Brazil raises import tax on laminated glass

The tariffs have been put in place following a decision made last November by the Executive Management Committee (Gecex, in the Portuguese acronym) of the Foreign Trade Chamber (Camex), an arm of the Brazilian Ministry of Development, Industry, Trade and Services. According to information from Abravidro, the increase and extension apply to imports from all countries except Mercosur members and countries that have free trade agreements with the bloc, which provide for the non-application of unilateral increases.

The decisions meet requests from the Brazilian Association of Glass Industries (Abividro). According to Abravidro, the measures are underpinned by the Conjunctural Commercial Imbalances (CCI) mechanism created by the Mercosur to shield member countries’ industries from the impact of transitory fluctuations in trade prompted by surges in imports or atypical declines in prices of imported goods.

According to Abravidro, there has been a historic increase in imports of processed glass, such as tempered and laminated glass, to Brazil. From January to November, 35,593 tons of laminated glass were imported, the highest number since recordkeeping began, in 1997, according the bulletin. Total glass imports (raw and processed) amounted to 246,971 tons by the end of November.

Source: ANBA

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