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This report serves as a road map for U.S. companies exporting to Ecuador. While Ecuador is a challenging market for U.S. food and agricultural products, it is also one of opportunities. Domestic production cannot meet consumer demand, necessitating continued imports.
The retail industry is an important component of Ecuador’s economy. The 2022 forecasts for retail food sales is $24.9 billion and for consumer expenditures on food, beverages, and tobacco is $15.9 billion. Excellent sales prospects exist for U.S. food products to supply this sector.
On October 20, 2022, the Sri Lanka Standards Institution (SLSI) notified draft amendment standards (number 1) to SLS 1725-1:2021 for Processed Grain-based Food Products, Part 1: Multi/Mixed Grain to the World Trade Organization (WTO).
On October 20, 2022, the Sri Lanka Standards Institution (SLSI) notified draft amendment standards (Number 1) to SLS 1725-2:2021 for Processed Grain-based Food Products, Part 2: Cornflakes to the World Trade Organization (WTO). WTO members are invited to submit comments on notification G/TBT/N/LKA/51
On October 20, 2022, the Sri Lanka Standards Institution (SLSI) notified its draft amendment standards (Number 1) to SLS 894:2003 for bottled (packaged) drinking water to the World Trade Organization (WTO). WTO members are invited to submit comments on notification G/TBT/N/LKA/51. The comment period closes on December 20, 2022.
On October 20, 2022, the Sri Lanka Standards Institution (SLSI) notified draft amendment standards (Number 1) to SLS 1725-3:2021 for Processed Grain-Based Food Products, Part 3: Rolled Oats to the World Trade Organization (WTO). WTO members are invited to submit comments on notification G/TBT/N/LKA/51.
On October 20, 2022, the Sri Lanka Standards Institution (SLSI) notified draft amendment standards (Number 1) to SLS 1036:2020 for processed cereal-based foods for infants and young children to the World Trade Organization (WTO). WTO members are invited to submit comments on notification G/TBT/N/LKA/51.
On October 20, 2022, the Sri Lanka Standards Institution (SLSI) notified draft amendment standards (Number 1) to SLS 1725-4:2021 for Processed Grain-Based Food Products, Part 4: Rice Flakes to the World Trade Organization (WTO).
The legal and regulatory situation to allow the planting of genetically engineered (GE) crops in Ecuador remains relatively the same as 2021. Commercial cultivation of GE crops is not permitted, however cultivation for research is allowed and an exception exists for GE products without recombinant or foreign DNA in the genome. A ruling by Ecuador’s Constitutional Court in early 2022 now makes it more difficult for the President to authorize exceptions to the GE ban.
Sri Lanka does not produce genetically engineered (GE) crops or animals. There is some GE research at the laboratory level, but there is no commercialization. The lack of a legal framework and biosafety procedures are a major setback; the country is in the process of finalizing regulatory biotechnology policies.
On September 12, 2022, the Sri Lanka Standards Institution (SLSI) notified draft amendment standards (number 1) to SLS 917:2018 for milk added drinks to the World Trade Organization (WTO). WTO members are invited to submit comments on notification G/TBT/N/LKA/51. The comment period expires on November 12, 2022.
Sri Lanka’s market year (MY) 2021/2022 (October-September) rough rice production of 2.57 million metric tons (MMT) was sharply lower, severely disrupted by the Sri Lankan government’s banning of chemical fertilizer imports.