Despite global relief in the call for products and the sustained fall in costs of more than 20 weeks (since the start of the pandemic in mid-March), Ecuadorian bananas export more volume and quote the crisis. agricultural export product and is one step away from outperforming oil exports and positioning itself as the country’s main source of foreign exchange.
Between January and July 2020, the country sent 208 million cases of bananas totaling $2,314 billion, said José Antonio Hidalgo, executive director of the Ecuadorian Banana Exporters Association (AEBE), representing an accumulation of 8. 74% by volume and 19. 3% in sales at the same time in 2019.
“The industry did not fire a single user or prevent promote a single emergency box. We are one of the largest labor turbines in the country, with about 250,000 direct jobs,” Hidalgo added.
Strategy This intelligent functionality is due to two main methods undertaken through the Ecuadorian banana sector: first, the sector has been operating for a year and part of the process of forming a banana cluster; To date, it has been imaginable to bring in combination almost one hundred percent of exports, more than 50% of local production and the various actors in the price chain The objective of the cluster is to be able to identify non-unusual protocols and actions, paint a competitiveness roadmap for the sector, and have more voice in public policies. These paintings allowed the sector to create logistical corridors during the crisis to prevent fruit distribution from being affected.
In addition, the industry implemented biosecurity measures years ago to address the imminent risk of race Fusarium four. “We only had to adapt the protocols to COVID-19,” said Roberto Rosero, the manufacturer of the sector.
Becoming more competitive Ecuador’s banana sector still faces primary local demand situations that undermine its competitiveness compared to other generating countries in the region and, according to Hidalgo, face superior regulation, including an express law for its own activity and value control.
In addition, bananas are the only export product that has paid a minimum tax of 3% on monthly sales over several years, as a source of income tax.
“In recent weeks, we have learned that they will impose an additional move-in price tax on corporations with similar foreign parties,” added AEBE’s representative.
In addition, the country wants to participate in more industrial agreements to pay price lists between 10% and 30% higher than its competition in several major emerging markets such as China, Japan and Russia.
Source: lahora. com. ec
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