Ecuador's trade balance surplus widened to USD 555.6 million in January 2025, up from a surplus of USD 316.26 million in the same month of 2024, marking the thirteenth consecutive monthly surplus. Exports surged by 21.5% year-on-year to USD 3,172.11 million, driven by a 25.5% increase in shipments of primary goods, particularly crude oil (5.35%), cacao (353%), and shrimp (30.9%), while manufactured products edged higher by 1.1%. Meanwhile, imports rose by 14.0% to USD 2,616.51 million, primarily due to increased purchases of, fuel and lubricants (38.9%), raw materials (6.7%), and capital goods (16%).
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