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- (-) February 2022
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Despite economic constraints and the continued COVID-19 pandemic, U.S. - Ecuador bilateral agricultural trade in 2021 rose to $3.8 billion. In addition, U.S. agricultural exports reached a record $587 million.
Only limited growth in soybean and vegetable oil imports is forecast for 2021/22. Rising prices and changes in taxation policies are hindering demand for meal from the poultry sector and capping growth in edible oil demand.