Stable with slight increase of 2% compared to 2021
Special Rates
Preferential Rate
0%
Applicable under the Trade Promotion Agreement between Ecuador and the United States, subject to rules of origin certification.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Exports of Styrene Polymers to Ecuador
Recent trade data shows a 12% increase in U.S. exports of polymers of styrene (HS Code: 3903) to Ecuador in Q3 2023, driven by growing demand in Ecuador's packaging industry.
2023-10-15
Impact: This surge strengthens U.S.-Ecuador trade ties and supports Ecuadorian manufacturing sectors reliant on styrene-based materials.
Ecuador Implements Quality Standards for Imported Styrene Polymers
Ecuador has introduced stricter quality control measures for imported polymers of styrene, affecting U.S. exporters who must now comply with new certification requirements.
2023-09-20
Impact: U.S. exporters may face higher compliance costs and delays, potentially reducing export volumes in the short term.
Ongoing bilateral trade talks between the U.S. and Ecuador aim to reduce barriers for chemical products, including polymers of styrene, fostering optimism among exporters.
2023-08-05
Impact: If successful, the agreement could lower tariffs and increase U.S. exports of styrene polymers to Ecuador.
Policy Updates
Ecuador Updates Import Tariffs on Styrene Polymers
Ecuador revised its tariff structure for HS Code 3903, imposing a temporary 5% increase on imports of styrene polymers to protect domestic producers, effective from September 2023.
Date: 2023-09-01
U.S. Trade Promotion Authority Reviews Ecuadorian Market Access
The U.S. Trade Representative is reviewing market access conditions for Ecuador under existing trade frameworks, with a focus on chemical products including styrene polymers, to ensure fair trade practices.
