Daily coverage from across the country, written for the expat community
Results for “trade”Clear
Monthly inflation reached 0.53% in April 2026, driven mainly by transport costs, with annual inflation at 2.6%. Meanwhile Ecuador's tariff on Colombian goods escalated to 100% on May 1. What it means for anyone living here on a fixed or foreign income.
An addendum to the AC59 trade agreement will lower the import tariff on cars made in Argentina from 16.1% to 10%. Industry expects the deal signed in the second half of June. The Toyota Hilux, a Toyota SUV, and the Ford Ranger are the models in play.
Executive Decree 383 shifts the Comisión Estratégica de Marcas to the Production, Foreign Trade and Investment ministry, replacing a 2011-era structure. The reframe moves Ecuador's international promotion away from a tourism focus toward investment and trade.
Armed forces, police, and intelligence services deployed to Puerto Bolívar in El Oro province for a major operation against criminal structures controlling the port. Defense Minister Loffredo says groups are using the port to ship drugs and extort fishermen.
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.
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.
SENAE rolled back the duty-free alcohol allowance to three liters per traveler starting May 4. Nearly 700,000 liters entered duty-free in 2024, and the agency says informal commerce was the real beneficiary.
Ecuador's free trade agreement with China turned two on May 1. Imports from China surged 30% to $7.8 billion while exports barely grew. The non-petroleum trade deficit ballooned from $335 million to $1.9 billion. Here's what the numbers actually show.
Ecuador's tariff on Colombian goods jumps from 50% to 100% on May 1, effectively shutting down $2 billion in annual trade. Truck traffic at Rumichaca has already dropped to 30-40% of normal. Sugar, medical supplies, and medications are all on the list.
The incoming Energy Minister inherits a five-front crisis: a 900+ MW power generation gap, record electricity demand of 5,374 MW, oil output at its lowest since 2003, and a dormant mining cadastre. Here's what that means for daily life.
Ecuador's riesgo país fell to 404 points on April 22, the lowest since 2015. GDP grew 3.7% in 2025, international reserves jumped 42%, and the IMF just disbursed another $394 million. Here's what the improving trajectory means for expats.
