November 2015 was the lowest month for banana exports. The latest statistics from the Association of Ecuadorian Banana Exporters (AEBE) reveal that during November foreign sales fell by 2.64% compared to the previous month of the same year, and by 7.13% compared to 2014. Still in the accumulated of the eleven months the figure is positive (6.19 more).
However, with regard to the January-November 2014 period there is a slowdown as a result of the loss of competitiveness against other countries and by internal factors, according to producers.
Between 2013 and 2014 (from January to November) shipments rose by 17.34% (40 million additional boxes).
Late last year the government decided to improve some conditions of the producer and exporter sector. One was to reduce by $ 0.36 the price paid to the producer per box. Another variable that caused the problem was the flat tax, which was reduced for some segments, as stated in Decree 869.