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 ESMERALDAS PROVINCE / ECONOMY

AGRICULTURE and CATTLE

The terrain in the province is extremely fertile.  Practically all of the terrain is given over to agricultural production  Among the most importan crops are rice, cotton, cocoa, coffee, corn, beans, fruits and African palm.  In the past, however, the only products exported were cocoa, tobacco, coffee and banana.  The bovine population stands at 200 thousand.  235 thousand hectares are pastures for cattle farming.   


The Banana

From 1948-1968 the banana industry was flourishing.  This was partly due to an increase in immigration to the province.  Bananas were exported by giving three days notice to the workers who then proceeded to cut and load the produce onto the cargo ships ready for their destinations.  Family plantations predominated in the banana business.  As of 1967 the export of bananas has seen a decrease due to the incorporation of other banana zones such as El Oro, Guayas and Los Rios and the preference of multinational companies of the Cavendish variety.  The area given over to the cultivation of bananas has as a result reduced considerably, creating increased poverty among the population, diversification of crops (cocoa, shrimp, coffee and bovine cattle) and concentration of properties.  Exploitation of the forests has also begun in the province.   Despite these changes, the banana continues to be an important source of income for many families and businesses in the area.   


INDUSTRY

The most important branches are: petrol-derived chemical products, wood and foodstuffs.  The number of those employed in the manufacturing sector is low.  Wood is transported via waterways to Esmeraldas and from there sent to the respective processing centres.  The industrial sector remains open and there are still many opportunities to invest in the agricultural industry.  Fishing is another important economic activity, including shrimp and lobster.  Shrimp and lobster are transported to Guayaquil from where they are exported.  Esmeraldas is a first class fishing port from where thousands of tons of fish and shellfish are exported everyday to various towns and cities along the Ecuadorian coast and sierra. 


The State Refinery

The processing of oil takes place just a short distance away from the province's capital.  The refinary was open in 1977 and was later expanded. 

Vegetables

The province's terrains are extremely fertile and therefore perfect from growing vegetables.  Flora is also in abundance and the forest resources have made major wood exploitation possible.  Forests extend for approx. 3 thousand hectares.  The main wood types are chanul, balsa, laurel, sande, madera blanca, virola, guayacan, and tangare. Wood exploitation has proved easy although it has put the ecological systems in danger.  There are a variety of palms, fruits, ornamental plants, medicinal plants and many more species. 

Last Updated 21st August 2006 (DLW)

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