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Ecuador loses $ 128 million annually for liquor smuggling
Posted On 24 Sep 2015
Image: Expreso
Ecuador loses about $ 128 million a year by the flood of illegal alcohol on hangers. This deficit, in fact, is assumed by the state, which needs those resources for the health system.
Euromonitor International, a consulting firm dedicated to the study of the market behavior, reported that the calculation is below $ 468 million lost by the Colombian government, the leader of the table, for the same reason.
Taxes on alcoholic beverages have increased by over 100% since 2011, Ecuador is the country with the highest increase in the illegal liquor market: 167%, according to the study. Seven and twelve times the rate achieved by its neighbors Colombia and Peru, in that order.
In Ecuador, a bottle of clandestine alcohol can cost 32% less than a regularized one, but the consequences of the problem are of human nature.
The National Customs Service seized between 2013 and 2014 a total of $ 2.8 million in illegal alcohol, the presence of this in the country occupies a market share of up to 28%, which again, puts it above the regional average (22%).
Source: http://expreso.ec/expreso/
