Ecuador recorded a trade surplus of 2249 USD Thousand in August of 2019. Balance of Trade in Ecuador averaged -26072.74 USD Thousand from 1985 until 2019, reaching an all time high of 619602 USD Thousand in May of 2008 and a record low of -729014 USD Thousand in December of 2014.

Balance of Trade in Ecuador is expected to be -1804000.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Ecuador to stand at -1804000.00 in 12 months time. In the long-term, the Ecuador Balance of Trade is projected to trend around -420000.00 USD Thousand in 2020, according to our econometric models.

Ecuador Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2019-07-11 02:00 PM Balance of Trade May $-118.3M $-20.9M
2019-08-12 03:45 PM Balance of Trade Jun $-23.5M $-118.3M $-110M
2019-09-10 02:00 PM Balance of Trade Jul $5.1M $-23.5M $-87M
2019-10-14 04:20 PM Balance of Trade Aug $2.2M $5.1M $-1.9M
2019-11-15 02:10 PM Balance of Trade Sep $2.2M
2019-12-12 09:30 PM Balance of Trade Oct


Ecuador Trade Last Previous Highest Lowest Unit
Balance of Trade 2249.00 5113.00 619602.00 -729014.00 USD Thousand [+]
Current Account -36.85 -280.19 1548.23 -1398.86 USD Million [+]
Current Account to GDP -1.20 -0.50 5.17 -10.08 percent [+]
Imports 1929355.00 1976652.00 2592365.00 117453.00 USD Thousand [+]
Exports 1931604.00 1981766.00 2603522.00 66062.00 USD Thousand [+]
Capital Flows 94.52 1027.89 2537.11 -5561.90 USD Million [+]
Remittances 736.21 780.14 891.95 238.55 USD Million [+]
Gold Reserves 16.95 16.90 26.30 11.79 Tonnes [+]
Crude Oil Production 550.00 541.00 563.00 329.00 BBL/D/1K [+]
Terrorism Index 1.47 1.62 3.02 0.58 [+]
Foreign Direct Investment 257.89 169.39 783.20 -286.13 USD Million [+]


Ecuador Balance of Trade

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. This page provides - Ecuador Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Balance of Trade - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2249.00 5113.00 619602.00 -729014.00 1985 - 2019 USD Thousand Monthly




Country Last Previous
Argentina 1168.00 Aug/19
Australia 5926.00 Aug/19
Brazil 2250.00 Sep/19
Canada -955.30 Aug/19
China 396.50 Sep/19
Euro Area 14702.40 Aug/19
France -5019.00 Aug/19
Germany 16205.00 Aug/19
India -10860.00 Sep/19
Indonesia -160.50 Sep/19
Italy 2585.00 Aug/19
Japan -136.30 Aug/19
Mexico 775.00 Aug/19
Netherlands 3879.00 Aug/19
Russia 12006.00 Aug/19
Saudi Arabia 127500.00 Jun/19
Singapore 3833.90 Sep/19
South Africa 6842.94 Aug/19
South Korea 5973.00 Sep/19
Spain -2490000.00 Jul/19
Switzerland 2881.00 Sep/19
Turkey -2500.39 Aug/19
United Kingdom -1546.00 Aug/19
United States -54896.00 Aug/19


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