Markets and Trade
AreaBrazil
Commodity GroupRice
CommodityAll
Date23/05/2022
Policy CategoryTrade
Policy InstrumentImport tariff
DescriptionApproved a further reduction of import tariffs on rice and other products. Accordingly, imported paddy, husked, broken and non-polished or glazed semi/wholly milled rice would attract an import tariff of 8 percent, instead of the 10 percent that they would normally accrue, or the reduced rate of 9 percent stipulated in November 2021. On the other hand, polished or glazed semi/wholly milled rice would be levied a duty of 9.6 percent, down from the normally applicable level of 12 percent and the reduced rate of 10.8 percent set in November 2021. The revised rates would be applicable from 1 June 2022 to 31 December 2023.