Ecuador Country Commercial Guide
Learn about the market conditions, opportunities, regulations, and business conditions in ecuador, prepared by at U.S. Embassies worldwide by Commerce Department, State Department and other U.S. agencies’ professionals
Market Entry Strategy
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Best practices for market entry strategies encompass the following:

  • Secure an agent, representative, or distributor in Ecuador.  Sales to the Ecuadorian government require the company to have a local representative in Ecuador.  Given the small territory, one distributor often suffices.  Focus on formality, personal relationships, and trust when negotiating agreements and contracts.
  • Select a law firm early on to have legal support available in different areas like taxes, political/economic analysis, contracts, sanitary registrations, and legal reforms.
  • Conduct thorough due diligence to know your partner and understand the market.  The U.S. Commercial Service offers a host of services to assist your company with its due diligence process.
  • Communicate with the Commercial Unit of the U.S. Embassy in Quito regarding specific concerns, such as regulatory issues.
  • Visit the market often; take advantage of Ecuador’s geographic proximity to the United States and the abundance of flights connecting Ecuador to all regions of North America. 
  • Recognize that business planning can be a challenge because of frequent changes in Ecuador’s tax, commercial, investment, and economic policies and regulations.
  • Attend functions of local business promotion organizations such as the American Chambers of Commerce (AmCham), which number five in Ecuador (Quito, Guayaquil, Cuenca, Ambato, and Manta).
  • Keep in mind there are two distinct regions in Ecuador: the mountain and the coastal region.  Distinctions among the two regions are highly visible in consumer behavior, personalities, buying patterns, hobbies, and even political ideologies.