Análisis de las exportaciones de Ecuador a la Unión Europea y sus efectos en la balanza comercial periodo 2016 – 2018.

Abstract

This research aims to do an analysis of Ecuador's exports to the European Union and its effects on the trade balance period 2016 – 2018. It will be carried out, within the framework of the multi-part commercial agreement which entered into force on January 1, 2017. The agreement allows Ecuadorian exporters to access the European market with lower customs duties in contrast to its main competitors, this agreement was designed to boost Ecuador's exports. It is intended to change the production matrix since Ecuador has traditionally exported raw material or products without any industrialization process. It is intended to encourage agro-industrial products, manufacturing, pharmaceutical industry among others, taking advantage of European technology that can enter Ecuador with lower tariffs. The European Union has been the destination for most of the exports of non-oil products in Ecuador, which is why the multipart agreement is of utmost importance for the development of the country's foreign trade.