The Treasurer’s Guide to Trade Finance

(Martin Jones) #1

Brazil


Licences
Imports
ƒ Most imports are subject to automatic
licences. Some require non-automatic
licences. Some imports require authorisation
from the relevant agency or ministry.
Licences usually expire after 90 days.
ƒ There are no import licences required
for items from fellow Mercosur member
countries, except for cars and sugar.
Exports
ƒ Licences are required from SECCX for
exports animals, plants, tobacco, minerals
and weapons.

Tariffs/Taxes
Imports
ƒ Tariffs are applied, ad valorem, on imports
from outside Mercosur at rates between zero
and 20 percent. A tariff of 35 percent may
be levied on automotive imports. Clothes
and dairy products may be subject to a 26
percent or 28 percent import tariff.

Exports
ƒ Export taxes are levied on relatively few
items.
ƒ A duty of 9 percent is applied to raw hides.
ƒ A duty of 150 percent is applied to exports
of cigarettes to Latin American countries as
well as weapons and ammunition to Central
and South America (excluding Argentina,
Ecuador and Chile) and the Caribbean.

Financing requirements for imports/
exports
ƒ Neither exports nor imports are subject to
financing requirements.

Prohibited items
Imports
ƒ Items that may harm public health and
national security, such as agrochemicals,
weapons and unlicensed drugs.
Exports
ƒ For environmental reasons and compliance
with UN resolutions and international
agreements, certain items cannot be
exported.
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