Brazil reinstates ethanol import tariff making US product even less viable
Brazil’s Foreign Trade Chamber (Camex) has reinstated the original 18% import tariff for ethanol by means of letting the current 0% import tariff expire as
Category: Brazil
Country Brazil
Profile: Largest country in South America and known for its Amazon rainforest and vibrant culture.
Export-Import Data: Exports agricultural products (soybeans, beef), minerals, and petroleum. Imports machinery and chemicals.
Trading Partners: China, United States, European Union.
Future Opportunities: Sustainable agriculture, renewable energy development, and infrastructure projects.
Brazil concerned with the concentration of its foreign trade: few products and volumes mostly to China
In the last ten years, up until 2021, Brazilian export to China grew at a greater rate that those to rest of the world. From
Brazil, U.S., Ukraine, Australia Grain Exports, and China Growth, in Focus
“China recently was buying record amounts of Brazilian corn but with supplies in South America now running thin demand will shift to the US through
Brazil and Argentina to discuss common currency, boost regional trade
Brazil and Argentina are mooting the use of a common currency “that can be used for both financial and commercial flows, reducing costs operations.” The