Zürcher Nachrichten - Ecuador, Colombia ramp up trade war with tit-for-tat energy levies

EUR -
AED 4.135358
AFN 74.30766
ALL 92.174985
AMD 408.089217
ANG 2.015714
AOA 1033.546642
ARS 1716.797186
AUD 1.619592
AWG 2.029376
AZN 1.918444
BAM 1.95959
BBD 2.267215
BDT 138.392725
BGN 1.895331
BHD 0.424498
BIF 3374.787384
BMD 1.125867
BND 1.440686
BOB 13.524675
BRL 5.876469
BSD 1.125692
BTN 109.052025
BWP 15.561542
BYN 3.390557
BYR 22067.000075
BZD 2.263878
CAD 1.604846
CDF 2600.753988
CHF 0.932922
CLF 0.028273
CLP 1116.41447
CNY 7.548434
CNH 7.550574
COP 3685.008874
CRC 515.797517
CUC 1.125867
CUP 27.015606
CVE 110.729497
CZK 24.452605
DJF 200.089588
DKK 7.475427
DOP 67.210877
DZD 150.457842
EGP 58.890973
ERN 16.88801
ETB 183.858169
FJD 2.530106
FKP 0.853334
GBP 0.850312
GEL 2.921671
GGP 0.853334
GHS 13.220097
GIP 0.853334
GMD 82.755586
GNF 9901.797609
GTQ 8.602331
GYD 235.465374
HKD 8.834968
HNL 30.22185
HRK 7.537124
HTG 147.405071
HUF 368.853851
IDR 20182.29813
ILS 3.436519
IMP 0.853334
INR 108.275395
IQD 1474.671561
IRR 1966371.237333
ISK 137.232406
JEP 0.853334
JMD 178.204636
JOD 0.798284
JPY 177.641044
KES 146.081722
KGS 98.457532
KHR 4565.830004
KMF 493.130294
KPW 1013.280974
KRW 1515.158936
KWD 0.347702
KYD 0.938014
KZT 505.758102
LAK 25284.899273
LBP 100798.556354
LKR 372.246674
LRD 192.482248
LSL 18.820629
LTL 3.324394
LVL 0.681026
LYD 7.208942
MAD 11.183927
MDL 20.115903
MGA 4973.61864
MKD 61.700146
MMK 2364.184695
MNT 4051.28469
MOP 9.098496
MRU 44.980391
MUR 54.210939
MVR 17.395076
MWK 1951.874793
MXN 20.487452
MYR 4.599398
MZN 71.954607
NAD 18.82155
NGN 1495.895338
NIO 41.418629
NOK 10.829363
NPR 174.48324
NZD 2.006161
OMR 0.432897
PAB 1.125677
PEN 3.900705
PGK 5.097995
PHP 70.532779
PKR 311.766358
PLN 4.38518
PYG 6585.824279
QAR 4.10319
RON 5.343821
RSD 117.455029
RUB 94.346891
RWF 1667.124104
SAR 4.229236
SBD 9.079953
SCR 15.495772
SDG 677.21335
SEK 11.294143
SGD 1.440334
SHP 0.852801
SLE 27.700465
SLL 23608.866271
SOS 643.321284
SRD 42.570738
STD 23303.181044
STN 24.547801
SVC 9.849179
SYP 14638.527581
SZL 18.816722
THB 37.811172
TJS 10.361639
TMT 3.951794
TND 3.354332
TOP 2.710818
TRY 55.325013
TTD 7.632761
TWD 35.848785
TZS 2966.663889
UAH 50.651406
UGX 4491.746576
USD 1.125867
UYU 45.368949
UZS 13277.030654
VES 974.413465
VND 29256.226043
VUV 135.199002
WST 3.130892
XAF 655.957
XAG 0.01869
XAU 0.000272045889
XCD 3.042713
XCG 2.028723
XDR 0.796047
XOF 655.957
XPF 119.331742
YER 266.126937
ZAR 18.759556
ZMK 10134.161233
ZMW 22.118776
ZWL 362.528828
SSP 6431.620713
MXV 2.318114
  • RBGPF

