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A legal reform moving through Ecuador's Assembly aims to clear about 12,000 abandoned containers from the country's ports. The backlog includes roughly $450 million in retained cargo and average wait times of 365 days.
The U.S. Trade Representative is proposing a 10% tariff for Ecuador and five other economies over enforcement of forced-labor import bans. Public comments are open until July 6, and Ecuador’s current 10% surcharge expires July 24.
El Universo reports merchants and transport workers at Rumichaca expect activity to recover after Ecuador removed the 100% security charge on Colombian imports on June 1. Border workers said normal movement could take about a month to return.
Primicias reports President Daniel Noboa ordered Ecuador's security tariff on Colombian imports eliminated from June 1. The tariff had reached 100% during the trade dispute and affected products including medicines, cosmetics and plastic and rubber manufactures.
Primicias reports that Petroecuador produced 356,867 barrels per day in April 2026, down 17,733 barrels per day from April 2025. The shortfall came while Ecuador's crude prices stayed well above the state budget assumption.
Expreso reports that Ecuador's 2026 curfews have accumulated 30 days of restrictions and affected at least 120,000 businesses. One economist estimated losses between USD 16 million and USD 32 million, with the hardest hit in nightlife, restaurants, logistics and small businesses.
The May 12 price adjustment is official — diesel crossed $3/gallon for the first time, stations in Quito and Guayaquil are running dry, and Ecuador is importing 65% of its fuel. The refinery FCC unit restarts May 15.
Drivers in Guayaquil and Quito report stations hiding Extra gasoline before the May 12 price adjustment. Terminal dispatches are down 33%. Fill up now if you can.
Resolution 2582 declares both countries' tariffs incompatible with the Cartagena Agreement. But with rates still at 75%, business leaders on both sides say trade remains frozen.
Ecuador is burning through diesel at a 23% faster rate to keep the lights on. Diesel prices jumped from .11 to .45 per gallon. And the government just failed — for the second time — to secure emergency thermal generation contracts.
Without Colombian electricity and an unreliable Coca Codo Sinclair plant, Ecuador's grid operator projects rolling blackout risk during the October-March dry season. The government is scrambling to rent diesel generators.
After months of escalating tariffs, Ecuador will reduce duties on Colombian imports from 100% to 75%. Cosmetics, medicines, plastics, and automotive parts are the primary categories affected.