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As Ecuador's sugar supply and demand find an equilibrium, ethanol production and a possible increase in the ethanol blend rate could help to absorb some excess sugar supply.
Ecuador is a promising market for the expansion of the demand for ethanol.
South America is one of the fastest-growing world regions for exports of U.S. farm and food products, and Chile and Peru are among the most rapidly growing markets in the region.
On May 13, 2015, Ecuador President Rafael Correa signed Executive Decree 675. The decree doubles to ten percent the ethanol blend rate in Ecuadorian regular grade (87-octane) gasoline.
U.S. exports of corn-based products have experienced rapid growth in the past decade, reaching a value of $7.6 billion in fiscal year 2014, up 16 percent from the previous year.