Ecuadorian Economy | Vibepedia

The Ecuadorian economy, the 8th largest in Latin America, relies heavily on oil exports, agricultural products like bananas and shrimp, and remittances from abroad, with a total trade amounting to 42% of its GDP in 2017. The country's economic growth is influenced by its membership in the [[opec|OPEC]] and its relationships with major trade partners like [[china|China]] and [[united-states|United States]]. As the world's largest exporter of bananas, Ecuador's economy is also vulnerable to fluctuations in global commodity prices.