Imports for Christmas have shown an increase. This impulse evidenced in the second half of 2020 will allow balancing the balance of the decrease in imports in the first half. It can be understood that the quarantine, restrictions in countries, mobility as well as the collapse of the health system in many countries took their toll by affecting businesses that could not open their stores and their isolated consumers, some affected in their economy.
A whole domino that he received with the loss in imports. Now with the reopening of borders, greater biosafety controls and reactivation of the economy, it not only balances what was lost but even shows slight growth.
Christmas in Ecuador
Ecuador importers have seen a successful Christmas season so far, and products are arriving on their racks, says José Antonio Gómez, a specialist in maritime logistics transport.
“The explosion in imports for Christmas this last semester after the collapse of imports in the first half of the year, in the middle of the quarantine by COVID-19 has traders now, changing their forecast for imports, from a negative to positive growth in 2020, ”Gómez commented.
2021 with hope
The Global Port Tracker of the United States National Trade Federation (NRF) from November 2020 had predicted that this year’s imports would decrease 3.4% compared to 2019, but now, the forecast has been changed to an increase of 0.8 % compared to 2019.
Looking forward to 2021 and imports in the new normal of trade.