ANNOUNCEMENT 19 Apr 2021

The government of Chile reduced the applicable reductions on the import tariffs of wheat and wheat or meslin flour.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 126/2021. 19/04/2021. Aplica Rebajas de Derechos de Aduana para la Importación de Trigo y Harina de trigo o de Morcajo (Tranquillón). Available at: https://www.bcn.cl/leychile/navegar?idNorma=1158501

Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 36/2021. Aplica Rebajas de Derechos de Aduana para la Importación de Trigo y Harina de trigo o de Morcajo (Tranquillón). 17/02/2021. Available at: https://www.bcn.cl/leychile/navegar?idNorma=1155991

Inception date: 16 Apr 2021 | Removal date: 15 Jun 2021

Import tariff

On 19 April 2021, the Chilean Ministry of Public Finance adopted Exempt Decree 126/2021 establishing new applicable discounts on customs duties on wheat and wheat or meslin flour.

For the case of wheat imports, the applicable discounts decreased from USD 150.90 to USD 136.61 per tonne. Moreover, for wheat or meslin flour imports, the applicable discounts also decreased from USD 235.41 to USD 213.12 per tonne. The comparisons are based on the discounts set in February 2021 (see related state act).

According to the Decree, its objective is to establish a “reasonable margin for internal prices to fluctuate in comparison to the international market” (own translation).

The discounts have a retroactive validity from 16 April 2021 and will be valid for a two-month period until 15 June 2021. 

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AFFECTED PRODUCTS