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

Announcement

22 Sep 2023

In September 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.

Source

Number of interventions

2 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

01 Oct 2023

Revocation date:

29 Sep 2024

Updated: 22 Sep 2023

Import tariff quota

On 22 September 2023, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 526 establishing an import tariff-rate quota for Ex-tarifário 03 of NCM 3908.10.25. T...

Implementation date

01 Oct 2023

Revocation date:

01 Aug 2024

Updated: 22 Sep 2023

Import tariff quota

On 22 September 2023, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 526 extending and decreasing the in-quota volume for Ex-tarifário 01 of NCM 3908.10.2...

Implementation date

01 Oct 2023

Revocation date:

No revocation date

Updated: 22 Sep 2023

Import tariff In force

On 22 September 2023, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 526 increasing the import tariff on certain polymers classified under NCM 3906.90.44....

Implementation date

01 Oct 2023

Revocation date:

01 Oct 2025

Updated: 22 Sep 2023

Import tariff

On 22 September 2023, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 526 temporarily eliminating the import tariff on certain medicaments classified under...