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economy

EU Vehicle Sales Rise 12.6% in Ecuador Ahead of Trade Deal Anniversary

Chip MorenoChip Moreno··Source: primicias.ec·2 min read
EU Vehicle Sales Rise 12.6% in Ecuador Ahead of Trade Deal Anniversary

Overview

Ecuador recorded 7,690 sales of vehicles originating from the European Union between January and October 2026, a 12.6 percent increase over the same months of 2025, according to figures from the Association of Automotive Companies of Ecuador (Aeade).

EU-origin vehicles ranked third in Ecuador's sales by origin through October, with a 5.5 percent market share. In October alone, 828 were sold, up 30.4 percent from October of the previous year.

The figures come ahead of the November 11, 2026, tenth anniversary of the signing of Ecuador's accession protocol to the Multiparty Trade Agreement with the EU. The agreement entered into force on January 1, 2017.

Confirmed details

Light vehicles originating from the EU have had zero import tariffs since 2024, following a seven-year gradual phase-out. Before the agreement, the tariff on European light vehicles ranged from 35 percent to 40 percent.

According to Primicias, certain EU-origin trucks, minibuses and small buses continue to pay tariffs until December 2026.

Background

The EU sales figures sit within a growing overall market: Ecuador recorded 140,285 vehicle sales across all origins from January to October 2026, up 40.4 percent against the same period of 2025.

Primicias also reports that EU-origin vehicles have not gained more market share in the last five years despite no longer paying tariffs. It identifies strong competition from Chinese vehicles as one possible explanation.

What This Means for Expats

For readers comparing vehicles, the report's key eligibility distinction is place of manufacture rather than brand nationality. It says the agreement benefits only models manufactured within the EU. That includes European-brand models made within the bloc, as well as models from other regions' brands with plants in EU countries.

Models of European brands assembled outside the EU do not benefit from the agreement. As an example, Primicias says most Renault models come from Colombia and other markets including South Korea and Brazil, citing Cinae.

Sources: primicias.ec.

Image: AI-generated editorial illustration; not a documentary depiction of the events reported.

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