Ecuador: Blueberries and 11 other products with 0% tariffs will have to wait years to enter China

Published 2024년 5월 20일

Tridge summary

Ecuador has seen a reduction in tariffs on 12 foods to 0% under a trade agreement with China, including blueberries, passion fruit, tree tomatoes, and quinoa. However, the approval of phytosanitary protocols is still pending for these exports to enter China. The protocol development and approval process can take anywhere from 1.5 to 5 years. Currently, negotiations are underway for quinoa and dairy products. Ecuador's blueberry exporters are optimistic for the approval of protocols for their product, given the demand in China. The Federation expects a growth of 10% to 15% in exports by 2024 and 2025.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The trade agreement with China reduced the tariff on at least 12 foods with great potential for Ecuador to 0%, but its producers will still have to wait to take advantage of these benefits. And they will still have to wait for China to approve the phytosanitary protocols before allowing them to enter. Among those products with 0% tariffs are blueberries, passion fruit, tree tomatoes, quinoa and others that are detailed in the following graph: On the other hand, there are other products that were also benefited from the exemption from paying tariffs, but that They have this health protocol, required for food products. For example, dragon fruit and cocoa powder. There are also others that do not need this requirement and can enter from May 1 with 0% tariff: chocolate (three tariff items), tuna and preparations, palm heart preparations, mineral water, jams, fruit juices, teas. Likewise, non-food products, such as handmade bags and toquilla straw hats. What is a phytosanitary ...
Source: Primicias

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.