Global Trade Alert
Global Trade Alert

Brazil: Export taxes established on crude petroleum oils and diesel oil

Announcement

12 Mar 2026

In March 2026, the Brazilian government introduced export taxes on crude petroleum oils and diesel fuel through Provisional Measure No. 1'340. The measure aims to contain domestic fuel price increases resulting from international market instability.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Mar 2026

Revocation date:

No revocation date

Updated: 17 Mar 2026
Export tax In force

Recent update from 17 Mar 2026:

On 12 March 2026, the Brazilian government established, through Decree No. 1'340, a 12% export tax on crude petroleum oils and bituminous minerals classified under NCM code 2709 and a 50% export ta...

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