Ecuadorian banana producers believe the 10% U.S. tariff won't impact their competitiveness

In the context of the beginning of the collection of the 10 % tariff on Ecuadorian imports that enter the United States market since Saturday, April 5, the exporting sector analyzes the measure and compares the tariffs that the main Ecuadorian products that are exported to the United States pay with this new tariff compared to those of their competitors.

Among the most affected products are shrimp, cocoa and bananas, which did not pay tariffs, generating annual revenues of $2,681 billion. In declarations for the TeleSUR multiplatform, economic analyst Andrés Albuja warned that the US measure, raises the risk country significantly, predicting losses of up to $4 billion by 2025, which represents 50% higher than the historical country risk.

Bananas, cocoa, shrimp and flowers will be some of the products most affected by the imposition of a 10% tariff by the United States to Ecuador. In NotiMundo Estelar, Francisco Briones, former director of the SRI, explained that, although the measure has not yet entered into force, the effects observed so far are speculative. The entry Francisco Briones: The impact of the U.S. tariff could be less if Ecuador signs a FTA, it is necessary to reach…

Quito, 4 March (La Calle). – The recent announcement by the US president, Donald Trump, on the imposition of a 10% tariff on imports from Ecuador, will significantly impact productive sectors of bananas, cocoa, shrimp and flowers.The measure will enter into force from April 5, 2025. Impact on exports The imposition of this tariff has generated reactions from the key productive sectors of the national economy.In 2024, banana exports to the United…

The president and candidate, Daniel Noboa, said on Friday, April 4, that Ecuador becomes «more competitive» after the imposition of tariffs of 10% by the president of the United States, Donald Trump, compared to those that he has put to other countries. «It affects the world because it changes the rules of the game a little bit, but within that Ecuador ends up being one of the best unemployed» said the head of State in a radio interview in Cuenc…

Ecuadorian banana producers believe the 10% U.S. tariff won't impact their competitiveness

Ecuadorian banana producers believe the 10% U.S. tariff won't impact their competitiveness