The Colombian government retaliated against Ecuador's 100% tariff hike on Colombian products by imposing the same on over 70 Ecuadorian tariff subheadings. Trade Minister Diana Morales amended Decree 170 after unsuccessful diplomatic efforts. Colombian exports to Ecuador dropped 35% in February to US$109.3 million.
Ecuador, under President Daniel Noboa, raised tariffs on Colombian products from 50% to 100%, retaliating over Colombia's alleged lack of border security aid. The move affects imports commonly bought by Ecuadorians and risks Colombian electricity sales to northern Ecuador.
Trade Minister Diana Morales announced Colombia's response: “We have exhausted all diplomatic efforts and kept dialogue channels open with the Ecuadorian Government seeking a solution that benefits both countries, businesses, and above all, communities on both sides of the border. However, we have not received a positive response.”
Dane data shows the impact: exports to Ecuador in February reached US$109.3 million, 35% down from US$168.3 million the previous year, the second-lowest in 10 years. Analdex's Javier Díaz highlighted the drop in electricity exports.
President Gustavo Petro called Ecuador's measure a “monstrosity” and ordered the ambassador home immediately, proposing a shift to Mercosur. Business leaders from both countries urged dialogue: Andi's Bruce Mac Master warned each lost month undermines companies, while Ecuador's Chamber head Maria Paz Jervis noted trade has multiplied 174 times in 60 years.
