BUSINESS

Agriculture - Construction - Energy - Justice - Fishing - Oil & Mining - Services - Telecom

Construction

Ecuador''s industries are divided between processors/exporters of goods and producers for the domestic consumer market. Leading domestic market industries are located in the areas of: automobile assembly, construction, food production, pharmaceuticals, and textiles. Industries in these sectors, contributed over 10% to the nation's GDP in 1999..

Auto assembly plants in Ecuador assemble Chevrolet, Hyundai, Mazda and Niva cars. The automobile industry, as well as the construction sector, was hard hit by the economic crisis of 1998 and 1999 due to high interest rates and the loss of the public's purchasing power.

The food production industry is considered one of the most important and competitive in the country. Ecuador processes meat, poultry, fish products, and agricultural products. The snack food and beverage industries are well positioned and comprise the entire spectrum of products that you can find in any developed country. There is also a wide array of gourmet shops where you can find food delicacies from the U.S. , Europe, and Asia .