War Balance

Is Ecuador helping Ukraine or Russia? Leaning toward Ukraine

Ecuador's support for Ukraine since 2022: <€1m (<0.01% of one year's GDP: its aid, refugee hosting, private donations and its other parts of support, net of money flowing back). Russia kept €411m (0.37% of GDP) less than without the war. The net is 0.37% of a year's GDP toward Ukraine (likely from 0.09% toward Russia to 1.5% toward Ukraine; likely toward Ukraine · 89%).

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Leaning toward Ukraine by

0.37% of a year's GDP since 2022

likely toward Ukraine · 89%

likely from 0.09% toward Russia to 1.5% toward Ukraine · €411m · ≈ 0.08%/yr

Supported Ukraine + cut Russia's earnings from trade = 0.37% of GDP toward Ukraine. Mostly less kept by Russia from trade.

Chance toward Ukraine: 89%; 100% of the other method choices agree.

Support for Ukraine

Supported Ukraine with

<0.01%

<€1m

about 0 essentially zero

Russia's earnings from trade

Probably cut Russia's earnings from trade by

0.37%

€411m

likely from 0.09% toward Russia to 1.5% toward Ukraine likely toward Ukraine · 89%

Russia kept €411m (0.37% of GDP) less than without the war.

The two lines add up to Russia's earnings from trade; their ranges do not.

Its story in short

What decides this number

Chance toward Ukraine: 89%; 100% of the other method choices agree. Not certain, mostly because of how much it would have bought from Russia without the war. What decides it: if Russia kept less from fuel and goods sold here were 86% smaller, the direction would flip.

What makes up the number

Supported Ukraine with <0.01% · <€1m

Probably cut Russia's earnings from trade by 0.37% · €411m

Russia kept less from fuel and goods sold hereC+0.43%€483m
Ecuador earned an extra price from Russia because of sanctionsD−0.06%€73m
Russia kept more from war-time fuel pricesC−0.04%€46m
Russia kept less from its oil bought via other countriesDown estimate+0.04%€43m
Ecuador kept less from selling to RussiaC+<0.01%€4m

+ toward Ukraine, − toward Russia (in support for Ukraine, − is money it earned back or bought less from Ukraine than without the war). Letters: A reported, B measured estimate, C modelled estimate, D rough indication.

By year

The year with the largest net amount was 2023: +€0.11bn.

YearSupport for UkraineTrade: toward Ukraine (+) / toward Russia (−)NetNet since 2022
2022+<€1m+€62m+€63m+0.06%
2023+<€1m+€114m+€114m+0.16%
2024+<€1m+€91m+€91m+0.24%
2025+<€1m+€60m+€60m+0.29%
2026*+<€1m+€84m+€84m+0.37%

Each year's amount: + toward Ukraine, − toward Russia. *2026: to August.

Trade with Russia before and after

It bought €0.41bn from Russia in 2021 and €0.16bn in 2025 (−62%). It sold €0.85bn to Russia in 2021 and €0.94bn in 2025 (+11%). Before the war (2018–2021), fuel was 40.2% of what it bought from Russia. For Ecuador: €46m paid above no-war prices, most of it in 2022. These are sales values at each year's prices; the totals count what the seller kept on them.

What it bought from Russia, by fuel

Ecuador's purchases from Russia, 2022 to August 2026, by fuel: by its own customs records (CIF), on the map's basis (the Russian border price, FOB) and by CREA's tracker (ship data). The map's figure is the total on the map's basis.

FuelCustoms (CIF)Map basis (FOB)Tracker (CREA)Quality
Oil products€0.16bn€0.15bnrange €0.12bn to €0.18bn€0.14bnC (estimate)
Coal€0m€0m€1m–
Other goods€0.81bn€0.75bn–
All goods€0.97bn€0.90bn–

Quality by year: 2022: A, 2023: A, 2024: A, 2025: C, 2026, January to August: A. C and D are estimates.

Every buyer, by fuel →

Sanctions on Russia

We found no sanctions of Ecuador's own against Russia (checked 27 October 2026). This says nothing about whether firms there follow other countries' sanctions. Russia's list of “unfriendly” states does not name Ecuador. Checked 27 October 2026.

Every country's sanctions on Russia →

The cost of switching away from Russian energy

Replacing Russian energy cost it about €80m extra from 2022 (0.07% of one year's GDP). This is not in the totals: shown for information.

