Analysis of the participation of bananas in Ecuador’s agricultural exports, 2015-2019 period

Abstract

Ecuadorian history is marked by important events, among these we have the banana boom recorded in the 50's that positively impacted economic growth, although in the Province of El Oro there is evidence of its production since 1925 sending to the markets of Peru and Chile, therefore the present work aims to "Identify the participation of bananas in agricultural exports of Ecuador in the period 2015-2019", through bibliographic analysis to determine its contribution to the Agricultural Gross Domestic Product, using information from the Central Bank of Ecuador, Ministry of Agriculture and Livestock, in this way we can determine the importance of this non-oil sector for the generation of foreign exchange keeping its main destinations Russia and the United States, in turn know its percentage of contribution in agricultural exports and its impact on the national economy, in the country there are three provinces that contribute most with banana production such as: Los Ríos, Guayas and El Oro. The results show that their contribution to the Agricultural Gross Domestic Product from 2015 to 2019 is above 40%. Ecuador is a purely agricultural country and a large part of rural employment is linked to this activity, making it an essential part of reducing poverty in this sector.