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Ecuador extended its tariff exemption for soybean meal and wheat imports from all origins for five years, effective January 1, 2020.
As Ecuador’s economy recovers and domestic corn prices remain high, consumption of wheat and rice increased in 2017/18.
Ecuador’s COMEX Resolution 011-2015 (March 6, 2015) will have a significant impact on U.S. consumer-oriented export products such as beef, pork, confectionary, and fresh fruits.
Although Ecuador maintains a number of anti-biotech laws and regulations, there is minimal enforcement, and trade in cotton and soybean products continues.