ECUADOR HAS TRADE SURPLUS IN FIRST FOUR MONTHS
  Ecuador posted a trade surplus of 10.6 mln
  dlrs in the first four months of 1987 compared with a surplus
  of 271.7 mln in the same period in 1986, the central bank of
  Ecuador said in its latest monthly report.
      Ecuador suspended sales of crude oil, its principal export
  product, in March after an earthquake destroyed part of its
  oil-producing infrastructure.
      Exports in the first four months of 1987 were around 639
  mln dlrs and imports 628.3 mln, compared with 771 mln and 500
  mln respectively in the same period last year.
      Exports of crude and products in the first four months were
  around 256.1 mln dlrs, compared with 403.3 mln in the same
  period in 1986. The central bank said that between January and
  May Ecuador sold 16.1 mln barrels of crude and 2.3 mln barrels
  of products, compared with 32 mln and 2.7 mln respectively in
  the same period last year.
      Ecuador's international reserves at the end of May were
  around 120.9 mln dlrs, compared with 118.6 mln at the end of
  April and 141.3 mln at the end of May 1986, the central bank
  said. gold reserves were 165.7 mln dlrs at the end of May
  compared with 124.3 mln at the end of April.
  

