Ecuador is an important market for Canada, ranking sixth in the region for goods exports and seventh for Canadian investment in the region. Its agriculture sector has developed niche and high-value products such as seafood and floriculture. The mining and oil sectors also offer opportunities, particularly for green technologies. Electricity and renewable energy are also key, as Ecuador attempts to diversify its energy resources. Investors and exporters should be aware, however, that in spite of important recent improvements, Ecuador’s business environment still presents challenges and may be volatile, given Ecuador’s politics.
- Construction & Infrastructure
- Mining & Metals
- Oil and Gas