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Business Matchmaking: Trade Office of Ecuador in Los Angeles to welcome Importer/Exporters
Identified as one of the top growing Central and South American countries, Ecuador is poised to be of leading interest to international investors. Over 100 US companies are confirmed to meet with the top 30 Ecuadorian businesses.
By: Pro Ecuador Trade Office of Los Angeles
On November 13, 2013, Ecuador will host a full day of 30-minute meetings between domestic companies and guest companies at the Hyatt Century City.
Pro-Ecuador has extended invitations to the top 30 trade companies in Ecuador ranging from Fishery, Edible Fruit and Nuts, Snacks and Apparel; as well as their counter parts from across the United States.
This day of fast-paced, face-to-face meetings will allow participants an opportunity to develop strategic business relationships in a short amount of time.
In 2012, Ecuador successfully hosted the largest business matchmaking, where all 30 Trade Offices around the world flew buyers to Ecuador to hold meetings with Ecuador companies. This original event took generated 2,739 business appointments, and achieved business of close to $123 million. In 2013, the second business matchmaking was held in Guayaquil, Ecuador, and continues to expand in other countries around the world.
Dick Vega, Trade Commissioner of Ecuador in Los Angeles, stated "This inaugural Business Matchmaking in Los Angeles is a very important event in order to continue with the dynamic promotion of Ecuadorian exports in Los Angeles and the West Coast of the United States of America. It will be the premiere event to showcase the benefits of a working relationship between Ecuador and the United States and we expect the participants to have a very successful day consolidating business that will benefit trade in both countries."
There is still an opportunity to participate. Register now at: www.macrorruedaecuador.ec or email Ecuador@PPMG.info to request on-site registration.
Ecuador –U.S. Trade Facts
Ecuador is currently America’s 40th largest goods trading partner with $15.7 billion in total (two way) goods trade during 2011, the Goods exports totaled $6.1 billion; Goods imports totaled $9.6 billion. The U.S. goods trade deficit with Ecuador was $3.6 billion in 2011.
The importance of Ecuador in this West Coast of the US may be reflected in 2011 and 2012, for the Port of Los Angeles, Ecuador became the largest Latin American import partner. Ecuador´s trade with Los Angeles customs district rocketed to a record $6.03 billion, 159.76% ahead of the low point it hit during 2009.
The five largest export categories in 2011 were: Mineral Fuel (crude) ($7.5 billion), Fish and Seafood (shrimp and prawns) ($673 million), Edible Fruit and Nuts (bananas, plantains) ($511 million), Cocoa ($247 million), and Live Trees and Plants (cut flowers-roses)
U.S. exports of agricultural products from Ecuador totaled $1.1 billion in 2011. Leading categories include: bananas and plantains ($465 million), cocoa beans ($235 million), and nursery products (cut flowers) ($149 million).
The top import categories (2-digit HS) in 2011 were: Mineral Fuel (oil) ($2.3 billion), Machinery ($1.1 billion), Electrical Machinery ($427 million), and Plastic ($290 million), and Vehicles (256 million).
U.S. imports of agricultural products to Ecuador totaled $340 million in 2011. Leading categories include: soybean meal ($86 million), coarse grains ($52 million), and cotton ($42 million).
ABOUT THE TRADE OFFICE OF ECUADOR, LOS ANGELES
The Trade Office of Ecuador, Los Angeles main purpose is to promote Ecuadorian exports, attract foreign direct investment and tourism. From small to large companies, the Trade Office of Ecuador, Los Angeles looks to work with all whom are interested in importing Ecuadorian products and services into the West Coast of the United States.
For media credentials to BUSINESS MATCHMAKING 2013 and all general media inquiries for the Trade Office of Ecuador in Los Angeles (Pro Ecuador) please contact;
Popular Press Media Group (PPMG) firstname.lastname@example.org, +1 310-860-7774.
Popular Press Media Group (PPMG)