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Agriculture
Primary markets of fruit exports for Ecuador are
countries of the European Economic Block and
Russia, which in aggregate represent 70% of the
total demand.
Production costs vary from $ 3,50 USD to $ 4,50
USD and therefore in times of low prices both ex-
porters and farmers would incur losses.
Top 5 companies:
• Discoverban S.A.
• Grubafal S.A.
• Industrial y Agricola Canas CA
• Banalcar S.A. – Banalcarsa
• Batiel S.A.
5. Chocolate and confectionery products companies
The first important player in the confectionery
market of Ecuador is Cadbury with the best per-
formance indicators, such as rotation of assets,
profitability and administrative management.
Production of cacao in Ecuador is being trans-
formed into one of the most important activities
of companies involved in export business. Various
international chocolate companies have recog-
nized the exceptional quality of cacao in the coun-
try. The study realized by Nestle has shown that
every Ecuadorian consumes an average of 1 kg
and a half of chocolate per year.
Top 5 companies:
• Cadbury Adams Ecuador S.A.
• Chocolates Finos Nacionales COFINA
• Confiteca C.A.
• Universal Sweet Industries, S.A.
• Ferrero del Ecuador S.A. Industria de Dulces y
Alimentos
• Wood Processing Industry
The Wood processing industry was one of the
sectors that most suffered from the economic cri-
sis with sales decreases between 20% and 30%.
The furniture segment suffered the biggest reduc-
tion in sales that, according to estimations, repre-
sented from 150% to 200% decrease in compari-
son with 2008.
Top 5 companies:
• Novopan del Ecuador SA
• Plywood Ecuatoriana SA
• Delegación Ecuatoriana de Balsaflex España,
DEL.E.B.ES. C. Ltda
• Servicios y Trabajos Forestales Setraforr Cia.
Ltda.
• Aglomerados Cotopaxi Sociedad Anonima
• Milk and Dairy Products
Ecuador produces around 4,6 mln litres of milk
daily and the country is an important exporter of
milk and dairy products in Latin America.
According to sales figures, dairy products are
the most important ones within the group of food
and beverages. The sector has grown 19% dur-
ing 2009 that corresponds to a sales increase by
$103 million USD in comparison with 2008.
According to VII Ekos de Oro Magazine, the sec-
tor is also the most significant one in terms of em-
ployment with more than 3 620 direct jobs created
in 2009.
Top 5 companies:
• Lacteos San Antonio CA
• Empresa Pasteurizadora Quito SA
• Helados SA
• Pasteurizadora El Ranchito Cia. Ltda
• Industrias Lacteas Toni SA
• Fishery and Acuaculture
There has been registered a production decrease
by 9,34% in 2009 with respect to the third trimes-
ter of 2008. Such a behavior is explained by the
reduction of production within the shrimp and
fish segments with 3,99% and 27,17% decrease
respectively, compared to the third trimester of
2008. However, when analyzing total results of
this activity in 2008, we can see an increase by
6,51% with respect to 2007.
For the last trimester of 2009, the production of
fish registered an increase by 5,41% compared to
the third trimester.
Top 5 companies:
• Empresa Pesquera Polar SA
• Tadel S.A.
• Industria Atunera S.A. Induatun
• Técnica y Comercio de la Pesca C.A. Tecopesca
• Pesquera Marycielo Cia. Ltda