Global Trade Alert
Global Trade Alert

Brazil: New credit line in USD for supporting agricultural exports

Announcement

17 Apr 2023

In April 2023, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) announced a BRL 2 billion (USD 404 million) credit line to support agricultural exports. 

 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

01 May 2023

Revocation date:

08 May 2023

Other export incentive

On 17 April 2023, the National Bank for Economic and Social Development (BNDES in Portuguese) and the Ministry of Agriculture and Livestock of Brazil (MAPA in Portuguese) announced a BRL 2 billion (US...

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Implementation date

17 Apr 2023

Revocation date:

08 May 2023

Local content incentive

The BRL 2 billion (USD 404 million) BNDES Crédito Agrícola em Dólar credit scheme will be subject to local content incentives. Specifically, all capital goods (agricultural machines and equipment) th...

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