Brazil - Trade BarriersBrazil - Trade Barriers
Brazil ranked 123 out of 190 countries in the World Bank’s 2016 Ease of Doing Business Report. U.S. companies cite high tariffs, an uncertain customs system, high and unpredictable tax burdens, and an overburdened legal system as major hurdles they must overcome to do business in Brazil. U.S. exporters in regulated industries (e.g., medical devices, health, and safety products) have a particularly challenging time navigating Brazilian rules and regulations.
As Brazil has implemented the Brasil Maior (Greater Brazil) plan, we have seen a rise in trade protections such as tax breaks to benefit local manufacturers, increased tariffs, and local content requirements. U.S. companies will increase their chances of success by working with strategic Brazilian partners and highlighting their commitment to the Brazilian market. While U.S. companies have faced market access challenges in Brazil over the past several years, such as high tariffs, local content requirements and a “Buy Brazil” policy, the U.S. government (USG) is working with the Brazilian government (GOB) to reduce non-tariff barriers in the area of trade facilitation, technical standards, regulations and conformity assessment.
Brazil Trade Barriers