The ambassador of Ecuador and Secretary General of Economy encouraged to increase trade relations with the second destination and Andalusian exports in America. The event took place along a technical conference in which 36 Andalusian companies have participated and which have been shelled business opportunities it presents for the Andalusian companies which is already the second destination of sales from our community on the outside.
Ecuador’s ambassador in Spain, Miguel Calahorrano, and the secretary general of Economy and Chairman of Extenda, Gaspar Llanes, presented in Seville services Extenda Business antenna in the South American country.
AndalucÃa exported products to Ecuador in 2014 worth 321 million euros, 2.6% more than the previous year, a figure more than ten times higher than that recorded five years earlier, in 2009 (31 million). Thus, Andalusia stood as the first exporting community in this South American country, with 46% of total domestic sales.
Ecuador is therefore a priority market for Andalusia when betting on diversification of export destination, which increased 80% to America, to Africa 104% and 163% to Asia, reducing six points dependence on EU markets, despite these sales grow 65%.
Gaspar Llanes emphasized that the antenna will allow Ecuador to “a better field support to Andalusian companies, facilitating the increase in their trade relations.” Extenda foreign network currently serving in 32 countries through 26 offices, and aims to end 2015 reaching 34 countries, with the opening of South Africa and Portugal.
Extensive market knowledge
Ecuador’s ambassador in Spain has offered an overview about the major social and economic to consider when addressing this market aspects. At the conference also he participated the head of the Commercial Office of PROECUADOR (the Institute for the Promotion of Exports and Investments of the Ministry of Foreign Trade Ecuador) in Spain, José Luis Cabascango, who has analyzed various issues on investment and trade in the South American country .
They have also participated as speakers responsible Antenna Business Extenda in Ecuador, Ismael Guillén, who presented the new antenna and existing business opportunities in this country to Andalusian companies; and Luis Jimenez, CEO of CEMOSA, Malaga-based company specializing in engineering and quality control in the field of construction, which has shared its experience in this market.
According to Extenda, Andalusian exports to Ecuador in 2014 reached 321 million euros, 2.6% more than the previous year and a figure more than ten times higher than in 2009 (31 million). Thus, Andalusia stood as the first exporting community in this South American country, with 46% of the total. Ecuador was also the second destination of Andalusian sales in the Americas, with 10.2% of the total, only behind the United States, to which products were sold in the amount of 1,714 million euros.
The products most exported by the Andalusian companies to the South American country in 2014 were mineral fuels and oils, with 187.4 million euros (58.4% of the total), followed by aircraft and space vehicles, with 78.5 million , which means multiplying by 29 the number reported in 2013. fish, crustaceans and molluscs (26 million), machinery and mechanical appliances (7.4 million), food preparations are also sold.
Source: Empresa exterior
