FX.co ★ Ecuador Trade Surplus Narrows in May

Ecuador's trade surplus narrowed to $450.43 million in May 2026, down from $498.39 million in the same month a year earlier. Imports rose by 16.2% to $3,248 million, driven mainly by higher purchases of fuels and lubricants (up 63%) and capital goods (up 16%), particularly industrial equipment (up 17%). Exports also increased, but at a slower pace of 12.3%, reaching $3,698 million. This growth was supported by a sharp rise in oil exports (up 76%) and crude oil shipments (up 76%), along with a 6% increase in exports of non-traditional goods, led by tobacco (up 45%).