Browse Data and Analysis

Ecuador's sugar production in marketing year (MY) 2024/25 is forecast to recover to 530,000 metric tons (MT), the same as the MY 2022/23 estimate, due to a rebound in harvested area after a difficult El Nino weather cycle during the second half of 2023.

Despite continued economic, security and political constraints, U.S. – Ecuador bilateral agricultural and related product trade rose to $4.4 billion in 2023. In addition, U.S. agricultural and related product exports to Ecuador reached a record $805.6 million.

In 2023, the Government of Ecuador continued to support floor prices for local production of corn, rice, and wheat, but has reduced subsidies for fertilizers, pesticides, and minor equipment for small producers.

During Market Year (MY) 2016/17 (April/March), domestic bean production continued declining.