Evaluating the market in Ecuador

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Country Risk Quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.

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Global Export Forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.

Read the latest Government of Canada travel advisory for this market.

Business environment in Ecuador

Continued low oil prices have impacted the Ecuadorian economy and made it susceptible to oil price shocks, due to the country's reliance - albeit decreasing - on the oil industry. Subdued economic growth has further impacted Ecuador's liquidity position, which could cause delays in accessing foreign currency. With the victory of President Lenin Moreno, the commercial environment is expected to see gradual improvements as he takes a more open and collaborative approach to private and foreign investment. The government is focused on diversifying the economy with planned investment into the energy, infrastructure and transportation sectors.
  • Agriculture
  • Construction & Infrastructure
  • Mining & Metals
  • Oil and Gas

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