FX.co ★ Ecuador Trade Surplus Expands in November

In November 2025, Ecuador's trade surplus expanded significantly to $632.19 million, up from $325.6 million in the same period the previous year. This growth was bolstered by an increase in exports to $3.4 billion from $2.98 billion. The surge was primarily driven by stronger exports of primary products, which rose to $2.86 billion from $2.48 billion, and industrial exports climbing to $540.77 million from $499.8 million. Imports also saw a rise, increasing to $2.77 billion from $2.65 billion. This was due in part to higher acquisitions of raw materials, which escalated to $879.12 million from $755.56 million, and an uptick in consumer goods imports, which grew to $683.2 million compared to $587.4 million. On the other hand, there was a decline in imports of capital goods, which dropped to $613.6 million from $664.9 million, and a decrease in purchases of fuels and lubricants, which fell to $588 million from $635.4 million.