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Despite slower growth forecast for 2016 and measures to restrict imports, Ecuador offers U.S. food and agricultural product exporters a number of trade possibilities.
This report outlines Ecuador’s requirements for food and agricultural product imports. Hyperlinks to ministries, agencies, and legal documents have been provided throughout this updated report.
This report identifies Ecuador’s import requirements for foreign export certificates, highlighting current procedures and identifying the relevant local agencies with oversight over these issues.
Export prices were virtually unchanged from the previous week. The Government will issue a new public tender for non-food grade rice for industrial use by the end of November.
Despite the weakening Thai baht, export prices increased 1 percent as G-to-G agreement with Indonesia has been signed and shipments are beginning immediately.
Continued growth in Thailand livestock and poultry sectors is fueling larger-than-expected growth in soy protein demand.
Export prices declined around 1 percent due to quiet trading activities. Thai and Chinese Governments have finalized the delivery details of the 8th shipment under the 2014 G-to-G agreement.
Water restrictions for MY2015/16 off-season rice remain in place as current water supplies available for all uses are far below 2014.