The economy of Ecuador, located in northwestern South America, is Latin America’s eighth largest. Between 2000 and 2006, the country outstripped the rest of Latin American and the Caribbean in economic growth, at 4.6 percent; in fact, Ecuador’s GDP doubled between 1999 and 2007. This nation is clearly one to watch-and exporters looking for an edge in South America should want to learn more about how to export from the US to Ecuador.
Pharmaceuticals, vehicles, telecommunications equipment, and electricity are among Ecuador’s main imports. Its major partners here include the US, Brazil, and China, and Ecuador is, in fact, a favored trading partner of the US. Quito, Ecuador’s capital is the second-largest city in the country, and a vital economic region, making the greatest contribution to the national GDP. The city reflects the substantial, sustained, and focused financial stability that the country enjoys overall.
Ecuador is a member of the World Trade Organization (WTO) and the World Bank, as well as the International Monetary Fund (IMF). It also belongs to the Andean Community of Nations, and is an associate member of Mercosur. The country’s profile should make any entrepreneur or exporter want to find out more about how to export from the US to Ecuador.
With any shipment of containers to Ecuador, the first thing to determine is your shipping volume. Either a full container load (FCL) or a less-than-container load (LCL), also known as groupage, will suit your needs. A full container load (FCL) offers you exclusive use of a shipping container; this is indicated if you want to avoid any risk of damage to your shipment that may be posed by contact with other exporters’ goods.
It’s also what you’ll require if your shipment consists of six or more standard pallets, as a 20-foot container will carry up to 10 standard pallets, while a 40-foot container can accommodate 22 standard pallets.
We recommend a shared container (LCL or groupage) if you’re shipping fewer than six standard pallets. Sharing will offer you substantial savings, as you pay only for the space you need.
Examine our rates on iContainers, and then contact us to finalize the details of your shipment.
An air freight shipment may a better choice for your goods than ocean freight in some instances. This is especially so if you are on a tight schedule or your shipment is urgent. Weight and volume do impose some limitations on air freight shipments; the calculator provided by iContainers can help you make the choice that’s best for you and your merchandise.