Global Trade Alert
Global Trade Alert

Brazil: New import tariff-rate quotas and tariff modifications due to update of the LETEC list (July 2023)

Announcement

21 Jul 2023

In July 2023, the government of Brazil established new import tariff-rate quotas and modified the import duties of several products. The changes were introduced via modifications of Annex V of GECEX Resolution No. 272 of November 2021.

 

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Number of interventions

3

1 certainly harmful

0 likely harmful

2 liberalising

List of interventions

3 in force

Implementation date

01 Aug 2023

Revocation date:

No revocation date

Import tariff quota In force

On 21 July 2023, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 502 establishing import tariff-rate quotas for certain products, including certain chemica...

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Import tariff In force

On 21 July 2023, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 502 reducing the import tariffs on certain products, including contact lenses and medical ...

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Implementation date

01 Aug 2023

Revocation date:

No revocation date

Import tariff In force

On 21 July 2023, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 502 increasing the import tariffs on eight products, including certain paper, plastic and ...

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