Ecuador Trade Swings to Deficit
In July 2025, Ecuador experienced a trade deficit of $433 million, a significant shift from the surplus of $310.29 million recorded in the same month the previous year. This marks the nation's first deficit following nineteen months of consecutive surpluses. The change was largely due to a 7.56% decline in exports, totaling $2,502.95 million. A substantial reduction in oil shipments by 78.3% to $172.61 million was a major contributing factor, even as other exports increased by 21.75%, with traditional exports rising by 18.09% and non-traditional exports by 27.14%. Meanwhile, imports rose sharply, climbing 22.46% to reach $2,935.95 million, fuelled by significant increases across categories: consumer goods up by 20.34%, raw materials by 26.06%, and capital goods by 19.29%.
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