Daily coverage from across the country, written for the expat community
Results for “exports”Clear
Israeli Foreign Minister Gideon Saar is visiting Ecuador as part of a broader Latin American diplomatic push, with negotiations beginning on a trade agreement and expanded security cooperation including surveillance technology and agricultural innovation.
Coffee grown in Quito's UNESCO-designated Chocó Andino Biosphere Reserve is gaining international recognition and finding growing markets in Europe, adding another dimension to Ecuador's agricultural export story.
Ecuador's Constitutional Court has determined that the trade agreement negotiated with South Korea requires a full legislative vote before ratification — a higher procedural bar than the recently concluded U.S. deal.
Ecuador’s largest gold mine exported a record $1.8 billion in 2025 — a 51% jump from the prior year — as gold prices topped $5,000 per ounce for the first time. Lundin Gold just announced $100 million in new exploration spending and discovered a fifth copper-gold deposit, signaling the mining boom is just getting started.
Washington and Quito have 'substantially concluded' negotiations on a reciprocal trade agreement set to be signed in coming weeks. But Ecuador's biggest non-oil export to the U.S. — shrimp worth $2 billion a year — may not get the tariff relief the industry needs to survive.
International cacao prices have collapsed from a record $13,000 per ton in late 2024 to $3,581 in February 2026. Ecuadorian farmers now receive roughly $130 per quintal — down from $400 a year ago — squeezing margins in communities across the coast.
During President Noboa's visit to the UAE, Petroecuador and Abu Dhabi National Oil Company signed a memorandum of understanding for direct crude oil trade and refined product imports — cutting out intermediary traders.
The U.S. dollar has lost ground against major currencies, creating a mixed bag for Ecuador's dollarized economy: exports become more competitive and tourism gets a boost, but import costs rise — and you'll feel it at the supermarket.
What started as a tariff dispute has spiraled into a full trade war between neighbors. Ecuador slapped 30% duties on Colombian imports; Colombia responded by suspending electricity sales and threatening counter-tariffs on 23 Ecuadorian products. The pipeline tariff jumped from $3 to $30 per barrel.
Fedexpor reports Ecuador’s non-petroleum, non-mining exports grew 16% to $25.2 billion in 2025. Shrimp led at $8.4 billion (+20%), cocoa surged 29% to $4.7 billion, and U.S.-bound exports jumped 30%. It’s the strongest diversification signal yet for the dollarized economy.
The ACLED Conflict Watchlist 2026 ranks Ecuador among the planet’s most dangerous nations. Over 3,600 people died from organized crime violence in 2025 — a 42% increase — and 71% of the population was exposed to criminal violence, the highest rate in Latin America.
LATAM Cargo and Avianca transported over 40,000 tons of roses from Ecuador for Valentine’s Day 2026 — the country’s biggest annual flower export event. Ecuador is the world’s third-largest flower exporter, and February is the industry’s Super Bowl.
