More benefits for the cocoa industry in Ecuador

Ecuador has positioned itself as the first producer and exporter of cocoa in the region and is one of the main ones worldwide with a percentage of 65% participation. Ecuadorian cocoa is valued for its quality and flavor and that is why it is used as a raw material to make chocolate in the best international industries.

It is estimated that in the last year, the period 2021-2022, exports exceeded $900 million, a fact that presented a record for the country for the second consecutive year. In addition, at the beginning of this year, and after 10 months of talks, a technical agreement was closed with China in which, according to information shared by the Ministry of Production, it will be possible to obtain preferential access for 99% of Ecuador’s current exports. to China, standing out mainly agricultural and agro-industrial products such as shrimp, bananas, roses and flowers, cocoa, coffee, among the main ones.

Taking this into account and that the numbers are increasing every year, American Capital Financial closed an operation in which it approved a line of credit for $1,600,000 to an Ecuadorian company founded in 2013 that belongs to the industry.

This is dedicated to the commercialization and agricultural and agro-industrial services in the planting, purchase, processing, local sale and export of products such as cocoa beans, rice and corn. The company’s focus is on exporting quality cocoa to AAA buyers in the United States, Switzerland, Germany and many others. In addition, it has cultivated relationships with its buyers for more than 8 years, selling cocoa to leading chocolate companies around the world such as Inasar, Barry Callebaut, Blommer Chocolate, Walter Matter Itochu, Bohnkaf Colonial, Simon Coll, Olam, Ecom, among others.

Worldwide, the consumption of chocolates exceeds $100,000 million, and in Latin America, the chocolate industry moves $9,000 million. Some of the advantages of this product are that by containing theobromine it stimulates the generation of endorphins, improves the health of blood vessels and blood circulation, and those that are dark are known to lower cholesterol levels and blood pressure.