Ecuador is a diverse country on the western coast of South America, the country is a biodiversity hotspot because of the abundance of natural resources and lush greenery present there including the Amazon rainforest and the Andes Mountains. The Republic of Ecuador with a land area of 283,561 square kilometers shares its maritime borders with Costa Rica, Panama, and the Galapagos islands. Quito in the Andean region is one of the most popular tourist destinations of the place with one UNESCO World Heritage Site Quito’s Historic Center. The cultural ethnicity of the nation’s tradition is a blend of the Spanish influencers of the Colonial times.
The country is globally expanding its economy and the main export revenue is based on the export of oil production which contributes to more than half of the total annual generated revenue. The globally growing economy has recorded a GDP of 117 billion US dollars in 2023 with an import value of 30 billion US dollars.