Russia-Ukraine War: Impact on Ecuadorian Foreign Trade

Ecuador maintains an important commercial relationship with Russia, one of the countries involved in the armed conflict. It is the main destination for exports of bananas, flowers and crustaceans. The Ecuadorian banana covers more than 50 % of the quantity demanded by Ukraine and together with Russia they capture approximately 23 % of all exported. For this reason, the objective of the investigation is to analyze the effects of the Russian-Ukraine conflict on Ecuadorian foreign trade. In the development of the investigation, the following theoretical methods were used: historical-logical and analytical-synthetic, in the bibliographic search, words related to the title of the article were used; for the analysis, data from the export and import levels with Russia and Ukraine were used in the period from the first five months between 2017 and 2022. Among the results, after the beginning of the war, the decrease in exports is shown, to its time, the increase in imports with Russia and Ukraine, respectively. It is concluded that the decrease in exports goes to the surplus supply, while the increase in FOB imports and the decrease in TM demonstrate the increase in the price of products offered by the countries involved.

• 1. autor: Espinoza-Tandazo, Kevin Israel (author)
• Kolejni autorzy: Añazco-Aguirre, David Adrián (author), Solórzano-Solórzano, Sandra Sayonara (author)
• Format: article
• Język: spa
• Wydane: 2022
• Hasła przedmiotowe: Comercio exterior; Ecuador; Exportaciones; Importaciones; Balanza comercial; Guerra Rusia-Ucrania; Foreign trade; Exports; Imports; Commercial balance; Russian-Ukraine War
• Dostęp online: https://revistas.ute.edu.ec/index.php/economia-y-negocios/article/view/1079