IBOV 173,325.65 ▼ 0.03% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,281,979 ▲ 1.81% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 56,620.35 — — USD/BRL5.07▼ 0.04% USD/MXN17.41▼ 0.02% USD/CLP934.18▼ 0.03% USD/COP3,220▼ 1.11% USD/PEN3.40▲ 0.07% USD/ARS1,478▼ 0.27% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.02▼ 0.31% USD/CRC446.12▲ 1.15% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 0.55% USD/TTD6.73▲ 1.11% EUR/BRL5.79▼ 0.60% BRENT 84.56 ▼ 7.09% WTI 88.24 ▲ 3.92% IRON ORE 161.91 — — COPPER 6.52 ▲ 0.18% GOLD 4,122 ▲ 1.24% SILVER 59.79 ▲ 1.61% SOY 1,224 ▲ 0.35% CORN 478.00 ▲ 5.58% WHEAT 683.00 ▲ 0.74% COFFEE 322.15 ▼ 2.95% SUGAR 14.81 ▼ 0.47% ORANGE JUICE 142.30 ▼ 3.46% COTTON 80.15 ▲ 1.51% COCOA 5,513 ▼ 1.68% BEEF 223.05 ▼ 1.53% CATTLE 344.88 ▼ 2.02% LITHIUM 69.08 ▲ 3.23% PETR4 41.66 ▲ 1.24% VALE3 72.37 ▲ 0.61% ITUB4 42.53 ▲ 0.54% BBDC4 18.55 ▲ 0.76% ABEV3 15.80 ▲ 0.06% BBAS3 20.88 ▲ 3.52% B3SA3 15.17 ▼ 0.59% WEGE3 42.47 ▼ 1.53% PRIO3 58.18 ▲ 0.85% SUZB3 41.63 ▼ 0.62% RENT3 36.55 ▼ 2.51% AZZA3 17.48 ▼ 3.80% CSAN3 3.78 ▼ 1.05% RAIZ4 0.27 — 0.00% PCAR3 2.73 ▲ 5.00% GMAT3 3.83 ▼ 0.52% PSSA3 53.48 ▼ 1.33% CVCB3 1.12 ▲ 3.70% POSI3 3.68 ▼ 0.54% SLCE3 13.75 ▲ 1.33% NATU3 8.71 ▲ 0.93% BRKM5 5.71 ▼ 3.87% RANI3 7.89 ▼ 1.25% CSNA3 5.06 ▼ 0.20% CMIN3 5.58 ▲ 3.53% USIM5 8.46 ▲ 3.68% GGBR4 23.49 ▼ 0.55% ENEV3 25.42 ▼ 0.90% CPFE3 46.40 ▲ 0.17% CMIG4 11.02 — 0.00% EQTL3 38.83 ▼ 1.17% LREN3 13.27 ▼ 0.30% VIVT3 35.80 ▲ 0.36% RAIL3 13.24 ▼ 2.43% KLABIN 17.59 ▲ 0.63% RAIA DROGASIL 18.13 ▼ 3.00% RDOR3 33.92 ▼ 4.32% HAPV3 11.24 ▼ 2.68% FLRY3 16.55 ▼ 0.06% SMTO3 15.58 ▲ 1.10% UGPA3 31.82 ▲ 0.38% VBBR3 33.95 ▼ 0.47% BBSE3 41.55 ▲ 1.22% BPAC11 55.37 ▼ 0.84% CURY3 29.95 ▼ 0.80% AERI3 2.04 ▼ 1.45% VIVARA 21.41 ▼ 2.50% COMPASS 24.44 ▼ 0.65% VAMOS 3.09 — 0.00% SANB11 27.21 ▲ 0.74% ASAI3 8.25 ▲ 1.35% SBSP3 28.60 ▼ 1.31% WALMEX 49.15 ▼ 0.47% GMEXICO 209.54 ▲ 4.34% FEMSA 226.99 ▲ 0.01% CEMEX 22.07 ▲ 0.87% GFNORTE 185.80 ▲ 3.22% BIMBO 59.39 ▼ 0.18% TELEVISA 9.70 ▼ 0.10% AMX 22.76 ▲ 0.09% GAP 378.85 ▲ 0.17% ASUR 274.96 ▲ 0.22% OMA 225.89 ▼ 0.24% KOF 181.05 ▲ 0.13% GRUMA 282.60 ▼ 1.74% KIMBER 38.40 ▲ 0.03% SQM-B 