FX.co ★ Ecuador Trade Surplus Narrows in February

Ecuador’s trade surplus narrowed to $263.89 million in February 2026, down from $512.64 million in the same month a year earlier, marking the smallest surplus since October. Exports declined 7.44% year-on-year to $2.76 billion, led by an 8.73% drop in primary products and a 1.2% decrease in industrial goods. Meanwhile, imports edged up 1.1% to $2.50 billion, driven by a 16.2% increase in consumer goods and a 4.4% rise in raw materials. These gains were partly offset by a 12.9% reduction in fuel and lubricant purchases and a 2.7% decline in capital goods. Overall, the combination of weaker export performance and mixed import dynamics resulted in a significantly narrower trade surplus.