Ecuador concluded 2025 with a record $25.2 billion in non-oil and non-mining exports, an increase of $3.457 billion compared to 2024. However, growth projections for 2026 are more conservative, with expected growth rates between 6% and 7%. This shift is attributed to emerging signs of weakness in the international market and is a natural response to the accumulated volatility experienced throughout 2025. Xavier Rosero, the executive president of the Ecuadorian Exporters Federation (Fedexpor), presented these figures and insights during an event in Guayaquil on February 19th.

Rosero elaborated that the ongoing cooling of demand is causing countries to retract their international demands to focus on local supplies, resulting in an oversupply in various markets. This scenario suggests that although the previous year brought unprecedented success, the coming year is likely to present more challenges for exporters in Ecuador. The Fedexpor's analysis emphasizes the need for local businesses to adapt to these changing conditions to maintain their competitive edge in the global market.

The export figures and projections underscore the precarious nature of international trade, particularly in light of current economic trends. As Ecuador navigates this uncertainty, export diversification and domestic support mechanisms may become pivotal in stabilizing growth and ensuring that the Ecuadorian economy can weather any future fluctuations in global demand.