- January 5, 2022
- Posted by: medium
- Category: National
There are 1,326 subheadings of personal hygiene products and supplies that will enter without tariff since January, according to the Chamber of Commerce of Guayaquil (CCG).
With the arrival of 2022, a new year of the entry into force of theCommercial AgreementMultiparteswith theEuropean Union(EU), of which Ecuador is part since 2017. Among the benefits that the treaty brought, one of the most palpable is the reduction of tariffs to products that are carried out annually, which has an impact on better prices for the final consumer.
Sweet, salty or flavored cookies, olives, shell nuts, percussion instruments, dairy formulas for babies, cigarette and bicycle nozzles are some of the European items whose tariffsThey will go down to 0 %. The agreement contemplatedProgressive DisaggmentsFive, seven and ten years old.
In this year, according to the Chamber of Commerce of Guayaquil (CCG), there are 1,326 tariff subheadings, which group from personal hygiene products, vehicles to industrial supplies, which would have a 0 %tariff.
According to the terms of the treaty, other goods will reach theirTotal deduction in later years; But this year they already register a considerable reduction below 10 %. For example, antiques will tax 9.20 % tariff; While light vehicle tires will be 6.90 %.
Shampoos, soaps and perfumes, which are the most demanded, have disgrace toseven and ten years.
| PRODUCT | Base tariff | Tariff in 2017 | Arancel a 2022 |
|---|---|---|---|
| Walnuts | 15 % | 12,5 % | 0 % |
| Bicycles | 15 % | 12,5 % | 0 % |
| Sweet, salty or flavored cookies | 20 % | 16,6 % | 0 % |
| Pepinillos and Pepinillos | 30 % | 25 % | 0 % |
| Garments and accessories | 20 % | 18,18 % | 9,2 % |
| Shampoos | 20 % | 17,5 % | 5 % |
| Perfume | 20 % | 17,5 % | 5 % |
| Room game | 30 % | 27,28 % | 13,80 % |
| Makeup powders | 20 % | 18,18 % | 9,20 % |
| Soap | 20 % | 18,19 % | 9,20 % |
For Miguel Ángel González, president of the CCG, this tariff reduction of more than 1,000 productswill promote household consumption nationwide,since it opens the range of options so that businesses can offer in their showcases.
On the hangers of thesupermarkets, for example, there are one or two options ofEuropean goodsIn each category. The offer goes from liquors and drinks to cheeses, clothing and olive oils.
On the other hand, according to González, the industrial products (raw materials) of the European Union are also the most demanded by Ecuador. In that sense, he considers that less tariffs in this new year"It is a relief for the businessman's pocket, especially in times of pandemic where there are still strong losses."
The exchange with the EU
In the five years of the agreementMultipartes, the non -oil trade balance betweenEcuadorand theEuropean UnionIt favors the Andean country. The figures ofCentral Bank of Ecuador(ECB) showed that from January to October 2021balanceHe recorded a surplus, because exports surpassed imports.
Until the tenth month, $ 3,121 million were sent to the European bloc, while $ 1,907 million were imported, which was favorable for the Andean country. In fact, if only 2021 shipments are taken into consideration,6 % more than the total exported in 2019 was reached, one year of prepaymia.
Growth is mainly driven by The export of goods of the traditional basket such as bananas, shrimp and canned fish. For the banana, the EU market concentrated 27 % of shipments until October; While for shrimp, countries such as Italy, France and Spain added a 16 % participation in total crustacean shipments.
According to the estimate ofEcuadorian Federation of Exporters (Fedexpor), non -oil exports would close 2021 with a value close to $ 3,755 million, while non -oil imports would reach $ 2,176 million, reflecting an increase of 13 % and 21 %, respectively.
In turn, the increase would leaveA favorable commercial balance for Ecuadorof more than $ 1,570 million, in 2021.
Xavier Rosero,Executive Vice President of the Guild, explained that the EU is the commercial partner with the greatest favorable and sustained balance of non -oil balance for the country, with more than $ 5.9 billion in accumulated surplus.
According to Rosero, this is the natural result of equating the access conditions of the exportable basket of Ecuador with the preferences of competitors who previously had a commercial agreement with the block.
The participation of the MSMEs
Another element that promoted exports to that block was the dynamism granted by small and medium enterprises (MSMEs). According to data from the Ministry of Production, Foreign Trade, Investments and Fisheries (MPCEIP),There are more than 1,200 companies that export to the EU, of which 60 % correspond to MSMEs and actors of the popular and solidarity economy.
The portfolio emphasizes that the purchasing power of the European market allows to findspecialized nichesWhere high quality products can arrive, "without the need for Ecuadorian companies to produce in very extensive amounts as it is done in the traditional offer."
Francisco Rivadeneira,Representative of the Export and Investment Promotion Corporation of Ecuador (Corpei) in Quito and the Sierra Region, said the ‘superfoodsor superfood ’in the last year they have managed to position themselves thanks to the agreement for the inclination of consumers towardshealthier products.
For example, theinstant soupsIn the basis of quinoa, chia, guayusa or horchata tea, canned vegetables, cassava or potato snacks, tablets with a high percentage of cocoa andAMARANTE DRINKSThey are some of the goods that have greater acceptance in this market.
"All those related to strengthening the immune system, concentrated in vitamin C or antioxidants are a segment that can continue to be enhanced," said Rivadeneira, who added that projects that are made up ofProductive chains with a great impact on local farmers.