ANNOUNCEMENT 26 Oct 2015

In October 2015, the government of Brazil announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Ministry of Development, Industry and Trade, news item of 27 October 2015: http://www.mdic.gov.br/sitio/interna/noticia.php?area=1&noticia=14141

Camex resolution no. 101 of 26 October 2105, published in Official Gazette of 27 October 2015: http://camex.gov.br/legislacao/interna/id/1465

WTO. (26 July 2013). Trade Policy Review, Report by the Secretariat, Brazil. Report prepared for the sixth Trade Policy Review of Brazil. Document WT/TPR/S/283/Rev., p. 53, para. 3.38: https://www.wto.org/english/tratop_e/tpr_e/s283_e.pdf


Inception date: 27 Oct 2015 | Removal date: 26 Jun 2017
Still in force

Import tariff

On 26 October 2015, the Brazilian Foreign Trade Council (Camex) issued Resolution no. 101 decreasing the import tariff on 123 tariff codes related to capital goods to 2%. For 119 codes the reduced tariff is new, while for the remaining four it was extended. The measure took effect on 27 October 2015 lasts until 30 June 2017.
 
Ex-tarifário regime
The tariffs were reduced under Brazil's ex-tarifário regime which allows for a temporary customs duty exception to the Mercosur Common External Tariff on capital and IT goods. Such an exception can be invoked in case the good in question has no domestically produced equivalent. The goal of this is to restructure Brazil's industrial park and infrastructure services (see WTO Trade Policy Review).
 
The measure was introduced simultaneously with Camex Resolution no. 100 which reduces the tariff on IT-goods (see measure no. 10287 under Related Measures). According to Camex, both measures produce 138 ex-tarifários and are related to global investments worth USD 1.4 billion.
 
Sectors and countries of origin
The main affected sectors are petrochemistry (42.07%), automotive industry (31.93%), pharmaceuticals/chemistry (10.82%), nutrition (4.93), mining (1.62%), capital goods (1.60%), agri-business (1.38%), and graphic design (1.33%).
 
The products' main countries of origin are the USA (29.88%), Austria (12.7%), Italy (10.1%), Germany (8.07%), China (6.76%), Israel (6.75%), Japan (5.12%), and South Korea (3.7%).

AFFECTED PRODUCTS

 
840710 840721 840729 840733 840734 840790 840810 840820 840890 841319 841320 841330 841340 841350 841360 841370 841381 841391 841410 841420 841430 841440 841451 841459 841460 841480 841490 841710 841720 841780 841790 841911 841919 841920 841931 841932 841939 841940 841950 841960 841981 841989 841990 842111 842119 842121 842122 842123 842129 842131 842139 842191 842199 842211 842219 842220 842230 842240 842290 842410 842420 842430 842481 842489 842490 842611 842612 842619 842620 842630 842641 842649 842691 842699 842810 842820 842831 842832 842833 842839 842840 842890 843110 843120 843131 843139 843141 843142 843143 843149 843229 843240 843280 843290 843311 843319 843320 843340 843351 843352 843353 843359 843360 843390 843610 843629 843680 843691 843699 843710 843780 843790 843810 843820 843840 843850 843860 843880 843890 844311 844313 844316 844317 844319 844331 844332 844339 844391 844399 844512 844513 844519 844520 844540 844590 845410 845420 845430 845490 845610 845630 845690 845710 845720 845730 846210 846221 846229 846231 846239 846241 846249 846291 846299 846310 846330 846390 846410 846420 846490 846510 846591 846592 846593 846594 846595 846599 846610 846620 846630 846691 846692 846693 846694 847410 847420 847431 847432 847439 847480 847490 847710 847720 847730 847740 847751 847759 847780 847790 847910 847920 847930 847940 847950 847960 847971 847981 847982 847989 847990 848010 848041 848049 848050 848060 848071 848079 848110 848120 848130 848140 848180 848190 848310 848320 848330 848340 848350 848360 848390 850211 850212 850213 850220 850231 850239 850410 850421 850423 850431 850432 850433 850434 850440 850450 850490 860400 901910 901920 902710 902720 902730 902750 902780 902790 903010 903020 903031 903033 903039 903040 903082 903084 903089 903090 903110 903120 903149 903180 903190
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