Ecuador's trade balance is generally positive, due overwhelmingly to its oil exports. Ecuador's oil reserves and refineries account for slightly over half of the country's commodity exports (51%). Agricultural exports include bananas (17%), shellfish (5.7%), coffee and cocoa (2.6%), and fish (4.6%). In 2000, the government raised the price of Ecuadorian petrol by 60% in order to forge an economic recovery. Ecuador exports about half of its petroleum to the US, while the US supplied 26% of Ecuador's imports in 2000.
In 2000 Ecuador's imports were distributed among the following categories:
Principal trading partners in 2000 (in millions of US dollars) were as follows: