Key data points
Last release
—
Observation period
Mar 2024
Next release
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Forecast
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Highest
619.60 MUSD on May 31, 2008
Lowest
−729.01 MUSD on Dec 31, 2014
About Ecuador Balance Of Trade
Ecuador's economy is highly dependent on oil and oil product exports (36 percent of total exports) in 2022. Other exports include: fish and shrimps (24 percent) and bananas (10 percent). Main imports are: raw materials for industry (35 percent of total imports), fuels and lubricants (25 percent) and consumer goods (20 percent), capital goods for industry (19 percent). Ecuador´s main trading partner is the United States (28 percent of total exports and 26 percent of imports). Others include: Chile, China, Peru, Colombia and Panama.