Comparative analysis of the economic impact of cocoa cultivation in Ecuador in the first semester 2019 versus the first semester 2020
DOI:
https://doi.org/10.62452/veh4wj58Keywords:
Economic impact, export, imports, cocoa sector, variationsAbstract
The cultivation of cocoa is one of the most dynamic within the country's economy, in recent years cocoa has made a great contribution to the Gross Domestic Product, however, as a result of changes in the international market, different behaviors have been presented. In this sense, the objective of this work is to compare the economic impact of cocoa cultivation in Ecuador in the first half of 2019 versus the first half of 2020. A comparative and descriptive study was used, obtaining data from 2019 and 2020 on the economy and development social of cocoa. The results obtained were presented in 4 indicators: first, cocoa exports and imports by country, second; price of cocoa, third; economic block by region, fourth; monthly values. It is concluded that there are both positive and negative variations, and its flow of exports has not been affected by the pandemic, while imports had opposite reactions than exports, exposing a decrease due to the internal productive contraction of the Ecuadorian economy.
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