Impact of Increase in Port Charges on Guatemala

The private sector is asking the government to repeal the new tariff schedule in the ports of Quetzal and Santo Tomas de Castilla, saying it there is no justification for it and the competitiveness of ports is deteriorating.

Wednesday, November 12, 2014

According to employers, the increase is not only unwarranted, but also directly impacts the cost structure of firms, which end up passing on the prices increases to end consumers.

Hermann Giron, president of the Coordinating Committee of Agricultural, Commercial, Industrial and Financial Associations, told that "... The situation at the ports does not justify the increase, as there has been minimal investments to improve infrastructure and operations in both ports, despite the good profitability. "

'... At the same time, through a letter signed by its chairman Estuardo Castle, the Agexport agrees with Cacif in reversing the statement, as one of the obstacles in the country are the logistics costs, both in terms of transport as well as poor road infrastructure. "

More on this topic

Hike in Rates at Puerto Cortés

December 2015

An announcement has been made of increases of 3% in January and 3% in March 2016 for the rates for services provided by the Operator Port Central Terminal in Cortez.

Entrepreneurs say the planned rise in rates will further affect the competitiveness of the productive sector, which is already battling with the slow pace of customs clearance in the terminal.

Cost of Operating in Acajutla Could Rise 16%

April 2015

Maritime industries say that if the new rates requested by the Autonomous Executive Port Commission are approved, logistics costs will increase by 16%.

The current tariff was established in 2005 but when it comes time to paying at the counter this rate increases because of additional charges, it is for that reason that the Superintendency of Competition (SC) through means of a study is proposing a revision and update of the existing rates, adding in these elements.

Agreement to Amend Rates at Quetzal Port

December 2014

At the request of the business sector, the government has agreed to revise the rates for services in the Port of Quetzal in Escuintla and port Santo Tomás de Castilla.

From a statement issued by the Government of Guatemala:

The president of Guatemala, Otto Perez Molina, met with representatives of the business sector to discuss tax rates to be paid at the ports of Quetzal and Santo Tomas de Castilla on the Pacific and Atlantic side of the country respectively.

Opposition to higher fees in Puerto Quetzal

October 2014

Entrepreneurs from the logistics sector in Guatemala argue that the increase from 30% to 60% on import charges which came into effect on October 16th will reduce competitiviness.

The new tariff schedule includes a $38 payment per inspection using scanners, among other costs incurred in handling cargo, which in the end will result in price increases for the consumer.

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