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Guayaquil
AIR CARGO
Guayaquil annually mobilizes approximately
70,000 air cargo tons, of which over 78% (55,000
tons) corresponds to exports and the rest imports.
It has built an area of 14,430 meters square to get
dry and refrigerated cargo, which are the new air
cargo terminal that has been built adjacent to the
Jose Joaquin de Olmedo Airport.
IN GUAYAQUIL are located 24 OF 50 COUN-
TRY’S NO OIL LARGEST PRIVATE COMPANIES
According to the Superintendency of Companies,
(2009), in Quito were located 22 of these com-
panies, and the remaining 4 were located in two
cities, namely: Montecristi; Sangolquí, Eloy Alfaro
(Duran) and Cuenca.
GUAYAQUIL IS AN INDUSTRIAL CITY
According to the same data from the Superintend-
ency of Companies, while in Ecuador, the eco-
nomic activity classification is 40% engaged in
trade, 39% for industry and the remaining 21% to
other activities, in Guayaquil the classification is
49% industry, 39% trade and 12% other activities.
In 2008, there were located in Guayaquil 2,053
industrial firms, which accounted for 41% of in-
dustrial companies nationwide, and 95% at pro-
vincial level.
According to the survey of the “most recalled
brands of Ecuador” (Journal Vistazo, November
19, 2009), 38% of those companies are affiliated
to the Chamber of Industries of Guayaquil.
Guayas industry employs 37% of people working
in the manufacturing sector nationally.
Between 2004 and 2007, Guayas industry had a
share over 35% of the national industrial GDP.
The most dynamic industries at the national level
are part of the food industry (fish, meat, miscella-
neous food products, sugar, cereals and bakery).
Most of these businesses are affiliated with the
Chamber of Industries of Guayaquil.
Guayas industry recorded in 2008 total assets of
$ 4,623 million, equivalent to 39% of the domestic
industry, valued at U.S. $ 11.721 million
The sales of the Guayas industry– the domestic
market with more exportation in
2008, were $ 5,914 million and represented 36%
of national total sold by the industry. For 2009, is
projected a value around $ 6800 million.
GUAYAQUIL PROVIDED APPROXIMATELY 30%
OF THE TAX REVENUE OF ECUADOR
According to SRI, in August 2010 of $ 4812.28
Million were raised by taxes in Ecuador, and
Guayaquil provided $ 1351.44 million (28.1%).
Last year, these revenues accounted for 28.8%
of the total.
Guayaquil is the most important market power
city.
In 2009, sales of “Eléctrica de Guayaquil” repre-
sented 27.9% of national total
Natural resources
Guayaquil is located on very fertile soil that allows
for a rich and varied agricultural and livestock pro-
duction. People grows cotton, oilseeds, sugar cane,
rice, bananas, cocoa and coffee, mango, passion
fruit, papaya, melon,etc. Guayaquil exports flowers
and tropical plants.
Also noteworthy is the production of fisheries.
Guayaquil base much of their economy on seafood
such as shrimp, tuna, sardines, etc. They have sea-
food for both domestic consumption and for export
usually, naturally or canned. Most of the fleet and in-
dustry is settled in the area of the Gulf of Guayaquil.
Guayaquil also exports wood (guasango, palo santo,
muyuyo, pegapega, chipra, mosquero and cardo)
that are able to withstand long droughts. There are
numerous poultry farms and cattle and pigs ranches.
In the Gulf area there are natural gas deposits of
Night viewof the“Salado”embankment bridge