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Ecuador shipped 125,200 tonnes of shrimp in January 2026, a 23% increase year-over-year. China remains the top buyer at 49.5% of volume, though its share has declined from 54.2% in 2024. The industry projects a 15% increase for the full year.
A U.S. Army Corps of Engineers study warns that Coca River erosion could reach the 1,500 MW Coca Codo Sinclair hydroelectric plant's water intake by 2026. The plant provides roughly one-third of Ecuador's national electricity. Recent rains have improved reservoir levels, and a new 200 MW plant has come online.
Ecuador is positioned to become the world's second-largest cocoa grower behind Cote d'Ivoire. Anecacao projects exports exceeding 623,000 metric tons in 2026, up from 375,720 MT in 2023. The country is targeting 800,000 MT by the end of the decade.
A joint Europol-Ecuador operation dismantled a Los Lobos-linked trafficking network, seizing 3.7 tonnes of cocaine in the Netherlands, 3+ tonnes in Belgium, and over half a tonne in Ecuador. 16 arrested including a high-value target. $810,000 in cash confiscated.
January 2026 crude production hit 466,400 bbl/d, down 1.8% year-over-year and 13% below a decade ago. Illegal pipeline taps surged from 36 in 2022 to 770 in 2024, costing $100 million annually. Ecuador needs 550,000 bbl/d just to cover basic fiscal needs.
The two-week nightly curfew across four coastal provinces ends March 30, concluding the largest single anti-narcotics mobilization in South American history. 75,000 soldiers and police were deployed with U.S. Reaper drone support and FBI intelligence.
After devastating blackouts throughout 2024 and into 2025, Ecuador's electricity outlook is the most optimistic in over a year. Heavy rains have refilled major reservoirs, Mazar dam hit maximum capacity, and a new 200 MW plant is online. But risks remain.
Ecuador's Constitutional Court declared the Strategic Economic Cooperation Agreement (SECA) with South Korea constitutional, clearing the final legal hurdle. 98.8% of Ecuador's exportable products will enter Korea tariff-free, opening access to 51 million consumers.
In a CNN en Espanol interview on March 20, President Noboa defended Ecuador's commercial relationship with China while reaffirming the country's deepening military and diplomatic alliance with the United States.
Jose Vinces, founder of Vinces TV in El Oro province, was shot by two gunmen at a cemetery after being lured by a fabricated tip. The Committee to Protect Journalists has demanded a full investigation. Ecuador saw 168 attacks on journalists in 2025.
Ecuador's Constitutional Court declared the SECA trade agreement with South Korea compliant on March 19. The deal grants tariff-free access for 98.8% of Ecuadorian products and covers investment, technology transfer, energy, and infrastructure cooperation.
Ecuador and the United States signed a bilateral trade agreement on March 18 granting tariff-free access for 53% of Ecuador's non-oil exports, worth $2.786 billion. The deal covers 1,673 tariff subheadings including bananas, shrimp, cocoa, coffee, and flowers.
