Análisis de las exportaciones petroleras ecuatorianas como miembro y no miembro de la OPEP.

Abstract

This research examines the impact of Ecuador's withdrawal from OPEC in January 2020. The study seeks to compare Ecuador's economic performance as both a member and a nonmember of OPEC, evaluate the benefits of this decision, and assess its effects on the country's oil exports. The findings indicate an increase in export revenues and higher profitability per barrel, despite a reduction in export volume. Strategic decision-making and market diversification strengthened trade relations but also exposed Ecuador to increased price volatility. It is concluded that exiting OPEC enhanced Ecuador's profitability and autonomy, while simultaneously heightening its vulnerability to fluctuations in the oil market.