Economy / Ecuador
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Macroeconomic Forecast Ecuador
February 2007 | Macroeconomic ForecastsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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BMI View: The final trade balance in 2006 was exactly in line with our forecast of US$1.1bn. That said, both exports and imports exceeded our expectations (by US$300mn apiece), as a result of sustained high oil prices, and strong domestic demand fuelling inward goods shipments.