Third Consecutive Contraction of Ecuador's Agricultural Trade Balance

Ecuador's trade balance for agricultural and agro-industrial products recorded its third consecutive monthly contraction in 2026, reflecting import growth that outpaced export growth. Although foreign shipments increased, driven by products such as shrimp, bananas, palm oil, and canned tuna, the rise in international purchases reduced the sector's trade balance.

Between January and March, agricultural and agro-industrial exports decreased compared to the same period in 2025, primarily affected by the fall in international cocoa prices. In contrast, imports of strategic inputs like soybean meal and wheat grew significantly, driven by demand from the food industry. Russia, China, Spain, Italy, and India stand out among the main export destinations, while Argentina, the United States, Bolivia, Brazil, and Chile led the origin of imports.

The evolution of the trade balance highlights the importance of strengthening the competitiveness of exportable goods and optimizing the logistics chains that support Ecuadorian foreign trade. Maintaining an efficient flow of goods through port infrastructure and maritime transport will be crucial for consolidating access to international markets, reducing logistical costs, and improving the performance of the export sector in an increasingly competitive trade environment.