64,540 ▲ 2.25% COPEC 6,450 ▲ 4.03% BSANTANDER 79.01 ▲ 3.84% FALABELLA 5,919 ▲ 0.75% ENELAM 84.53 ▲ 0.50% CENCOSUD 2,028 ▲ 1.66% CMPC 1,084 ▲ 1.67% BANCO CHILE 190.01 ▲ 1.89% LATAM AIR 24.20 ▼ 0.86% YPF 80,625 ▲ 1.80% GGAL 7,965 ▲ 1.53% PAMPA 5,475 ▲ 3.89% TXAR 679.00 ▲ 1.27% ALUAR 973.00 ▲ 1.41% TGS 9,710 ▲ 2.21% CEPU 2,340 ▲ 2.23% MIRGOR 16,775 ▼ 2.04% COME 42.87 ▼ 0.19% LOMA NEGRA 3,605 ▲ 0.91% BYMA 292.25 ▼ 0.51% TELECOM ARG 4,255 ▲ 2.65% ECOPETROL 16.53 ▲ 3.09% BANCOLOMBIA 83.64 ▲ 3.49% GRUPO AVAL 5.09 ▲ 2.83% CREDICORP 391.10 ▲ 1.10% SOUTHERN COPPER 188.01 ▲ 7.39% BUENAVENTURA 31.25 ▲ 3.96% MERCADOLIBRE 1,823 ▼ 0.53% NUBANK 14.39 ▲ 2.86% XP 16.85 ▲ 0.30% PAGSEGURO 9.58 ▲ 3.12% STONE 11.26 ▲ 1.21% GLOBANT 32.10 ▼ 0.59% TECNOGLASS 45.15 ▼ 2.08% GAP AIRPORT 217.68 ▲ 0.26% ASUR 274.96 ▲ 0.22% OMA AIRPORT 104.23 ▲ 0.21% AMX ADR 26.09 ▼ 0.04% FEMSA ADR 130.35 ▲ 0.26% CEMEX ADR 12.70 ▲ 1.68% PETROBRAS ADR 18.54 ▲ 1.92% VALE ADR 14.25 ▲ 1.06% ITAU ADR 8.40 ▲ 0.96% SANTANDER BR 5.40 ▲ 0.56% AMBEV ADR 3.11 ▲ 0.97% CSN 1.01 ▼ 0.50% GERDAU 4.64 ▼ 0.85% LATAM ADR 51.58 ▼ 0.31% BTC 65,836 ▼ 1.01% ETH 1,920 ▼ 0.43% SOL 77.37 ▼ 0.95% XRP 1.13 ▼ 0.83% BNB 569.13 ▼ 0.78% ADA 0.17 ▼ 0.32% DOGE 0.07 ▼ 1.23% AVAX 6.49 ▼ 1.09% LINK 8.60 ▼ 0.57% DOT 0.84 ▼ 1.04% LTC 46.45 ▼ 0.78% BCH 220.79 ▼ 1.30% TRX 0.33 ▼ 0.04% XLM 0.19 ▼ 1.29% HBAR 0.07 ▲ 2.09% NEAR 1.87 ▼ 3.36% ATOM 1.47 ▼ 1.15% AAVE 95.53 ▼ 0.04% SELIC 14.25% EMBRAER 82.65 ▼ 0.77% EMBRAER ADR 65.47 ▼ 0.70% JBS 11.95 ▼ 0.67% JBS BDR 60.22 ▼ 0.94% MBRF3 15.11 ▲ 4.06% MBRFY 2.95 ▲ 1.37% INTER 5.58 ▼ 0.71% EGX 54,069 ▲ 0.15% USD/ZAR16.45▼ 0.11% USD/NGN 1,376 — 0.00% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,986 ▼ 0.83% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY163.00▼ 0.11% USD/CNY6.76▼ 0.08% DAX 25,204 ▲ 0.77% CAC 8,446 ▲ 1.00% FTSE 10,720 ▲ 1.26% MIB 52,789 ▲ 0.96% IBEX 19,606 ▲ 1.16% STOXX 647.11 ▲ 0.61% EUR/USD1.14▲ 0.12% GBP/USD1.34▼ 0.45% SPX 7,509 ▲ 0.89% DJI 52,225 ▲ 0.74% NDX 29,155 ▲ 1.93% RUT 2,987 ▲ 1.53% TSX 35,369 ▲ 1.17% VIX 17.37 ▲ 1.88% USD/CAD1.41▼ 0.09% US10Y 4.6280 ▲ 0.65% IBOV 173,325.65 ▼ 0.03% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,281,979 ▲ 1.81% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 56,620.35 — — USD/BRL 5.07 ▼ 0.04% USD/MXN 17.41 ▼ 0.02% USD/CLP 934.18 ▼ 0.03% USD/COP 3,220 ▼ 1.11% USD/PEN 3.40 ▲ 0.07% USD/ARS 1,478 ▼ 0.27% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.02 ▼ 0.31% USD/CRC 446.12 ▲ 1.15% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 0.55% USD/TTD 6.73 ▲ 1.02% EUR/BRL 5.79 ▼ 0.60% BRENT 84.56 ▼ 7.09% WTI 88.24 ▲ 3.92% IRON ORE 161.91 — — COPPER 6.52 ▲ 0.18% GOLD 4,122 ▲ 1.24% SILVER 59.79 ▲ 1.61% SOY 1,224 ▲ 0.35% CORN 478.00 ▲ 5.58% WHEAT 683.00 ▲ 0.74% COFFEE 322.15 ▼ 2.95% SUGAR 14.81 ▼ 0.47% ORANGE JUICE 142.30 ▼ 3.46% COTTON 80.15 ▲ 1.51% COCOA 5,513 ▼ 1.68% BEEF 223.05 ▼ 1.53% CATTLE 344.88 ▼ 2.02% LITHIUM 69.08 ▲ 3.23% PETR4 41.66 ▲ 1.24% VALE3 72.37 ▲ 0.61% ITUB4 42.53 ▲ 0.54% BBDC4 18.55 ▲ 0.76% ABEV3 15.80 ▲ 0.06% BBAS3 20.88 ▲ 3.52% B3SA3 15.17 ▼ 0.59% WEGE3 42.47 ▼ 1.53% PRIO3 58.18 ▲ 0.85% SUZB3 41.63 ▼ 0.62% RENT3 36.55 ▼ 2.51% AZZA3 17.48 ▼ 3.80% CSAN3 3.78 ▼ 1.05% RAIZ4 0.27 — 0.00% PCAR3 2.73 ▲ 5.00% GMAT3 3.83 ▼ 0.52% PSSA3 53.48 ▼ 1.33% CVCB3 1.12 ▲ 3.70% POSI3 3.68 ▼ 0.54% SLCE3 13.75 ▲ 1.33% NATU3 8.71 ▲ 0.93% BRKM5 5.71 ▼ 3.87% RANI3 7.89 ▼ 1.25% CSNA3 5.06 ▼ 0.20% CMIN3 5.58 ▲ 3.53% USIM5 8.46 ▲ 3.68% GGBR4 23.49 ▼ 0.55% ENEV3 25.42 ▼ 0.90% CPFE3 46.40 ▲ 0.17% CMIG4 11.02 — 0.00% EQTL3 38.83 ▼ 1.17% LREN3 13.27 ▼ 0.30% VIVT3 35.80 ▲ 0.36% RAIL3 13.24 ▼ 2.43% KLABIN 17.59 ▲ 0.63% RAIA DROGASIL 18.13 ▼ 3.00% RDOR3 33.92 ▼ 4.32% HAPV3 11.24 ▼ 2.68% FLRY3 16.55 ▼ 0.06% SMTO3 15.58 ▲ 1.10% UGPA3 31.82 ▲ 0.38% VBBR3 33.95 ▼ 0.47% BBSE3 41.55 ▲ 1.22% BPAC11 55.37 ▼ 0.84% CURY3 29.95 ▼ 0.80% AERI3 2.04 ▼ 1.45% VIVARA 21.41 ▼ 2.50% COMPASS 24.44 ▼ 0.65% VAMOS 3.09 — 0.00% SANB11 27.21 ▲ 0.74% ASAI3 8.25 ▲ 1.35% SBSP3 28.60 ▼ 1.31% WALMEX 49.15 ▼ 0.47% GMEXICO 209.54 ▲ 4.34% FEMSA 226.99 ▲ 0.01% CEMEX 22.07 ▲ 0.87% GFNORTE 185.80 ▲ 3.22% BIMBO 59.39 ▼ 0.18% TELEVISA 9.70 ▼ 0.10% AMX 22.76 ▲ 0.09% GAP 378.85 ▲ 0.17% ASUR 274.96 ▲ 0.22% OMA 225.89 ▼ 0.24% KOF 181.05 ▲ 0.13% GRUMA 282.60 ▼ 1.74% KIMBER 38.40 ▲ 0.03% SQM-B 64,540 ▲ 2.25% COPEC 6,450 ▲ 4.03% BSANTANDER 