IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

Yes

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

Yes
← back to the state act
Inception date: 04 Dec 2014 | Removal date: 31 Dec 2016
Still in force

Import tariff

On December 3, 2014, the Ecuadorian Foreign Trade Committee passed Resolution 045 approving the temporary elimination of import tariffs on pots and pans used in induction cookers. These new tariffs only applied for those importers registered in the Ministry of Industry and Production as kitchenwares importers for the Energy Efficiency Program for Induction Cooking and Electric Water Heating. These goods previously experienced a 30% import duty. This new tariff value does not apply to other types of kitchenwares.

This law emerged from the Government's effort to change the energetic matrix of the country and reduce the importation of Liquified Natural Gas.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

429 Other fabricated metal products
7323 Table, kitchen or other household articles and parts thereof, of iron or steel; iron or steel wool; pot scourers and scouring or polishing pads, gloves and the like, of iron or steel.
732393 Of stainless steel
732394 Of iron (other than cast iron) or steel, enamelled
732399 Other
7325 Other cast articles of iron or steel.
732599 Other
7326 Other articles of iron or steel.
732690 Other
7615 Table, kitchen or other household articles and parts thereof, of aluminium; pot scourers and scouring or polishing pads, gloves and the like, of aluminium; sanitary ware and parts thereof, of aluminium.
761510 Table, kitchen or other household articles and parts thereof; pot scourers and scouring or polishing pads, gloves and the like

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