Articles
Business intelligence and analysis on Ecuador
Coca Codo Erosion Risk Rises Ahead of June-July Amazon Rain Peak
June and July historically bring the Coca River's highest flows, increasing risk around Coca Codo Sinclair's intake works, Primicias reports. The regressive-erosion front remained 3.6 km from the intake in the latest published report before the May 21 dike damage.
Programmed Power Cuts Cover 54 Cities in 15 Provinces With User Compensation
Ecuador will apply scheduled electricity cuts in 54 cities across 15 provinces during two consecutive weekends, Primicias reports. Energy Minister Juan Carlos Blum said the work is tied to preventive maintenance and system strengthening ahead of a possible El Nino event.
SRI Makes IVA Declarations Valid Only With Payment Starting June 1
Ecuador's tax authority will require IVA declaration and payment to occur simultaneously from June 1, Primicias reports. Late filing can trigger a 3% penalty on the amount due or 0.1% of gross sales or income when no IVA is determined.
Millicom Plans Tigo Brand Consolidation for Movistar and Tuenti in Ecuador
Millicom's Ecuador transition is moving toward a single Tigo brand, Primicias reports. The company completed the $380 million acquisition of Telefónica's Ecuador mobile operations on October 30, 2025.
Cerro Azul Order Tests Ecuador Mining Cadastre Reopening After Eight-Year Freeze
Ecuador's mining cadastre reopening moved back into focus after a ministerial agreement tied to Cerro Azul, Primicias reports. The order directs Arcom to begin a gradual and progressive opening for small mining of aggregates and stone materials in the Guayaquil-Daule-Samborondon corridor.
Petroecuador Output Falls to 356,867 Bpd During High-WTI Window
Petroecuador produced 356,867 barrels per day in April 2026, down 17,733 bpd year over year, Primicias reports. The decline occurred while WTI averaged $97 per barrel during the three-month conflict-driven price window.
BlaBlaCar Enters Ecuador as Carpooling Platform Across Intercity Mobility Market
BlaBlaCar has entered Ecuador as a carpooling platform, Primicias reports. The company says it is present in 21 countries and is expanding into eight Latin American markets, including Ecuador.
Ecumar EP to Emerge From Flopec-Astinave Fusion Under 180-Day Transition
Ecuador will merge Flopec and Astinave into Ecuador Maritimo Ecumar EP under a 180-day transition, El Universo and Primicias report. The new entity consolidates hydrocarbon transport, port logistics, shipbuilding, cabotage, foreign trade and technology functions inside a single maritime SOE.
SENAE Seeks $17.2M Palantir Foundry Renewal Through CNT
Ecuador's customs service is seeking a $17.2 million Palantir Foundry renewal, plus $2.6 million in IVA, through CNT, Primicias reports. SENAE argues non-renewal would affect customs-control processes, risk analysis, intelligence capacity and fiscal collection.
Assembly Begins SUCRE Exit Process With 20-Day Report Window
Ecuador's Assembly has begun processing the country's withdrawal from the SUCRE payment-compensation treaty, Primicias reports. The committee has 20 days to prepare a report and approval would require 77 votes in plenary.
Agriculture Ministry Cites $4M El Nino Insurance Budget and Additional Rice-Reserve Capacity
Ecuador's Agriculture Ministry has a $4 million budget for agricultural-insurance premiums tied to potential El Nino impacts, El Universo reports. Minister Juan Carlos Vega also said the government is seeking storage and budget for 20,000 additional tons of rice, requiring about $8 million more.
Automotive Sector Billing Rises 28.4% to $2.946B in Q1 2026
Ecuador's automotive sector billed $2.946 billion in the first quarter of 2026, up 28.4% from $2.296 billion in 2025, El Universo reports citing Aeade data. Vehicle commerce and repair accounted for $2.762 billion, while vehicle manufacturing contributed $187 million.