    0.0000

    65

    0%

  • GSK

    -0.1500

    47.03

    -0.32%

  • RIO

    1.3400

    94.21

    +1.42%

  • BCC

    0.2900

    74.99

    +0.39%

  • RYCEF

    0.3000

    19.7

    +1.52%

  • NGG

    0.7900

    76.12

    +1.04%

  • CMSC

    0.0800

    20.24

    +0.4%

  • VOD

    0.4400

    16.82

    +2.62%

  • AZN

    -0.8000

    156.9

    -0.51%

  • RELX

    -0.0700

    33.42

    -0.21%

  • BCE

    -0.1900

    19.73

    -0.96%

  • BTI

    0.2849

    52.64

    +0.54%

  • CMSD

    0.0900

    20.43

    +0.44%

  • JRI

    0.1300

    10.9

    +1.19%

  • BP

    0.2900

    44.79

    +0.65%

Ecuador, Colombia ramp up trade war with tit-for-tat energy levies
Ecuador, Colombia ramp up trade war with tit-for-tat energy levies / Photo: Joaquín Sarmiento - AFP

Ecuador, Colombia ramp up trade war with tit-for-tat energy levies

Colombia and Ecuador punished each other with dueling levies Thursday on fuel and other imports, escalating a trade and diplomatic feud over narco activity on their shared border.

Text size:

Quito accuses Colombia -- the world's biggest cocaine producer -- of falling short in the fight against drug cartels blamed for a steep rise in violent crime in once peaceful Ecuador.

On Wednesday it announced a 30 percent tariff, starting in February, on imports from Colombia, whose energy minister denounced "an act of economic aggression."

Bogota retorted Thursday with a matching 30-percent "corrective action" on about 20 unspecified products, for now.

Bogota also announced it would suspend electricity sales to Ecuador, which relies heavily on its neighbor for power and hit back with a levy on Colombian oil traveling through its majority state-owned OCP pipeline.

Ecuador's President Daniel Noboa is an ally of US counterpart Donald Trump, who has also made the drug fight a priority and has similarly used tariffs in pursuit of his goals.

But experts contacted by AFP said Ecuador may draw the short straw in its standoff with Colombia, whose ministry of mines and energy announced a suspension of "international electricity transactions" with the neighboring country.

Without mentioning the trade spat, the ministry cited "increased pressure on the Colombian electrical system" as it announced "a preventive measure aimed at protecting Colombia’s sovereignty and energy security."

Colombia repeatedly came to its neighbor's aid as Ecuador suffered prolonged electricity outages during droughts in 2024 and 2025.

Ecuador, a country of 17 million, relies on hydro generation for 70 percent of its electric power. It consumes more energy than it produces, and Colombia covers about half of the deficit.

A shortage of electricity "could paralyze" Ecuador," Alberto Acosta Burneo, an economic analyst at Grupo Spurrier, told AFP.

Colombia proposed a bilateral meeting at the border on January 25, according to an official letter published by local media.

- 'Reciprocal' -

Colombia, too, will the feel the pain of a trade war if it has to pay a higher levy for oil transport through Ecuador's OCP pipeline.

"The tariff for transporting Colombian crude oil through the OCP will be reciprocal to the measures taken regarding electricity," Environment and Energy Minister Ines Manzano said on X.

According to the OCP website, 46 million barrels of Colombian crude have been carried through the pipeline since 2013, from the Amazon jungle to a port on Ecuador’s Pacific coast.

The OCP has capacity for 450,000 barrels per day.

Ecuador, once one of South America's safest countries, has been transformed into a major cocaine trafficking hub in the space of a few years, plagued by gangs with ties to Mexican and Colombian cartels.

It closed 2025 with a rate of 52 homicides per 100,000 residents, amounting to one every hour, according to the Geneva-based Organized Crime Observatory.

Ecuador's 600-kilometer (370-mile) border with Colombia, which stretches from the Pacific Ocean to the Amazon, is porous and riddled with contraband crossings.

Leftist Petro and counterpart Noboa are on opposite ends of the political spectrum, and have frequently clashed on issues including the recent US military ouster of Venezuela's Nicolas Maduro.

But the countries are historically close trading partners.

Colombia's main exports to its neighbor are electricity, medicines, vehicles, cosmetics, and plastics, according to Colombia’s National Association of Foreign Trade.

Ecuador's exports include vegetable fats, canned tuna, minerals and metals.

M.J.Baumann--NZN