Compared with its neighbours and groups

Its direction is leaning toward Ukraine, so the map's ranking gives it no number.

Neighbours by land

CountryNet, % of GDP
Ecuador+0.37%+€0.41bnlikely toward Ukraine · 89%
Colombia+0.15%+€0.52bnlikely toward Ukraine · 95%
Peru+0.07%+€0.19bnessentially zero

In its region, with the same chance and direction: the nearest net shares of GDP

CountryNet, % of GDP
Cuba+0.37%+€78mlikely toward Ukraine · 65%
Bolivia+0.44%+€0.22bnlikely toward Ukraine · 82%
Honduras+0.24%+€76mlikely toward Ukraine · 74%
Colombia+0.15%+€0.52bnlikely toward Ukraine · 95%

How the number is backed

16 sources back its parts: 3 official statistics, 2 research reports, 0 press reports and 2 of this project's own estimates, plus 9 method inputs. By size, 0% of its parts are reported or measured (A–B), 82% modelled (C) and 18% rough indications (D).

Data coverage

Sources, by part

Russia kept less from fuel and goods sold here C

Ecuador earned an extra price from Russia because of sanctions D

Russia kept more from war-time fuel prices C

Russia kept less from its oil bought via other countries D

Ecuador kept less from selling to Russia C

Every source of its parts (16)

Questions

What decides Ecuador's number?

Chance toward Ukraine: 89%; 100% of the other method choices agree. Not certain, mostly because of how much it would have bought from Russia without the war. What decides it: if Russia kept less from fuel and goods sold here were 86% smaller, the direction would flip.

Is Ecuador helping Russia?

In money terms the net is +0.37% of one year's GDP (likely from 0.09% toward Russia to 1.5% toward Ukraine; likely toward Ukraine · 89%). Chance toward Ukraine: 89%; 100% of the other method choices agree. Russia kept €411m (0.37% of GDP) less than without the war. The number counts money: weapons at their money value; votes, diplomacy and intent are not in it.

Does Ecuador trade with Russia?

It bought €0.16bn from Russia in 2025 (€0.41bn in 2021), and sold €0.94bn to Russia. What counts here is the change in what Russia kept from that trade (taxes and profit, not sales) against a world without the war: Russia kept €411m (0.37% of GDP) less than without the war.

How does Ecuador compare with its neighbours?

The net as a share of one year's GDP: Ecuador +0.37%, Colombia +0.15%, Peru +0.07%.

Where do the numbers for Ecuador come from?

16 sources back its parts, 3 of them official statistics. By part: Russia kept less from fuel and goods sold here: UN Comtrade, IMF trade statistics and Eurostat: goods trade with Russia and Ukraine; Ecuador earned an extra price from Russia because of sanctions: Sanctions premium on Russia's imports: UN Comtrade HS6 unit values to Russia against the rest of the world, CEPII, BOFIT and CEPR studies; Russia kept more from war-time fuel prices: War-time price windfall on Russian fuel: payments minus the same volume at the prices a no-war market expected (pre-invasion forecasts and futures: IMF, World Bank, EIA, ECB, ICE). The map's panel lists every one, with its documents.

Does Ecuador have sanctions on Russia?

We found no sanctions of Ecuador's own against Russia (checked 27 October 2026). This says nothing about whether firms there follow other countries' sanctions. Russia's list of “unfriendly” states does not name Ecuador.

Nearby in the ranking

Leaning toward Ukraine

  1. Austria+0.45%Leaning toward Ukraine · +€2.1bn · 68%
  2. Bolivia+0.44%Leaning toward Ukraine · +€217m · 82%
  3. Cuba+0.37%Leaning toward Ukraine · +€78m · 65%
  4. Ecuador+0.37%Leaning toward Ukraine · +€411m · 89%
  5. Montenegro+0.37%Leaning toward Ukraine · +€25m · 91%
  6. Burundi+0.29%Leaning toward Ukraine · +€10m · 73%
  7. Angola+0.25%Leaning toward Ukraine · +€261m · 92%

More about Ecuador

Its parts, ranked against other countries

Every country, by year

16 sources in all; the map's panel lists every one, with its documents. Open in the map · How this is measured

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Cite as: War Balance, figures to August 2026, https://warbalance.org/country/ecuador/