Global Trade Alert
Global Trade Alert

Brazil: Modification of import duties of 208 capital goods (May 2024)

Announcement

24 May 2024

In May 2024, the government of Brazil eliminated the import duties on 198 capital goods and increased the import duties on 20 others.

Source

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

03 Jun 2024

Revocation date:

31 Dec 2025

Announced: 24 May 2024
Import tariff
On 24 May 2024, the Executive Committee of the Brazilian Foreign Trade Chamber (Gecex) issued Resolution No. 597 temporarily eliminating the import tariffs on 198 capital goods classified under 89 six...
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Implementation date

03 Jun 2024

Revocation date:

No revocation date

Announced: 24 May 2024
Import tariff In force
On 24 May 2024, the Executive Committee of the Brazilian Foreign Trade Chamber (Gecex) issued Resolution No. 597 raising the import tariffs on 20 products under 13 six-digit tariff subheadings. The ch...
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