79.01 ▲ 3.84% FALABELLA 5,919 ▲ 0.75% ENELAM 84.53 ▲ 0.50% CENCOSUD 2,028 ▲ 1.66% CMPC 1,084 ▲ 1.67% BANCO CHILE 190.01 ▲ 1.89% LATAM AIR 24.20 ▼ 0.86% YPF 80,625 ▲ 1.80% GGAL 7,965 ▲ 1.53% PAMPA 5,475 ▲ 3.89% TXAR 679.00 ▲ 1.27% ALUAR 973.00 ▲ 1.41% TGS 9,710 ▲ 2.21% CEPU 2,340 ▲ 2.23% MIRGOR 16,775 ▼ 2.04% COME 42.87 ▼ 0.19% LOMA NEGRA 3,605 ▲ 0.91% BYMA 292.25 ▼ 0.51% TELECOM ARG 4,255 ▲ 2.65% ECOPETROL 16.53 ▲ 3.09% BANCOLOMBIA 83.64 ▲ 3.49% GRUPO AVAL 5.09 ▲ 2.83% CREDICORP 391.10 ▲ 1.10% SOUTHERN COPPER 188.01 ▲ 7.39% BUENAVENTURA 31.25 ▲ 3.96% MERCADOLIBRE 1,823 ▼ 0.53% NUBANK 14.39 ▲ 2.86% XP 16.85 ▲ 0.30% PAGSEGURO 9.58 ▲ 3.12% STONE 11.26 ▲ 1.21% GLOBANT 32.10 ▼ 0.59% TECNOGLASS 45.15 ▼ 2.08% GAP AIRPORT 217.68 ▲ 0.26% ASUR 274.96 ▲ 0.22% OMA AIRPORT 104.23 ▲ 0.21% AMX ADR 26.09 ▼ 0.04% FEMSA ADR 130.35 ▲ 0.26% CEMEX ADR 12.70 ▲ 1.68% PETROBRAS ADR 18.54 ▲ 1.92% VALE ADR 14.25 ▲ 1.06% ITAU ADR 8.40 ▲ 0.96% SANTANDER BR 5.40 ▲ 0.56% AMBEV ADR 3.11 ▲ 0.97% CSN 1.01 ▼ 0.50% GERDAU 4.64 ▼ 0.85% LATAM ADR 51.58 ▼ 0.31% BTC 65,836 ▼ 1.01% ETH 1,920 ▼ 0.43% SOL 77.37 ▼ 0.95% XRP 1.13 ▼ 0.83% BNB 569.13 ▼ 0.78% ADA 0.17 ▼ 0.32% DOGE 0.07 ▼ 1.23% AVAX 6.49 ▼ 1.09% LINK 8.60 ▼ 0.57% DOT 0.84 ▼ 1.04% LTC 46.45 ▼ 0.78% BCH 220.79 ▼ 1.30% TRX 0.33 ▼ 0.04% XLM 0.19 ▼ 1.29% HBAR 0.07 ▲ 2.09% NEAR 1.87 ▼ 3.36% ATOM 1.47 ▼ 1.15% AAVE 95.53 ▼ 0.04% SELIC 14.25% EMBRAER 82.65 ▼ 0.77% EMBRAER ADR 65.47 ▼ 0.70% JBS 11.95 ▼ 0.67% JBS BDR 60.22 ▼ 0.94% MBRF3 15.11 ▲ 4.06% MBRFY 2.95 ▲ 1.37% INTER 5.58 ▼ 0.71% EGX 54,069 ▲ 0.15% USD/ZAR 16.45 ▼ 0.05% USD/NGN 1,376 — 0.00% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,986 ▼ 0.83% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 162.98 ▼ 0.10% USD/CNY 6.7604 ▲ 0.05% DAX 25,204 ▲ 0.77% CAC 8,446 ▲ 1.00% FTSE 10,720 ▲ 1.26% MIB 52,789 ▲ 0.96% IBEX 19,606 ▲ 1.16% STOXX 647.11 ▲ 0.61% EUR/USD 1.1412 ▲ 0.07% GBP/USD 1.3369 ▼ 0.07% SPX 7,509 ▲ 0.89% DJI 52,225 ▲ 0.74% NDX 29,155 ▲ 1.93% RUT 2,987 ▲ 1.53% TSX 35,369 ▲ 1.17% VIX 17.37 ▲ 1.88% USD/CAD 1.4094 ▼ 0.09% US10Y 4.6280 ▲ 0.65%
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Wednesday, July 22, 2026

