is essential for the success of a company
Best Electrical appliance companies
Best wholesale distributors
Top 5 companies according to Ekos Magazine:
1. Textiles Texsa SA
2. Textil San Pedro SA
3. Royaltex S.A.
4. Impordenim Importadora Textil Cia. Ltda
5. Textiles del Pacífico TEXPAC Cia. Ltda
The metal industry of Ecuador (including electrical
appliances) exported $302 million USD’s worth of
goods in 2009, four times more than the $69 million
USD of 2001. However, 2009 was a year of crisis in
this sector and as a result, since then there has been
a 15% decrease in sales.
According to Ekos Magazine the top 5 largest metal
industry companies are:
1. Ideal Alambrec SA
2. Industria de Soldaduras y Metales Insomet C.L.
3. Industrias Clavec C Ltda
4. Acería del Ecuador CA Adelca
5. IPAC SA
Security, financial crisis and blackouts were between
the most important factors that led to negative indi-
cators in 2009. According to the information provided
by the Central Bank of Ecuador, this sector repre-
sented a reduction by 2,35% in its activity. However,
wholesale distribution remains the most important
activity in the GDP structure (approximately 15%).
The Coordinating Ministry of Production presented
other significant numbers, asserting that 6 out of 29
activities presented positive indicators. It is important
to mention that these activities concentrate 51% of
total sales of the sector and 50,2% of employees
in the country. Among activities that belong to this
group are sales of household products, food, bever-
ages and tobacco, sales of fuel, that represented an
average increase of 2,4%.
Top 5 companies:
1. 3M Ecuador CA
2. Havells Sylvania N.V.
3. Distribuidora Vecemar Cia. Ltda
4. Oficina Comercial Raymond Wells Cia. Ltda
5. Johnsonwax del Ecuador S.A.
The financial crisis led to a significant decrease in
the consumption of electrical appliances globally. In
absolute values, this sector presented a reduction
of 30% in sales, which corresponds to $100 million
USD. In terms of exports, this reduction was even
greater with a fall of 50%
According to Ekos Magazine, the top 5 largest appli-
ances companies are:
1. Television y Ventas Televent S.A.
2. La Casa del Electrodomestico Electroexito Cia.
Ltda
3. Teka Ecuador S.A.
4. Comohogar S.A.
5. Marcimex S.A.
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