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Brazil Modifies Import Duties on Various Products

Brazilian authorities recently announced the following changes to Brazil’s list of exemptions to the Mercosur common external tariff. As a result, the duties on the following products have either increased or decreased.

  • Peaches preserved in water classified under NCM 2008.70.10 – duty has been lowered from 55 percent to 35 percent.
  • Ametrine classified under NCM 2933.69.91 – duty has increased from two percent to 14 percent.
  • Refractory bricks classified under NCM 6902.10.18 – duty has been reduced from 35 percent to 10 percent.
  • Lenograstim classified under NCM 3002.10.39 – duty has been raised from zero to two percent.
  • Polyester fibres classified under NCM 5503.20.10 – duty has been hiked from two to 10 percent.
  • Palm oil classified under NCM 1511.90.00 – duty has risen from 10 percent to 20 percent.
  • Sevoflurane classified under NCM 2909.19.90 – duty has increased from two to 14 percent.
  • Clonazepam classified under NCM 2933.91.13 – duty has been raised from two to 12 percent.

Moreover, tariff-rate quotas have been established on the products listed below to correct a lack of supply in the Brazilian market.

  • Barium Carbonate
    A maximum of 7,300 tonnes of barium carbonate with a purity of a least 90 percent, classified under NCM 2836.60.00, will benefit from a reduced two percent duty for a period of 12 months. Out-of-quota merchandise will be subject to a regular MFN rate of 10 percent. This product is used by the electronics industry as an input in the production of magnetic ferrites, as well as by producers of ceramics, glass products, ferrites and bricks.
  • Palm Kernel Oil
    A maximum of 224,785 tonnes of palm kernel oil classified under NCM 1513.29.10 will benefit from a reduced duty of two percent for a period of 12 months. Out-of-quota merchandise will be subject to a regular MFN rate of 10 percent. This oil is widely used in the food industry, including as a replacement of cocoa butter in chocolate.
  • X-ray Film
    A maximum of 1,000 tonnes of x-ray film sensitised on both sides classified under NCM 3702.10.20 will benefit from a reduced two percent duty for a period of one year. Out-of-quota merchandise will be subject to a regular MFN rate of 14 percent.
  • Disodium Sulphate
    A maximum of 455,000 tonnes of anhydrous disodium sulphate for the production of certain powder detergents, classified under NCM 2833.11.10, will benefit from a reduced two percent duty for a period of six months from 28 June. Out-of-quota merchandise will be subject to a regular MFN rate of 10 percent.
Content provided by Picture: HKTDC Research
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