Ecuador’s Emerging Role in Coca Production

By · October 23, 2024 · 2 min read

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Ecuador has recently gained attention as a budding coca producer, highlighted by President Daniel Noboa’s announcement of approximately 2,000 hectares of coca cultivation.

This marks the first official estimate of coca crops in Ecuador, a country historically overshadowed by its neighbors in this regard.

On October 14, President Obama shared these figures during a press conference on local television stations. The United Nations Office on Drugs and Crime (UNODC) has monitored illicit crops in Ecuador but has not provided an estimate of their total area until now.

Noboa emphasized that security forces have already initiated eradication operations, primarily targeting the northeastern regions near the Colombian border, the world’s largest cocaine producer.

President Noboa stated, “The past opened doors for us to become a producer country. Today, we are working to close them.” He noted that coca crops began appearing in Ecuador about three years ago.

Ecuador's Emerging Role in Coca Production
Ecuador’s Emerging Role in Coca Production. (Photo Internet reproduction)
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Each hectare potentially generates $160,000 for criminal organizations, suggesting a total estimated value of $320 million (R$1,792 million) for Ecuador’s coca cultivation.

In addition, the data supporting these claims come from “satellite reports obtained with international assistance,” according to Noboa.

The U.S. Bureau of International Narcotics and Law Enforcement Affairs confirmed to InSight Crime that this information stems from an “exploratory” report based on publicly available satellite data.

Ecuador’s Coca Cultivation and Government Response

Ecuador’s coca cultivation pales compared to its northern and southern neighbors. Colombia and Peru lead global production with 230,000 and 95,000 hectares, respectively.

Bolivia stands as the third-largest producer with approximately 40,000 hectares. Smaller coca plantations have been found in countries like Venezuela, Honduras, Mexico, and Guatemala. However, detailed monitoring of these areas remains limited.

Noboa’s announcement comes at a crucial time as his government intensifies efforts against increasingly sophisticated and violent criminal groups. These groups are a significant concern within Ecuador.

The military plays a central role in combating organized crime amid persistently high homicide rates. Noboa might be leveraging his announcement politically as he prepares for the February 2025 presidential elections.

He has appeared at security operations sites wearing protective gear while boasting about reduced homicide rates. Additionally, he has blamed his predecessors for the security issues.

The lack of detailed monitoring means the true extent of coca cultivation remains controversial. The INL’s exploratory report highlights the need for “field research” to corroborate satellite data findings.

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