Economic and commercial news in Ecuador, he said Ecuador "Handelsblatt" reported May 17, the construction industry continued to slump in Ecuador, total imports of building materials in 2016 compared with the first quarter of last year fell by 46.7%, as well as by the impact of imports of transportation transportation equipment business.

Ecuador Construction Industry Chamber of Commerce 席西尔维里奥 Duran said special tariffs on more than 2,900 kinds of commodities Ecuador imposed last year, resulting in a substantial decline in the number of imported building materials. Such as ceramic products, imports this year from January to March fell from $ 18 million to $ 7 million, the amount of imports from Europe declined from $ 3.2 million to $ 1.4 million.

The industry believes that 65% -75% of the high taxes are the main reason for reducing the number of imported building materials. In particular, some special tariff of 40% of the building materials market in Ecuador has disappeared.

Sample affected are the transport of goods or the import of heavy equipment business. According to Ecuador's central bank statistics, the first quarter of 2016 in the field of imports fell 55.3% over last year. Ecuador Leader vehicle business associations believe that if continued to impose special tariffs, the transport industry is difficult to recover.