Ecuador's Non-Petroleum Exports Hit All-Time Record $25.2 Billion in 2025, Up 16% as Shrimp, Cacao, and Bananas Drive Structural Diversification
Trade

Ecuador's Non-Petroleum Exports Hit All-Time Record $25.2 Billion in 2025, Up 16% as Shrimp, Cacao, and Bananas Drive Structural Diversification

Chip MorenoChip Moreno||Source: Infobae / El Universo / MPCEIP / BCE

Ecuador Sets Non-Petroleum Export Record at $25.2B

Ecuador's non-petroleum, non-mining exports reached $25.202 billion in 2025, setting an all-time record and confirming a structural shift in the country's export profile, according to data released by the Ministry of Production, Foreign Trade and Investment (MPCEIP) and the Central Bank of Ecuador (BCE). Total non-petroleum exports — including mining revenues — reached $29.402 billion, an 18.3% year-on-year increase representing $4.553 billion in additional export revenue.

The performance generated a positive non-petroleum trade balance of $5.032 billion, a 35.4% improvement over 2024.

Three-year acceleration

YearNon-petroleum non-mining exportsYoY growth
2023~$18.7B+5.2%
2024~$21.7B+12.1%
2025$25.202B+16.0%

Total volume reached 12.935 million metric tonnes, a 9% increase — indicating that value growth outpaced volume, driven by favourable price dynamics in cacao and shrimp.

Sector breakdown

Aquaculture & Fishing: $10.8B (+17%)

Product2025 valueYoY growth
Shrimp$8.401B+20%
Canned fish$1.848B+10%
Tuna & fresh fish$348M+5%

Agriculture & Agro-industry: $12.088B (+17%)

Product2025 valueYoY growth
Cacao & derivatives$4.668B+29%
Bananas & plantains$4.262B+11%
Cut flowers$1.045B+3%

Manufacturing: $2.314B (+5%)

Product2025 valueYoY growth
Wood & manufactures$657M+13%
Chemicals & pharma$215M+5%

Destination markets

Market2025 valueShareYoY growth
European Union$7.237B23.0%+14%
United States$6.570B20.9%+30.3%
China$5.920B18.8%+16.4%
Russia$1.044B3.3%+16.3%
Colombia$868M2.8%+3.6%

The United States posted the strongest growth at +30.3%, adding approximately $1.5 billion in new revenue despite the 15% tariff surcharge imposed in August 2025. China's $5.920 billion — predominantly shrimp and cacao — now represents nearly one-fifth of non-petroleum export revenue.

Structural significance

Non-petroleum exports now exceed petroleum exports by a ratio of approximately 3.8:1, compared to near parity as recently as 2018. The shift reduces vulnerability to oil price shocks but introduces new dependencies on agricultural commodity cycles and trade policy — particularly US tariffs and the Colombia bilateral dispute.

The cacao sector delivered the standout performance at +29%, driven partly by West African supply disruptions (Ivory Coast and Ghana crop failures pushed global cacao prices to multi-decade highs) that channelled buyer demand toward Ecuadorian fine-aroma varieties.

What to watch

Monitor Q1 2026 export data (due April) to assess whether the growth trajectory sustains. Track cacao prices — the 29% surge was the largest value contributor and depends partly on West African supply disruptions that may not recur. Watch for the US-Ecuador reciprocal trade agreement signing, which could accelerate US-bound growth further. The Colombia trade war ($868M bilateral market) represents a downside risk if 30% retaliatory tariffs persist.

Sources: Infobae, El Universo, MPCEIP, BCE, FEDEXPOR

Source

Infobae / El Universo / MPCEIP / BCE — "Exportaciones no petroleras y no mineras en Ecuador marcaron récord histórico en 2025"

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exportsnon-petroleumrecorddiversificationshrimpcacaobananasFEDEXPOR
Companies: FEDEXPOR, MPCEIP, BCE
Regions: Guayaquil, Quito
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