Ecuador Balance of Trade

Last Release

Feb 28, 2025

Actual

512,600

Units In

USD Thousand

555,598

Frequency

Monthly

Next Release

May 13, 2025

Time to Release

30 Days 19 Hours

Highest	Lowest	Average	Date Range	Source
619,602 May 2008	-729,014 Dec 2014	-4,837.25 USD Thousand	1985-2025	Banco Central del Ecuador

Ecuador's economy is highly dependent on oil exports (58 percent of total exports). Other exports include: fish and shrimps and bananas. Main imports are: raw materials for industry (25 percent of total imports), capital goods for industry (19 percent), fuels and lubricants (17 percent) and consumption durables (13 percent). Ecuador´s main trading partner is the United States (45 percent of total exports and 27 percent of imports). Others include: Chile, China, Peru, Colombia and Panama.

Latest Updates

Ecuador's trade surplus was $512.6 million in February 2025, compared to US$568.7 million in the same month of 2024, marking the fourteenth consecutive monthly surplus. Exports increased by 11.68% year-on-year to $2,981.79 million, of which US$2,472.768 million are in shipments of primary products, with sharp growth noted in extracts and vegetable oil (59.6%), cocoa (194.2%%) and manufacture leather, plastic and rubber (28.1%), while industrialized products are at $509.024 million. Meanwhile, imports increased by 17.5% to $2,469.154 million, mainly due to increased purchases of fuels and lubricants (28.6%), raw materials (8%) and capital goods (31.1%).