Equador Balança Comercial

Ecuador's trade balance surplus widened to USD 503.24 million in December 2024, up from a surplus of USD 217.08 million in the same month of 2023, marking the twelfth consecutive monthly surplus. Exports surged by 22.94% year-on-year to USD 3,191.62 million, driven by a 25.8% increase in shipments of primary goods, particularly crude oil (10.5%), cacao (234%), and coffee (18.7%), while manufactured products rose by 9.9%. Meanwhile, imports rose by 13.0% to USD 2,688.38 million, primarily due to increased purchases of consumer goods (5.9%), fuel and lubricants (28.2%), raw materials (14.7%), and capital goods (2.4%).