Applicable under the Trade Promotion Agreement between Ecuador and the United States, subject to rules of origin and certification.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S.-Ecuador Trade Agreement Boosts Electronics Parts Exports
A recent bilateral trade agreement between the United States and Ecuador has reduced tariffs on electronic components under HS Code 8529, facilitating increased exports of parts for apparatus of headings 8524 to 8528 from the U.S. to Ecuador.
2023-10-15
Impact: This agreement is expected to increase U.S. exports of electronic parts to Ecuador by 15% annually, strengthening trade ties and benefiting U.S. manufacturers.
Ecuador Imposes Temporary Import Restrictions on Electronic Parts
Ecuador has introduced temporary import restrictions on certain electronic parts under HS Code 8529 to protect domestic industries, affecting U.S. exporters.
2023-09-20
Impact: U.S. exporters may face reduced market access in Ecuador, with a potential decline in trade volume for these parts by 10% in the short term.
U.S. Department of Commerce Reports Growth in Electronics Trade with Ecuador
The U.S. Department of Commerce reported a 12% increase in exports of parts for apparatus under HS Code 8529 to Ecuador in the first half of 2023, driven by demand for telecommunications equipment.
2023-08-05
Impact: This growth signals a rising demand in Ecuador for U.S.-made electronic components, potentially leading to further investment in the sector.
Policy Updates
U.S.-Ecuador Trade Facilitation Agreement
A new trade facilitation agreement between the U.S. and Ecuador reduces tariffs by 5% on electronic parts classified under HS Code 8529, aiming to streamline customs processes and enhance bilateral trade.
Date: 2023-10-10
Ecuador's Import Quota Policy Adjustment
Ecuador has adjusted its import quota policies, setting a temporary cap on electronic parts under HS Code 8529 to support local manufacturing, effective from October 2023.
