Announcements

Job offersmore »

Tweeting Growers

Last commentsmore »

Top 5 - yesterday

Top 5 - last week

Top 5 - last month

Exchange ratesmore »




Ecuador: Flowers duty increases

Flowers from Ecuador cost more to import in 2018 due to the GSP expiration.
 
For those who are not aware GSP or General System of Preferences is how exporting countries like Ecuador, in this case, are able to ship certain flowers into the US duty free. Roses are the exception as they currently are assessed a duty with most other products falling within the GSP guidelines.
 
The cost will be passed along in prices as line items or buried in the cost. Obviously it is a political tool between the two countries, as well, so there are issues to be worked out before everyone signs.
 
If you are importing Ecuadorean flowers you should check with your Customs Broker for details.

Beginning 1-1-2018 the rates are:
  • Roses   6.8%
  • Mini carnations  3.2%
  • All other fresh flowers. 6.4%
  • Bleach, dyed, non fresh flowers  4%
  • Ferns, foliage, decorative greens  FREE.
Source: Flowersandcents.com via Flower Expo China

Publication date: 1/3/2018

 


 

Other news in this sector:

1/16/2018 US (CA): Nursery stock ranks third, cut flowers eight
1/16/2018 Kenya: "Valentine's Day will be better than last year"
1/16/2018 Can Singapore's orchid industry bloom again?
1/15/2018 "Kenya to step up efforts to access South African market"
1/12/2018 FloraHolland market information: less supply at Christmas
1/12/2018 Kenya moves to secure post-Brexit trade deals with the UK
1/12/2018 "Most flower companies in Kenya don't pay taxes there"
1/12/2018 Japan cut flowers: decreasing production, increasing exports
1/10/2018 Zimbabwe: Government targets EU market for flowers
1/10/2018 South Korea: Flowering tea growing in popularity
1/9/2018 Hong Kong: Flower prices shoot up after typhoons
1/9/2018 Europe gears up for tulip season
1/8/2018 India: Event to boost trade, help farmers
1/8/2018 India: "Each family should take up floriculture"
1/8/2018 US: What's happening to profit margins?
1/5/2018 Colombia: Growers optimistic about Valentine's Day
1/4/2018 Nigeria: Tin Can records 150% increase in agro exports
1/4/2018 CAN (ON): Minimum wage is now $14 an hour
1/4/2018 "25% annual production growth Mexican phalaenopsis"
1/3/2018 Our 10 most read articles of 2017

 

Leave a comment: (max. 500 characters)

  1. All comments which are not related to the article contents will be removed.
  2. All comments with non-related commercial content, will be removed.
  3. All comments with offensive language, will be removed.




  Display email address

  new code